Management

 

Condo Amenities and Luxury Condo Living Trends for 2020

Pools and Gyms Are Standard Conveniences When It Comes to Condo Living To differentiate your condo lifestyle from those of competing communities, you need to think about the interests and preferences of residents. Nest Hello Doorbells and Learning Thermostats are common in single-family homes throughout the U.S., and the 40 percent of American homeowners who […]

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The Ultimate Condo and HOA Property Management Checklist

The Ultimate Condo and HOA Property Management Checklist

Running an HOA or Condo Association Is a Lot of Work If you’re new to the Board of Directors or require a refresh on the essential elements of running a community, this is the property management checklist for you. Governing Documents Every association requires Governing Documents. It’s a set of rules that govern the condo […]

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How to Manage an HOA: 3 Professionals Self-Managed Associations Need to Work With

When it comes to how to manage an HOA, you’ll need to work with more than the homeowners and committee and board members. Your self-managed HOA will require some professional assistance, too. Once you’ve decided whether or not to self-manage or hire a property management company (PMC), consider these factors before running out to enlist […]

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Avoid These 7 Pitfalls Faced by Self-Managed HOAs

There are a lot of ways a community association can handle social and legal affairs, including the option of self-managing the community. Before your community chooses to self-govern (either as a newly developed community or by stepping back from a management company), consider these common pitfalls of HOA or condo association self-management. 1. Reluctance to […]

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How To Run A Homeowner's Association

How To Run A Homeowner’s Association [Free eBook]

Everything You Need to Know About Self-Managing Your Condo or HOA Many condos and homeowners’ associations are or have considered becoming self-managed HOAs, also referred to as self-governing HOAs. Regardless of what you call it, a community association governed by its residents can represent monetary savings, more freedom to make decisions, or both when properly […]

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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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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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