Category: Finance

Finance Coin with arrows concept for funds transfer
Don't Bet on Flip Taxes

As 2023 draws to a close, the New York metro’s co-op and condominium communities are feeling the consequences of a long, slow, persistent market decline brought on by the pandemic, rising interest rates, and inflation. That decline has mean…

Read More
Finance Project cost estimation, calculate budget or resources to finish work, financial plan, invoice or tax, expense or loan concept, businesswoman with calculator estimate cost from project document.
Understanding Your Monthly Financial Information

Congratulations! You’ve just been elected to the board of directors, and given your first monthly financial packet. Like many new board members, your first thought is, “This is so confusing. Glad I’m not the treasurer - I don’t have to unde…

Read More
Finance Financial Administration and Audit Concept. Consulting for Company Performance, Analysis, Statistics and Business Statement. Auditing Poster Banner Flyer Brochure. Cartoon Flat Vector Illustration
2023 Summer When It’s Time for an Audit

When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere between annoyance and terror. Usually that’s because being audited means that something has been found a…

Read More
Finance Rubber stamp with the text past due over an invoice document. 3D illustration. Concept of unpaid debt recovery.
2023 Summer The Collections Process

Cash flow is the lifeblood of any multifamily residential community, be it a rental building, co-op, condo, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…

Read More
Finance Washington DC, USA - July 3, 2017: Federal Trade Commission and Housing Finance Agency seals in downtown with closeup of sign and logo
Is Your Condo on Fannie Mae’s Blacklist?

As has been widely reported lately, Fannie Mae, which is under the conservatorship of the Federal Housing Finance Agency (FHFA) has developed a secret blacklist of condominiums, HOAs and co-ops that are ineligible for “conventional financin…

Read More
Finance Image illustration of cost cut
2023 Expo Cost-Cutting for Multifamily Communities

With inflation and supply chain disruptions dominating much of the news these days, multifamily boards and managers are feeling the squeeze, whether in the form of rising prices for necessary supplies, or lack of those supplies altogether, …

Read More
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…

Read More
1 2 3 14 Next