by Advanced Management Inc. | May 16, 2017 | HOA Board
The process of transitioning a homeowner’s association from self-management to a professional management company is often challenging and requires a acute attention to detail. From taking the time to find a property management team that’s a good fit for your...
by Advanced Management Inc. | May 1, 2017 | HOA Board
It’s a sad fact that homeowners associations and condominium associations often fall victim to theft, embezzlement and fraud. Because they generally have large sums of money on hand, have volunteers in charge of financing and have lax control over their assets, they...
by Advanced Management Inc. | Apr 26, 2017 | HOA Board
When even just a few homeowners fail to pay their HOA fees, it can have a huge – and instant – impact on an association’s budget. Unpaid fees may also lead to a ripple effect. When multiple homeowners fail to pay their fees, banks may become less likely to approve...
by Advanced Management Inc. | Mar 28, 2017 | HOA Board
Meetings serve an important purpose for homeowner associations. They’re vital for sharing information from board members, gaining consensus from members of the community and so much more. Unfortunately, ineffective meetings are a major problem for many HOAs. If you’re...
by Advanced Management Inc. | Jan 23, 2017 | HOA Board
In many ways, operating a homeowner’s or condominium association is similar to running a business. The board of directors is responsible for anticipating revenues and expenses and using this information to create a budget that will allow the HOA to operate in an...
by Advanced Management Inc. | Oct 24, 2016 | HOA Board
The vast majority of tenant problems in Florida condos or HOA communities can be eliminated by properly screening your tenants. Unfortunately, many landlords and property owners don’t give the tenant screening process the attention it deserves. Instead, the...
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