As an HOA or condo association board, it’s your primary responsibility to put the community’s best interest first. From financial health to safety, the board must always act with this in mind. Social media risk management falls under that... (Read More)
Delegation is an important and useful tool when you're on an HOA board. However, it's important to read through your governing documents and familiarize yourself with the laws that affect HOAs. You need to make sure you know what you are permitted... (Read More)
We know that communication can often be one of the top challenges for HOA boards. Thankfully, there are a number of ways to improve communication in an HOA, not just between the board members but also the whole community.
There are various things... (Read More)
Are you aware of biases on your HOA board? Some issues can arise on an HOA board or within a community when members develop biases regarding residents.
This bias can go either way. You may find an HOA member form a positive bias about someone... (Read More)
On paper, a tenant-landlord relationship is mutually beneficial. The tenant needs a commercial space to rent for their business and the landlord needs an occupant. The tenant can then use the space to make an income, and the landlord can also make... (Read More)
Advertising is one way to get people in the door. But, once they're in, what will they see? Will they see outdated paint and carpet or new aesthetics? What will your customer's first impressions be? Everything from the paint to the furniture to the... (Read More)
All HOAs have a set of rules and regulations. These governing documents are designed to help keep property values up and the community as a whole living well with one another.
Even if your rules are clear and easy to follow, at one point or... (Read More)
Are you looking to increase occupancy in your commercial building? To attract and retain tenants, it's important to make some improvements to the property.
Make maintenance a priority
Maintenance needs should be handled with immediacy. If... (Read More)
Investing in commercial property can certainly have its financial benefits. Typically, this type of investment has the potential for higher earnings than residential real estate. But, there are a lot of fees that are also attached to owning any real... (Read More)