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...
HOAs, condo associations and other communities have banded together to confront the challenges of COVID-19. At this point, we are approaching a year into COVID-19, which was declared a pandemic by the WHO on March 11th, 2020. We’ve navigated implementing emergency...
It has now been a full year since COVID-19 has taken the world by storm. We have seen massive shifts in every facet of life across the globe. And on a local level, in our HOAs, condo associations and housing cooperatives, we have had to make many adaptations to the...
Disagreements happen. Members can have disputes with the association, neighbors can have issues with other neighbors. It can feel like a tug-o-war with neither side wanting to give. It’s normal and it’s partially to be expected that at some point your community will...
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...
It’s easy to fall in love with an HOA or condo association. With all the amenities, like a pool, tennis court, game room, etc. and you don’t have to do a thing to maintain them. But someone has to make sure the association runs smoothly, the common spaces are...
