Homeowners Association
HOA Year-End Checklist (+ Free Guide & Webinar)
Why HOA year-end feels different For most HOA treasurers, year-end and the annual meeting arrive together. In the same few weeks, you’re closing the books, presenting next year’s budget, setting assessments, and possibly handing everything to a newly elected treasurer. Homeowners are paying close attention, too. It’s their money, and many of them will read…
Self-Managed HOA Accounting Software: What to Look For
Running a homeowners association (HOA) without a management company has its benefits, including lower costs, more control, and stronger community connections. But going this route also means board members have to handle day-to-day association operations on their own. For an HOA treasurer, that often includes collecting dues, paying bills, tracking expenses, managing reserve funds, and…
A Treasurer’s Guide to HOA Contact Management
Number-crunching is an important part of an HOA treasurer’s job, but it’s not the only part. HOA treasurers also handle financial communications, like sending dues statements, coordinating contractor payments, and processing homeowner reimbursements. A contact management system makes this part of the job a lot easier. When we talk about “contacts,” we’re referring to all…
How to Run an HOA without a Management Company
Does your HOA need a professional management company to function smoothly? Not necessarily. Many communities successfully manage themselves, saving thousands of dollars in the process. It does take some planning and organization, but benefits like lower costs and stronger community connections may make it worth doing. Here’s how to make self-management work for your HOA.…
10 Ways for Your HOA Board to Kickstart the New Fiscal Year
Most Homeowners Associations operate on the fiscal year starting January 1st. So, welcome to a new year in the adventures of shaping your community’s future. The decisions you make in the these early days of the year will carve a path to a successful and well-managed year ahead. Steer your HOA toward a year filled…
Getting Started as a Homeowner’s Association Treasurer
Becoming a Homeowner’s Association Treasurer is an important and rewarding role in your community. The homeowners in your community rely on effective financial management to ensure common areas and amenities are managed and maintained. Additionally, you and your board will establish and enforce community rules in line with the CC&Rs to preserve property values and…
How to Write an HOA Violation Letter (with Examples)
From sidewalks to swimming pools, Homeowners Associations (HOAs) exist to help keep your community a nice place to live. They are there to maintain common areas, keep the landscaping nice, manage property improvements and provide amenities. In order to do all of this in a fair and orderly manner, there are rules that homeowners need…
Navigating HOA Dues Increases
Following is a transcript of this episode of the Two Minute Treasurer’s Tip Podcast from MoneyMinder, with audio/video below. Welcome to the Two Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel, and we’re talking HOA reserves today. Ed writes: I feel my HOA needs to conduct a reserve study, but homeowners are concerned thatif we…
Homeowners Associations: What’s the Difference Between Bylaws vs. CC&Rs vs. Rules & Regulations
New research shows that 73.9 million Americans live in a community with a Community Association, showing tremendous growth over time (Foundation for Community Association). Call it a Homeowners Association (HOA), Condominium Owners Association (COA), or Property Owners Association (POA), the function is the same: they are a legal entity formed for the maintenance of common…
Suggestions for Enforcing HOA Rules
Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel with MoneyMinder where we’re hoping to make your life as a volunteer way easier. Dani writes: We have some homeowners that are out of compliance with our CC&Rs. What’s the best…