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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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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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How Much Should I Charge For My Management Services?

How Much Should I Charge For My Management Services?

Note: This article has been updated since it’s original publication. Determining a pricing structure for your community association management services When you are trying to break into the community association management business, one of the things that can be a real roadblock to getting your new business off the ground is figuring out what to […]

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

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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Management-Companies-How-to-Guarantee-Pain-Free-Transitions

Property Management Companies: How to Guarantee Pain-Free Transitions

Note: This article has been updated since it’s original publication. Any Kind of Transition Is Hard Like a dad handing the keys to the car to his teenage son for the first time, property management transitions require a lot of preparation and trust. There are two kinds of property management transitions that a management company […]

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Female office staff team summarizes the budget for the annual executive presentation.They analyzed the data graph on the desk

8 Easy Steps to Prepare Budgets for your Community Association(s)

Note: This article has been updated since it’s original publication. Preparing Budgets As the end of summer starts to come into sight, believe it or not, the clock turns slowly towards fall and also to Budget Season. Yes, it’s time to think about putting community budgets together again. Late summer is actually a great time […]

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New Property Management Company Setup Checklist [3 OF 3]

Note: This article has been updated since it’s original publication. Activating Your Action Plan: You created your Action Plan to start a property management company, now you are ready to follow through and implement that plan. Here are the steps to follow to actually create your company and get ready to operate: Incorporate. To protect […]

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