Management
Management
Be Ahead of the Curve with the Latest in PMC Trends Property management companies (PMCs) have a long-standing reputation honed by the ability to seamlessly manage a portfolio comprised of multiple homeowner’s associations (HOAs, COAs, etc.), each with unique needs and functions. But what makes a PMC stand out amongst the competition? Since 2020, PMC’s […]
READ MOREDo you ever feel that property management work never seems to end? Or do you wonder how property management automation might help with the continual stress? Truly, HOA management includes a constant stream of accounting tasks, requests and queries, violation tracking, documentation, and financial reports. And that’s only to name a few. Multiply that by […]
READ MORETaking charge of a community association budget requires a great deal of planning and preparation and detailed, accurate record keeping. While some community associations employ a property management accountant to handle their financial affairs, others share the responsibilities between their board members and volunteers. In either case, predicting and accounting for annual expenses is a […]
READ MORESince your HOA is a legally recognized entity, it makes sense that it can come up against legal disputes and lawsuits like any other organization. And because you and your fellow board members are also responsible for your community’s physical, human, and financial affairs, there’s often extra awareness around HOA liabilities and protections. Of course, […]
READ MOREAre you considering alternatives to Quickbooks? If you are a board member managing an HOA, there are certainly more tools at your disposal that you should contemplate. Sure, Quickbooks is great for bookkeeping and invoicing, but it is not the most efficient software for comprehensive HOA management. We don’t have to tell you that community […]
READ MOREAs part of a homeowners association (HOA), you know how important it is to have reliable, trustworthy, and dedicated board members overseeing your community association. HOA board members are elected from within the community, by the community, and the processes surrounding these elections differ from association to association. However, some general guidelines will help you […]
READ MOREAs a property manager, you know all too well that it comes with a lot to juggle — managing payments, tracking late fees and service requests, sending out notices, and organizing documentation. There’s no doubt that you know what you are doing. But are you doing it efficiently? You might be managing one property or […]
READ MOREProperty management comes with a lot to juggle. So, it simply makes sense to organize the workload with software dedicated to the task and which reduces the heavy lifting. Reporting, accounting, communications — these are just a few things that have to be managed on a day-to-day basis. But that’s where a software solution can […]
READ MOREThe key to any successful homeowners association is having a competent and dedicated board of directors. HOA board members are responsible for running their community and overseeing its legal and financial business. They are democratically elected by the HOA members and make decisions on their behalf. The exact workings of any HOA vary from association […]
READ MOREAs a Homeowners Association Board Member, you have many responsibilities and duties regarding your residential community, and one of the most important among them is accountancy. Though your HOA is not profit-driven, the association still handles revenue and incurs expenses like any other business organization. It is, therefore, essential that you feel informed about the […]
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