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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
The Importance of a Reserve Study for Your Homeowners Association
You’ve undoubtedly heard the term “Reserve Study.” These words are uttered sometimes during board meetings if you reside in a community with a Homeowners Association
What You Need to Know About Real Estate Public Reports
There’s a lot of paperwork involved in real estate. And one important document buyers should be aware of is the public report. The public report
Homeowner’s Association’s Budgeting Best Practices
Managing a homeowner’s association (HOA) funds can be quite difficult. Failing to do this properly can lead to serious repercussions. Indeed, a budgetary shortfall can