Budgets/Assessments/Fees

Is Your Association Ready for a Recession?

With inflation on the rise and economists forecasting a potential recession in the near future, it’s easy to start worrying…

2 years ago

Ask a real estate pro: What’s the best plan to pay off $10,000 special assessment?

Q: Our community is levying a significant special assessment of $10,000 to be paid over 10 years. They tell us…

2 years ago

Set Assessments at Appropriate Levels Because A Special Assessment May Not be Available to Save the Day!

Nobody likes to pay taxes, or in the community association world, high assessments. However, Boards need to make sure that…

2 years ago

Impact of Inflation on Community Associations

Inflation is here and no apparent relief in our near future. According to the most recent data from the United…

2 years ago

7 Common Questions HOA Board Members Ask About Budgets (CA)

Many HOA board members get into trouble due to not understanding the operating fund and reserve fund in a homeowners…

2 years ago

A Guide to HOA Budget, Accounting, and Finance

Understanding how to interpret your HOA management company’s financials are an important part of your role in an HOA. The…

2 years ago

Inflation: How It Impacts Your HOA

Whether at the grocery store or on the news, you’ve likely heard and felt the impact of this year’s inflation.…

2 years ago

Hawaii Condo Fees Are Among Nation’s Highest. And They’re Squeezing The Middle Class

Many of Hawaii’s high costs of living are painfully obvious, including the nation’s highest electricity rates, median single-family home prices…

2 years ago

Budgeting 101

I’m a budget nerd, and I freely admit it. Putting together an HOA budget and seeing each month how accurately…

2 years ago