Archive for April 2025
Self Management for Condo Associations: 5 Secrets to a Happier Community
Key Takeaways: Perhaps you dreamed of condo life as a series of sunsets on the balcony, occasional dinners with close friends, and a comfortable suite that needs no care more than a grocery delivery when you return from extended travels. Perhaps noisy neighbors, maintenance issues, and constantly climbing fees, though, interrupted your reverie, and now…
Read MoreAccounting Basics for Condo Management
Serving on your condominium community’s board may be seen as more of a duty than a privilege, as such posts come with hard work, legal requirements, and high homeowner expectations. Condo accounting software and some basic knowledge can keep it from being a soul-grinding experience. Understand State Laws and Regulations Keeping within the laws is…
Read MoreSimplify COA Tax Preparation with Condo Management Software
Key Takeaways Condo Management Software for Tax Prep and Filing COAs (Condo Owners Associations) are essential for maintaining community, security, and amenities—the core benefits of condo living. Condo management handles landscaping, common area upkeep, fee collection, and resident communication, all while ensuring financial stability and compliance. Condo management software helps volunteer board members streamline these…
Read MoreBank Accounts, Funds, and Budget Items: What Does an HOA Need?
Key Takeaways: HOA Accounts and HOA Accounting If you’re involved in your homeowner association’s management, HOA accounting software can streamline your work. Certain types of accounts can further simplify your HOA bookkeeping. Every community’s goals, circumstances, challenges, and personalities are different, so not every account type is needed by every HOA. It may be more…
Read MoreHow Reddenwood Used Software to Transition to Self-Management
Summary When the Reddenwood Maintenance Corporation voted to replace their HOA Board two years ago, essentially every task and decision depended on a property management company. But with common mistakes and price hikes, the relationship with their management company was no longer serving the community. Eventually, the board chose to replace the contracted management company…
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