Located in the San Fernando Valley, Tarzana is a suburban neighborhood with about 43,567 residents. Tarzana is considered an affluent area, with a high cost of living and expensive housing.
The neighborhood, though, is a great place for families and young professionals alike. Tarzana boasts a diverse population, excellent weather, a vibrant nightlife scene, and plenty of outdoor activities. There are also many good schools in the area, as a large chunk of residents is quite educated. In fact, about 40 percent of residents aged 25 and above hold a bachelor’s degree.
Tarzana is also home to the Tarzana Recreation Center, which has a gymnasium that doubles as an auditorium. The park has many amenities, including outdoor basketball courts, a community room, a baseball diamond, barbecue pits, a children’s play area, volleyball courts, and picnic tables.
There are nearly 50,000 homeowners associations in California. This means there are roughly 14.07 million people living in HOA communities. Tarzana itself is experiencing a boom in HOAs, which isn’t surprising considering the benefits these associations bring to the table.
Homeowners associations, though, have to source the funds to pay for common expenses from somewhere. This is why homeowners have to pay regular dues, which can go from $300 to $700. In wealthier communities, such as Tarzana, dues can even go up to $1,000 or higher.
The increase in HOAs in Tarzana also means that there is a higher demand for HOA management. After all, it isn’t easy to manage entire communities, especially those with a high resident count. HOA boards have to fulfill a wide spectrum of duties, including but not limited to dues collection, rule enforcement, homeowner communication, and maintenance. For self-managed boards, things can quickly spiral out of control. Thankfully, professional Tarzana homeowners association management services exist.
Running a homeowners association comes with heavy obligations. Board members, who are mere volunteers, often don’t have enough time for the added workload. Many of them also lack the experience and skills necessary for successful community management.
The best way to keep your community in operation is to outsource the job to a Tarzana association management company. With professional help, your board no longer needs to perform administrative tasks and day-t0-day work. Instead, an HOA manager can do all of that for you, leaving the board to make big-picture decisions.
Begin searching for an HOA management company today using our comprehensive online directory!