Managing your association means dealing with dues. From collecting them to setting them, your board needs to be on top of HOA dues. It also means having tough conversations about raising dues and looking thoroughly at the budget to see if ...
Many homeowners associations make the mistake of putting off maintenance costs until something needs to be replaced or repaired. While this may lower HOA dues, it can cause big problems later on down the pipeline. Anticipating the repairs ...
In part one, we looked at how to begin preparing an HOA budget. We discussed setting goals, looking at the current finances, and prioritizing repairs. In part two, we’re going to look at gathering figures and how to plan for the unexpect...
Now is the time of year that many HOA boards begin talking about their annual budget. If you’re looking at the numbers for 2020 and trying to plan out an appropriate budget for 2021, there are some steps you can take to make preparing an...