Your HOA has needs. Those needs cost money. And there is only so much money to go around. Welcome to the wonderful world of HOA budgeting. While the task ahead of your BOD may appear daunting, don’t stress too much and don’t put off the job. It’s a simple matter of...
There are signs and whispers around your community that all is not well in your HOA. Your next door neighbor is saying she heard from one of the board members that the reserve fund is almost gone. You notice that the pool has been closed for several months with no...
While we’ve talked a lot about budgeting needs for your HOA and condo association, there is a specific subject regarding budget that we wanted to tackle in this blog. It’s the reserve fund. What is the reserve fund? The reserve fund, or reserve budget, exists to take...
With 2020 coming to a close we look to prepare for 2021 after one of the most challenging years most of us have ever experienced in our lifetimes. While it has not been the easiest year, we have been amazed and impressed by how HOAs, condo associations and planned...
After a year like 2020, we might feel lucky just to still have a roof over heads and a community to live in. There’s nothing like a pandemic, social justice movements, natural disasters and an election to put things in perspective. But for HOAs and condo associations,...
