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Getting Comfortable with HOA Financial Statements

Getting Comfortable with HOA Financial Statements

Receiving a financial statement on a monthly basis can be one of the most important management tools in helping you oversee your association’s daily operations. The financial information, when complete, will create a road map for ongoing decision making. Finance Committee meetings of the typical association can be intimidating. Many managers and board members alike dread…

5 Star Customer Service

5 Star Customer Service

What does 5 Star mean?  You can ask 10 different people and receive 10 different answers.  For the homeowner and association, it should mean expecting the absolutely highest level of service.  And for the vendor and manager, it should mean delivering the finest, the best, the most impressive and unparalleled service. But what does customer…

Creative Project Management Techniques

Creative Project Management Techniques

Recently, an association I manage undertook a roof replacement project and addition of roller shutters adelaide.  After careful consideration of their financial position and the results of a roofing survey, we were able to have the work commence one year in advance of the outlined reserve study target date. Management negotiated a termed payment schedule with…

An Easy Introduction to Community Associations

An Easy Introduction to Community Associations

The Community Association is established for the purpose of maintaining the common areas, recreation facilities and, in some cases, the exterior maintenance of each home.  This “Purpose” or “Charter” is intended for the general use, benefit and welfare of the owners.  The primary goal should be the enhancement of the community’s property values. While it…

Increased Popularity In Resort Communities Creates Need For Management

Increased Popularity In Resort Communities Creates Need For Management

Imagine waking up every morning on Main Street USA in Disneyland. For some kids that would be the ultimate dream to live right there in the “happiest place on earth.” As adults, we know that’s not a practical choice for living arrangements. However, that doesn’t mean that a community specifically designed for an active resort…

California’s AB 2273 Bill Has Passed. What Does It Mean?

California’s AB 2273 Bill Has Passed. What Does It Mean?

In general, the lobbyists gets a bad reputation as being the purveyors of everything that is wrong with politics. The reality is that the vast majority of lobby groups provide strong advocacy for a wide range of personal interest groups. That is certainly the case with the CAI California Legislative Action Committee (or CAI-CLAC), which…

HOAs And The Adoption of Solar Energy

HOAs And The Adoption of Solar Energy

As you are aware, the “big picture” goal of an HOA is to insure that the property value of their complex remains at maximum high pricing levels. This is accomplished by maintaining the structure from a maintenance perspective and the grounds from an aesthetic perspective. It is the latter that can often cause friction among…

Is your community association a true community?

Is your community association a true community?

The primary mission of any community association is to manage the upkeep of all the common living areas. That in and of itself is a huge responsibility, but an HOA should not stop at paying the gardeners or fixing the roof. They should also foster a positive living experience for all residents. This could mean…

High Rise Community Managers Must Be Versatile To Be Effective

High Rise Community Managers Must Be Versatile To Be Effective

Believe it or not, the Empire State Building in New York City took exactly one year to build from groundbreaking to ribbon cutting. This was back during the Great Depression when it was vitally important to complete a towering project like this to provide hope and inspiration to the entire nation. Today, every city’s skyline…

Five Traits of a Successful Community

Five Traits of a Successful Community

Whether a planned community, condominium or mixed use associations, all communities share five traits for success.  These five characteristics, when employed together, allow a community to operate at its highest level of efficiency and efficacy, benefiting everyone involved – the board, homeowner and management. 1. A Functioning Board of Directors Because all five characteristics are…

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