When you are part of an ASSOCIATION community, it’s critical for management and leadership to be able to communicate effectively with the entire membership. Good communication will foster positive, respectful relationships and increase the amount of trust and value that ASSOCIATION members place in their leadership and board. There are several ways to improve your communication strategies. Read more
Communities belonging to an HOA often benefit from property management help, and it can make a big difference in how efficiently and productively your HOA is managed. If your HOA has considered this solution, you should remember a few key facts. Read more
The type of tenant you put in your rental property will have a major impact on your success as an investor. If you take the time to do a thorough tenant screening, you’ll get a responsible tenant who has a record of paying rent on time and taking care of the homes they rent. If you ignore proper screening techniques, or you skip it entirely, you don’t really know who you’re getting. You’ll set yourself up for a lot of potential liability and the risk that you’ll have a tenant who doesn’t pay rent on time and doesn’t care about the property. Read more
Financial oversight and management are two of the most important duties of an ASSOCIATION board or property manager. To keep your community funds secure, you need to have consistent control practices and policies in place, and they need to be enforced. There are a few specific things you can do to ensure your funds are safe and managed well. Read more
Renting out your property is an excellent alternative to selling it, especially if you’re having a problem finding a buyer or the sales market won’t support the price you’d like to ask for the home. Most homeowners don’t think about renting out their home as an option, but it’s something you should consider. Read more
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