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Pitching to the Board: A Sales Presentation for Management Companies

Note: This article has been updated since it’s original publication. Pitching to the Board Getting the meeting is step one. Whether you reached out to them, or the community came to you looking for new management, you’ve managed to score a meeting to make your presentation to the board. Now it’s time to prepare your […]

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Everything you need to know about balancing monthly HOA financials [Free Checklist]

Note: This article has been updated since it’s original publication. Any discussion on accounting for condo associations and HOAs often starts with the end result – monthly financial reports. There’s all kinds of information for board members to help them understand the reports, but how can you head off questions at the pass by making […]

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Accounting

Before Legal Action: How to collect past due assessments [Free Sample Collection Letters]

Note: This article has been updated since it’s original publication. Homeowner Collections is an unsavory topic. It’s no fun to be ‘THAT guy’ who is going after down-on-their-luck neighbors and demanding money. Of course, in a homeowners association, you always have the nuclear option for collections—the home lien—but that should really be a last resort. […]

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Management

3 Things Every CAM Manager Should Know About HOA Resales [Free Estoppel Letter Template]

Note: This article has been updated since it’s original publication. An important aspect of any professional CAM manager’s job is dealing with home resales that occur in the community. Unlike the realtors, brokers and other real estate professionals who are looking out for the interests of the seller or the buyer in a sale, the […]

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How To Prepare Your HOA For A Hurricane with Cloud-Based Software for Disaster Continuation

Late summer and early fall are the most active months of the year when it comes to hurricanes. Does your HOA (Homeowners Association) have a hurricane plan in place? Are the financial information, contracts, and other important data stored using cloud-based software for disaster continuation? Hurricane season lasts for six months, from June 1 until […]

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3 Things Every CAM Manager Should Know About HOA Resales [Free Estoppel Letter Template]

3 Things Every CAM Manager Should Know About HOA Resales [Free Estoppel Letter Template]

Note: This article has been updated since it’s original publication. An important aspect of any professional CAM manager’s job is dealing with home resales that occur in the community. Unlike the realtors, brokers and other real estate professionals who are looking out for the interests of the seller or the buyer in a sale, the […]

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Before Legal Action: How to collect past due assessments [Free Sample Collection Letters]

Note: This article has been updated since it’s original publication. Homeowner Collections is an unsavory topic. It’s no fun to be ‘THAT guy’ who is going after down-on-their-luck neighbors and demanding money. Of course, in a homeowners association, you always have the nuclear option for collections—the home lien—but that should really be a last resort. […]

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Young African entrepreneur with a vision for success

So You’re Thinking of Starting a Property Management Company

Note: This article has been updated since it’s original publication. This article, penned by TOPS founder Jeff Hardy, is an insightful look into not only what it takes to start your own management company, but also to understand the benefits a management company brings to your community should you choose the PMC route instead of […]

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Year-End Checklist for CAM Accountants

Year-End Checklist for CAM Accountants

Note: This article has been updated since it’s original publication. It’s the new year. The holidays are over and if you’re a CAM Accounting professional, now is when the real work begins. That’s because the new year also marks the beginning of a much more stressful time in community association accounting – Year End. If […]

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worker avoiding selective enforcement

Avoid the Dreaded ‘Selective Enforcement’ Label

This blog post has been updated from a previous version. Enforcing a community’s CC&Rs (Covenants, Conditions and Restrictions) is a heavy burden on the community association manager’s shoulders. A large part of the CAM’s job is to enforce the rules set forth in the community’s documents in a fair and reasonable manner. One of the […]

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Businessman presenting a new strategy to his colleagues

Pitching to the Board: A Sales Presentation for Management Companies

Note: This article has been updated since it’s original publication. Pitching to the Board Getting the meeting is step one. Whether you reached out to them, or the community came to you looking for new management, you’ve managed to score a meeting to make your presentation to the board. Now it’s time to prepare your […]

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negotiating a resale contract

Here’s Looking at Resales, Kid. (Understanding HOA & Condo Resale Disclosures)

Note: This article has been updated since it’s original publication. The Home Buyer’s Friend “Of all the gin joints in all the towns in all the world, she walks into mine.” Getting a resale certificate request can make a community association manager feel like Rick from the classic movie Casablanca. While it’s good to see […]

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Regulating Florida's Condo Associations

There’s Something Rotten at the DBPR: Regulating Florida’s Condo Associations

Note: This article has been updated since it’s original publication. Regulating Florida’s Condo Associations They say truth is stranger than fiction, and that is never more true than in the CAM industry. We’ve seen, smelled and cleaned it all up, and lived to tell the tale. This week, we take a look behind the curtain […]

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managing debt in a community association

Dealing with Bad Debt in Community Associations

Note: This article has been updated since it’s original publication. Dealing with Bad Debt Occasionally, homeowners can’t or simply don’t pay. When that happens, you do have options, but even with a lien, there is likely to be some amount owed that you aren’t able to recover. Leaving bad debt on your books for too […]

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