This year, resolve to cut your costs and properly fund your reserves. Oftentimes delinquent dues and bad debt will create cash-flow problems for your cooperative corporation or condominium association. Collections and liens can be costly and hard to retrieve as well, and as board members and property managers, you are expected to consistently look for ways to cut expenses. Here are a few areas in which condo and co-op boards can gain more control, resulting in cost savings.   Read More……