I volunteered for the Marine Corps right out of high school. I served for two and a half years until a training injury led to my medical discharge. While that was not the way I intended for my military career to end, I picked up many valuable leadership skills in my time serving and still carry them with me today. In addition, these skills have helped me successfully run my business.
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As the world population continues to grow, the demand for land will only increase. By subdividing land into multiple usable lots, the possibility of reaping additional profits is highly likely. This has led many people to ask the question, “How do I subdivide land?”
Our success with the project in this case study was so significant that the home building company extended our methodology to another project, and we’ve been working together for many years.
As a homeowner, board member, developer, or community manager, you bear a significant responsibility of ensuring that your community is always in top-notch condition, well-maintained, and prepared for any unexpected situations. One of your primary duties is managing your community’s reserve fund, which serves as a financial buffer to cover any unforeseen expenses or significant repairs.
There are fewer insurance companies willing to write policies for HOAs due to perceived risk. In the events that have taken place in 2022, such as floods and fires, there is a massive deficit in insurance for HOAs. Community association insurance plays a significant role in budgeting for HOAs. Insurance premiums are a necessary expense that HOAs must include in their budget to ensure that the community is protected.
