Having a rental property can be a great way to add some supplementary income to your pocketbook. When that rental property is in a community with an HOA, it offers a lot of advantages for both you and your tenants, like keeping property values high (which benefits you) but also keeping community areas nice (which […]
Your Neighbors in Your HOA Won’t Mind, Either One of the most obvious benefits of living in an HOA community is that it helps preserve property value in the neighborhood. Most HOAs enforce appearance guidelines through the HOA Management Company for homes and community areas, which means that in most scenarios, your neighborhood stays looking well-kept […]
7 Mistakes New HOA Board Members Should Avoid to Ensure a Long Honeymoon Period Congrats, you’re the newest HOA board member in your community! Chances are if you made the move to get elected to the board, there was a reason why you wanted to get involved in your community—whether there were specific changes you […]
Prepare before assuming the role as big brother Security cameras in your HOA can be a handy security tool, but if they’re not managed properly, they can end up being more of a headache (and a liability). Before your HOA installs them, make sure your board drafts a policy to dictate how the cameras will […]
Safe neighborhoods are desirable, a safe AND desirable community is what every HOA strives to accomplish and maintain. While everyone knows living in a safe community is important, it isn’t always as easy to know how to make and keep a community safe. No matter where your community is located, the following tips are guaranteed […]
You were just hit by a big storm, you know there is damage and are grateful everyone is safe; and that you have insurance. But, did you know that you as a homeowner are responsible to prevent additional damage and if you don’t mitigate then it could get very expensive? Failure to mitigate post-storm damages […]
Fiduciary duty Just try saying that five times fast. Not only is it a serious mouthful, it also carries serious legal obligations and potential consequences. As board members, your community has entrusted you with the “power” to make decisions on their behalf and in the best interest of the community. It is your obligation to […]
Most management companies claim to perform the “same tasks,” but the approach they take and whether or not they actually perform those functions are another question. Every day we get phone calls and emails from HOA board members who are frustrated with their current management companies. Often, they’ve been with one company for years, and […]
For many, the essence of winter is curling up next to the warmth of a crackling fireplace while enjoying the sights of the snow-dusted scenery outside. Unless of course you live in a Arizona or Texas, in which case it’s much less likely that your home will have a fireplace. If you do have a […]
Tips for Tackling Home Maintenance Every new homeowner goes through the excitement phase of getting the keys to their very own place and feeling like a true grown up. But then it happens: a pipe bursts. A toilet floods. Your water heater stops working. It’s in those moments where every homeowner realizes that having your […]