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6 Budgeting Best Practices for HOAs – A Financial Guide
You’ve just joined your first homeowners association (HOA), or maybe you’re thinking about it. In either case, you’re probably wondering what an HOA is and
The 4 Steps of the Eviction Process in California
To evict a tenant in California, landlords must follow a specific process that can take anywhere from two weeks to four months. The time frame
Should You Update Your Reserve Study?: What You Should Know
The weather has a big influence on how often an Association has to repair and replace things around the community. Things like snow, rain, and
Understanding the Types of Real Estate Public Reports
Most Americans’ most significant investments during their careers are real estate purchases. According to ICLG, while offering new properties for sale, subdividers must adhere to
Why You Need a Land Development Consultant
As a land owner who needs help with the development of your land, you should seriously consider getting the help of a land development consultant.
Why Reserve Funds Matter and How They Can Save Your House
Whenever the term “reserve funds” is brought up, the first thing that comes to most people’s minds is extra money saved for a rainy day.
5 Common Budgeting Mistakes HOAs Make and How To Avoid Them
Budgeting is one of the most important aspects of running a successful HOA (Homeowners’ Association). Unfortunately, it’s also one of the most difficult. There are
What Are the Different Residential Subdivision Types?
A lot or parcel of land is split into two or more lots, sites, or other divisions of property, known as a residential subdivision, to
What to Know When Building a Responsible HOA Management Budget
Building a responsible HOA management budget is crucial to the long-term success of any homeowners association. By being mindful of both income and expenses, the
Ways to Write a Concise and Accurate Committee Report
A committee report is a document that contains the findings and recommendations of a committee. It is usually the result of an investigation or inquiry
HOA Budget Planning: Practices Board Members Should Know
One of the essential duties of the HOA Board is to approve an annual operating budget that will cover the costs of running the community.
Some Things to Keep In Mind When Thinking about HOA Security
When it comes to security, there’s no one-size-fits-all solution. In our personal lives, we have all sorts of security solutions we use, from our password
How Does an HOA Reserve Study Help You Reserve Funds
An HOA reserve study is an essential tool that can help you plan for the future expenses of your HOA. By understanding the current condition
6 Vital Tips to Help You Properly Budget for Your HOA
As a homeowner, you know that budgeting is important to help keep your finances in order. But did you know that budgeting is also important
Everything You Need to Know About Subdivision Public Reports
Selling property can be rather tedious as there are a slew of different preparations that you need to make. Before selling any units in a
Community Association’s Budget: What Should Be Included?
As a community association, it is essential to have a clear and concise budget for different projects. It’s a roadmap that outlines how the association
HOA Reserve Funds and Studies—What You Need to Know
We’ve all been told to “save for a rainy day,” but what does it really mean? Well, when it comes to homeowner associations, saving for
How to Prepare Your HOA Comunity Budget
Each year businesses hold meetings to talk about their annual budget. In those meetings, they discuss the previous year and plan for the upcoming one.
What Is a Reserve Study: Everything You Need to Know?
Building your reserves to a larger number will help to protect against the effects of inflation. Reserves and reserve interest are both affected by inflation.
Reasons Why You Should Be Transparent with Your HOA Budget
Many communities have their own “homeowners association” or HOA wherein they conduct activities for the betterment of everyone in the community. While it is not