property management
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…
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…
What Your HOA Can and Cannot Regulate
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 easier. Justin asks: What kinds of things can our HOA regulate? To figure out what kinds of things…
How to Settle HOA Disagreements
When you purchase a property that is managed by a Homeowners Association (HOA) or Property Owners Association (POA), you should make sure you understand the rules. Go through the Covenants, Conditions and Restrictions (CC&Rs). Whew, that’s a lot of acronyms! Maybe the CC&Rs don’t seem like a big deal at the time you purchase your…
7 Ways to Handle HOA Accounts Receivable
Why did you join your HOA Board? Maybe you wanted your voice to be heard on the approved paint color schemes. Or you felt you could lend your handyman/handywoman experience to the new mailbox project. The fact is, most people join their HOA Board to help foster the betterment of their community, not to enforce…
The Basic Principals of a Homeowners Association
Many new homeowners find that the home purchasing process is a challenge. When you combine that with the addition of a Homeowners Association (or HOA) the process can seem downright overwhelming. Though not necessarily a secret, the world of HOA’s is largely unknown to those who aren’t involved in one. At its simplest, an…
HOA Board Minutes
The HOA Board Minutes: What are they? What should be included? HOA Board minutes can be invaluable. Oftentimes it is done by a voted-in Secretary, and since Board terms are generally a year (sometimes more) there is a certain amount of turnover in the position of the minute takers. Anyone reviewing the minutes should have…
How to Handle Conflict if You’re on the HOA Board
Conflicts are not uncommon for any HOA. Since the recession, finance issues with developers, foreclosures and other unfortunate deals have left many HOA’s having a tough time getting their functionality on track. It is understandable that owning a home is a huge investment and when owners of a similar asset come together with different ideas…
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