Some HOAs still manually manage finances for their reserve fund. Tediously entering numbers into their excel sheets and trying to reconcile tens of thousands of dollars to produce an accurate reserve fund report. It’s a dated approach to a continually evolving financial HOA environment. Did you know in the USA, HOA reserves have totaled over […]

A reserve fund is like a nest-egg for associations. Every HOA needs ones for unexpected events and major expenses. The money invested in this fund comes from owners’ monthly fees, which are split between the operating budget and the reserve fund. The money put into the reserve fund accumulates over time so that when the […]

There is a saying that goes, “Rules are made to be broken.”  Sometimes this is true, especially when society and times are changing so fast.  Some rules that were appropriate from the past no longer apply. These changes can affect individuals and certainly HOA (Homeowner association) communities where many people live in a community and […]

HOA property management trends are constantly evolving due to influencing factors ranging from the housing market fluctuations to regulations to industry growth.   Since its origins in the 1950s, HOA property management has grown from primarily maintaining aesthetics and structural integrity in a shared community to its present operation of enforcing rules and regulations, collecting fees […]

Electric vehicle (EV) sales have been growing year over year because consumers are showing an interest in eco-friendly mobility. In fact, in 2022 EV sales broke records reaching sales over 918,000 light electric vehicle sales. With the increase in the number of EVs, the need for charging stations has also increased.   The pros of having […]

An HOA website acts as a secure platform for sharing and receiving essential information like announcements, forms, directories and more. 

Increasing community involvement in a Homeowners Association (HOA) leads to a vibrant community where people want to live. The HOA board, homeowners, volunteers, and managers all play pivotal roles in building a strong community. However, in today’s busy world, attending HOA meetings may not be a top priority for many. However, innovative ideas to boost […]

Homeowners Associations (HOAs) are held accountable not only by the wants and needs of its community members, but are also governed by statutes:  Additionally, HOAs have their own covenants, conditions, and restrictions (CC&Rs) they must abide by.  Because HOAs are responsible for so many things ranging from financial management to repairs and upkeep and beyond, […]

HOAs can ban short-term rentals, but they must be clear about what a short-term rental is, and why the ban has been implemented.

In theory, it is possible for an HOA to completely prohibit smoking. However, most associations will find it easier to implement limitations.

One of the greatest benefits of HOA software is that it makes life easier for owners as well as staff and management.

While many condos and HOAs aren’t required to provide payment plans, it’s better for the community to receive some money than nothing at all.

Condominiums are very safe. But there are things that both management and residents can do to further reduce threats to safety.

A status certificate helps a potential buyer identify any required expenses that could cost them additional money.

Which cities have the highest HOA fees? And which ones have the highest HOA ratings? Check out this article to get some cool HOA stats!