by Advanced Management Inc. | Dec 18, 2021 | Condo Management
Most HOA board members know that the association has a reserve fund, and they may even know why it’s there, but that doesn’t mean they know how to manage it properly. Here’s what every HOA board needs to understand when it comes to their reserve fund. What is the...
by Advanced Management Inc. | Nov 11, 2021 | Condo Management
One of the key tasks of an HOA board is to handle the community’s money. It comes in via dues, but the board has to decide how best to spend it for the good of the entire community. However, sometimes board members don’t know how to best spend the money they are...
by Advanced Management Inc. | Nov 8, 2021 | Condo Management
If you’re on a HOA board, you will eventually need to help your association set up contracts for services. These might be ongoing services, like snow removal or trash pickup, or they might be one-time services, like sprinkler installation or pool repair. No matter...
by Advanced Management Inc. | Nov 5, 2021 | Condo Management
Most HOA boards work with committees of homeowners to achieve certain goals. There might be a social or an events committee, a landscape committee, a social media committee, and more. Every HOA can tailor their committees to work for them, so they are maximally...
by Advanced Management Inc. | Nov 1, 2021 | Condo Management
All sorts of issues can come up when you live in an HOA. If you’re on the board, you have to figure out how to deal with these in ways that will help people live well without hampering too much of their independence. Here are just a few of the issues that people we...
by Advanced Management Inc. | Oct 12, 2021 | Condo Management
Did you know that trust is one of the most important commodities that an HOA board deals in? It’s true. When people trust the HOA board, they will be more likely to follow the rules, respond positively when they don’t follow a rule, bring up conflict in a healthy way,...
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