Keeping Your HOA Management Fees Low Many condominium and Homeowners Associations, especially those accounting for large associations, are unnecessarily financially burdened by having onsite staff for accounting and management work that is ideally suited for outsourcing to a third party. Everything from maintaining the day to day ledgers to fielding service calls from residents is…
Managing Operating Account Finances We frequently are asked about how much money is recommended to keep in a HOA or Condo operating bank account. The answer varies as each HOA is unique (different sizes, different structures and amenities) and so has different financial needs. However, there are some rules of thumb and principles to keep…
Most duties and challenges that Board Members face in running their Homeowners Association are similar in nature. Whether you are running a small condominium or a larger property owners association (POA) many of the work themes are the same. Since one of our company’s core values includes education, we are happy to announce the launch…
Historic Increases in Email Volumes Eating Up Your Time? According to a survey done for over 7,000 communities, the volume of communication with property managers has increased by 40% in the past 24 months. If you extrapolate this, the data is showing that the HOA Boards are also experiencing an increased volume of communication. As a…
Poor Service is a Common HOA Issue Have you ever been disappointed with the quality or service of something you have paid for? You aren’t likely to spend your money on that item again. Whether it was poor quality or poor service that caused your disappointment really doesn’t matter. The same is true for your…
Year-end is fast approaching and you want to make sure your HOA or Condo is on track with its accounting needs. Jot down these year-end accounting preparation tips and key dates for your HOA & Condo so you have the best experience.
Is your HOA or Condo having a hard time finding replacement board members? No one wants to volunteer? Read this to see how to make it easier to attract homeowners to volunteer and find your next replacement.
Self-Managing your HOA or Condo can be simpler with the right software. Look at this easy-to-use software that comes with our amazing remote service.
This is the time of year when many Boards are working on their 2023 budget. The new year will likely see many communities raising their fees to keep pace with rising costs due to inflation. As a result, we’ll also likely see communities looking at ways to save money by doing more things themselves rather…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
Experience the difference with our professional financial services designed specifically for HOAs and condo associations. Simplify your finances with our expert support.
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