From equipment failure and personal injuries to tornadoes and tropical storms, disasters happen. Any community association worth its salt knows that it needs to be prepared for a rainy day. A great chunk of that preparation is insurance. …
Sometimes the future seems like it’s an awfully long way away. If a roof is going to last 30 years, why should we worry about it today? Same with that shiny new boiler, HVAC chiller or that flat, crack-free pavement just poured two summers…
Taking care of a condo association building ’s budget and finances is a big job. Handling such large sums of money is an important responsibility, and not every shareholder or unit owner has the expertise to do the job well. Sure, most peo…
Imagine sitting down with your significant other to pay the monthly bills. You both put your checks into a joint account and know how much there is to take care of expenses, or so you think. Out of his wallet your husband pulls out receipt…
Some lucky community associations and HOAs offer the benefits of an indoor or outdoor swimming pool for their residents; it’s a splashy amenity that many people request when looking for a home…but there are many drawbacks, issues, and liab…
The media and political buzz surrounding so-called 'homeshare' or 'short-term rental' websites (primarily Airbnb, but also other similar services like Homeaway.com and VRBO.com, just to name two) has been on the upswing over the last year …
Most community association or HOA boards are made up of ordinary, well-meaning folks who volunteer for the relatively thankless job of running their association. They donate their time, expertise, and effort to make their community as func…
As the condo and HOA market continues to heal after the setback it experienced during the most recent financial crisis, many management firms and independent association managers are looking for ways to distinguish themselves from their co…
Individual commitment to a group effort; that's what makes a team work, a company work, a society work, a civilization work. Legendary Green Bay Packers football coach Vince Lombardi left community association boards and managers off …