Property Management Transitions: Managing Staff Changes with Ease
Community associations inevitably encounter staff changes at some point. While having a fantastic manager is ideal, expecting them to remain indefinitely is unrealistic. Many talented property managers, eager to advance, often look for opportunities to grow within companies that encourage career progression. This ambition might lead to departures, as these individuals move onto higher positions. […]
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Property Management Careers: A Hidden Gem in Hospitality
For students approaching graduation or recent graduates contemplating their career paths, here's a handy checklist to guide your decision-making: Do you have a natural flair for hosting? Are you enthusiastic about making guests feel welcome? Do you thrive in dynamic environments where every day is different? Is the idea of a 9-to-5 desk job unappealing? […]
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The Cost of Property Management: How Much Do Property Managers Charge?
Navigating the costs and fees associated with property management is essential for both homeowners and residents involved in community associations. Whether part of a homeowners association (HOA), a condominium association, or a cooperative, understanding these expenses is vital for financial planning and budgeting. This guide explores the intricacies of community association management fees, tackling questions […]
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Property Management & Community Association Board Members: Six Ways Collaboration Pays Off
Community association leaders and board members often find that teamwork leads to impressive achievements. If you review past meeting minutes, you'll see ample proof of their efforts. Engage with a property manager, and you'll discover they are constantly juggling numerous tasks and responsibilities. When these two efficient groups collaborate effectively, the results are outstanding, as […]
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Promoting Fire Safety in Community Living
Fire prevention is a critical concern for any community living association. As a board member, it’s essential to prioritize the safety and well-being of all residents by educating them on potential fire hazards. Often, fire safety isn’t a primary concern for residents, even though home fires occur more frequently than many assume. Minor fires can […]
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Preventing Community Association Fraud: The Role of Your Property Management Company
Fraud can affect any community association, regardless of whether it's small or large or even has professional management. However, a reputable property management company can provide some protection through effective measures and safeguards. So, how can you assess if a management firm is taking those necessary precautions? What signs should you look for? *1. The […]
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Preventing Fraud in Community Associations: The Board's Crucial Role
Trust is fundamental for homeowners living in community associations, especially when it comes to financial management. Discovering that someone has misused funds can be deeply unsettling. Sadly, such incidents are more common than often realized: In a New York condo, over $300,000 was misappropriated by a former board president over three years. In Minnesota, a […]
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Power Outages and Blackouts – Managing Risks for Your Community
Experiencing a power outage is rarely enjoyable. However, it's an inevitable event that requires preparation for minimizing inconvenience and risk. Residents in different community settings, like high-rises or gated neighborhoods, face distinct challenges during blackouts. For community associations, power failures can present serious issues related to risk management, safety, and equipment damage, which can lead […]
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Electric Cars and Implementing Charging Stations in Your Community
The concept of electric vehicles (EVs) is no longer confined to futuristic imaginings. With an increasing number of plug-in electric vehicles (PEVs) on the road, there is a growing demand for conveniently placed charging stations. This issue is particularly relevant to homeowners associations (HOAs), community associations, and condo boards nationwide. Understanding electric vehicles […]
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Preparing Your HOA for Electric Cars and Charging Stations
In the last five years, nearly half a million vehicles in the U.S. have smoothly bypassed gas stations—not because they have endless fuel, but because they are part of a growing trend in plug-in electric vehicles (PEVs). Since December 2010, when the Nissan Leaf and Chevy Volt first hit the market, these energy-efficient vehicles have […]
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