Volunteer Labor in your HOA: Worth the Risk?
HOA Board members face a lot of decisions when it comes to finances. Usually those decisions involve trying to figure out how to be as responsible as possible to keep the HOA budgets in good shape. Sometimes, Boards will have the idea to rely on volunteer labor from community members for cleanup or maintenance projects as a way to save some money in the budget. After all, it can seem like a great way to save some cash while building a sense of camaraderie in the neighborhood. Before you jump to approve this idea at your next Board meeting, there are a few more things you should consider. Read the article………
Running the day-to-day business of a condo development or an HOA of any size—be it a sprawling, multi-building community, or
There is always work to be done on a building, whether it’s a simple lobby repair or a major capital
The start of the year marks an ideal time for community associations to take a close and careful look at