Category: Association Operations

Management Woman Asking Question At Neighborhood Meeting In Community Center
2022 Fall Continuing Education for Managers

While practical experience may be the best source of education for property managers, a little refresher in the classroom from time to time never hurts. Requirements for continuing property manager education vary from state to state, and ev…

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Maintenance Plumbing work theme. Hand with wrench tighten screw on pipe
2022 Fall Identifying & Dealing With Plumbing Issues

Indoor plumbing is a minor miracle: clean water on demand, at the temperature one chooses, right out of the tap. What would have been the height of luxury just a couple of generations ago is now considered a bare necessity. Miraculous as it…

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Management Business People Jigsaw Puzzle Collaboration Team Concept
2022 Fall The Self-Management Option

While many condominium associations and co-op corporations hire professional property managers or management firms to handle the routine (and not-so-routine) tasks involved in running a multifamily building or HOA, a significant number take…

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Finance Strengthening and building your savings
2022 Fall Financial, Physical, & Operational Health

In early 2020, our firm was hired to prepare a reserve study for an unremarkable 136-unit, 12-story condominium in south Florida. It was the kind of association you could drive right by without noticing, not much different from all the othe…

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Finance Future proof wealth management, inflation protection or protect from stock market crash, investment stock in market downturn concept, businessman investor holding shield to protect from red arrow bow.
2022 Fall Safeguarding Your Reserves

In our current environment of steeply rising costs, it’s more important than ever to safeguard your reserves to ensure that your association has sufficient funds available for immediate and future capital projects. Unfortunately, many assoc…

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Energy Conservation Inspector with checklist examines heating system poster. Cartoon man in uniform carefully inspections water heater in house vector illustration. Business card concept
Boiler Alternatives

As the planet continues to heat up, so does the business of countering climate change. A new product in this fight is the SmartWatt boiler system, designed to transform existing heating infrastructure into an energy platform.  It can satisf…

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Energy Conservation Carbon Neutral and ESG Concepts. Carbon Emission, Clean Energy. Globe Balancing between a Green leaf and CO2. Sustainable Resources, Big deal for Company and Indstry to Concern about Environmental
Carbon Studies

With the focus on climate change and how to fight it constantly sharpening, residential communities are seeking ways to reduce their contribution to the problem, commonly known as their carbon footprint. Carbon reduction is necessary both t…

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Maintenance cracked and bandaged piggy bank with one dollar bill inside it
Financial, Physical, & Operational Health

In early 2020, our firm was hired to prepare a reserve study for an unremarkable 136-unit, 12-story condominium in south Florida. It was the kind of association you could drive right by without noticing, not much different from all the othe…

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Finance The white seal and red imprint with text PAST DUE on white surface. 3D illustration
Collecting Delinquent Common Charges

A recent article on a real estate website posed a common question: What’s the best way for a condo board to collect unpaid common charges?  The author of the article - presumably an attorney - gave some pretty good advice…and some not so g…

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Insurance Insurance concept, Businessman holding red umbrella on falling rain with protect with icon business, health, financial, life, family, accident and logistics  insurance on city background
2022 Summer Insurance in the Multifamily Setting

Insurance coverage and the inevitable claims that coverage defends against are a fact of life for multifamily residential communities. In that setting, it’s critical for all parties to understand whose policy covers what, and under what cir…

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