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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.
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.
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
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
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
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
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
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
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.
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.
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
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