5 Items HOAs need to stop (or, start) paying for in 2022

Now that the holidays are over, it’s time for us to get back to work—in our industry, that means budgets! Specifically, HOA budgets. If you’re a member of an HOA board or community manager, this is an annual conversation. You’re likely asking questions such as: How do our reserves look? What’s the next landscaping or remodeling project we’re working on as a community? Do we need to raise HOA fees?

While those are all valid, essential questions, there may be other things you’re not considering. At California Builder Services, we’ve collected and worked on thousands of HOA budgets for associations across the state of California, from Lake Tahoe to San Diego and every region in between. Truthfully, we’re surprised by some of what we see when we audit an HOA budget.

Look, we get it. There are things you really want to do for your community. But, you need to ask yourself—was it really worth it? If it was coming out of your direct bank account, would you splurge on that item?

With that in mind, we’re building a checklist of five items you need to review at your next board meeting, followed by a recommendation to either STOP…or START paying for them.

Stay up to date.

Sign up our newsletter for latest article and news.
calculator photo

How to Create an HOA Budget That Passes California DRE Review

If you’re a developer, attorney, or consultant preparing a subdivision for sale in California, chances are you’ll need to prepare a Department of Real Estate (DRE) budget as part of the Final Public Report (FPR) application. This guide will walk you through what the California DRE expects in a compliant HOA budget, the common pitfalls to avoid, and how to streamline the approval process.

Read More »

Addressing Housing Challenges Affecting Aging Baby Boomers

As the “Silver Tsunami” sweeps across California and the nation, communities are grappling with a pressing challenge: ensuring that aging baby boomers have access to affordable and suitable housing. By 2030, all baby boomers will be aged 65 or older, creating an unprecedented demand for senior-friendly housing options sooner than later. Yet, for many, the dream of aging in place is slipping out of reach due to financial constraints and an inadequate supply of affordable housing.

Read More »
Schedule a Call
Discuss your project or needs with someone from the California Builder Services team.