Your association may be larger and you decided you will get more attention by hiring a community manager directly. Some refer to this as an in-house manager, an onsite manager or like in Florida they refer to it as Manager managed – as opposed to Management Company...read more
Are you a board member of a large scale community association? Are you reviewing your large scale community association accounting? You may refer to yourself as a Large Scale Association, A Planned Unit Development (PUD) or just a Planned Community. You may be a...read more
How to Make a Safe Choice Selecting a Company to Handle your Condo Community or HOA’s Bookkeeping & Financial Management
You volunteered for the board and its more work than you anticipated. To reduce the board’s workload you are contemplating hiring a company to do the monthly bookkeeping tasks. You haven’t shopped for this type of service before so don’t feel 100% comfortable, but...read more
Condo communities and homeowners’ associations are typically set up as non-profit corporations. Just like for-profit corporations they have monthly income and expenses. This income and expense require monthly accounting tasks be completed. So what is condo or HOA...read more
There are many places for board member training depending on what state you live in. I’m a member and big fan of Community Associations Institute and their training programs. I’ve used their training programs to educate property managers and customer service...read more
No one likes surprises when it comes to bills and expenses. I’ve spoken with thousands of board members over the years and one of their top complaints is that they don’t know where their money is going. If you don’t know what your community expenses are? Here’s a...read more
Is your community’s board Treasurer position like a revolving door? Is it hard to keep someone as the Treasurer of your condo community or HOA? Not only does this position have a lot of responsibility but they have a lot of monthly tasks to do. General Tasks Help...read more
Summer is over, kids are settled in school and the board is at full strength to tackle the community’s issues. One of those issues may be 1) finding a new management solution if you are dissatisfied with your current manager or 2) finding a resource to help the...read more
We’ve seen it before – a Board plays favorites. They don’t enforce the rules equally among all unit owners. But we know that all owners have to follow the same rules and no one can pick favorites. An example of favoritism that can cost the association a significant...read more
All the accounting tasks at your community are running smoothly. The collections, bill payment and financial reporting is happening on time and with good accuracy and explanation. You are a self-managed community and life is good – the important job of a Treasurer...read more
Sometimes getting someone to volunteer for a self-managed community board position is impossible. It’s like that scene in a movie where everyone takes a step back and you are left out in front or where you go to the bathroom and everyone voted for you. The most...read more
In our series of blog posts titled: “Association Greed – Board Members, Managers & Missing Money” we highlight wrongdoing by community association managers and board members. In this installment: Community Embezzlement Case Studies – Florida Boards & Employees – we...read more
Long Form Articles
If you like our blog posts you will love our long form articles.
They are packed with useful information to help your Board.