Posts by Natalie J
5 Fun and Easy Community Fundraisers for All Year-Round
Managing a homeowners association requires strong communication skills, a solid understanding of community management best practices, and the right technological resources. However, to foster a sense of community, your homeowners association also needs a bit of fun. Community fundraisers are an opportunity to bring your homeowners association’s members together to socialize and raise funds for…
Read MoreCan Software Replace Your HOA Management Company?
If you think you are paying your property management company too much and not getting enough in return, a self managed HOA may be the right option for you. While many think paying a third-party management company to run your HOA will leave your days worry-free, often the HOA finds itself doing just as much…
Read MoreMaking Your Self Managed HOA Appealing to Home Buyers
For self managed HOAs, the power to bring new home buyers into the community is in your hands. With a younger demographic of tech-savvy Millennials interested in buying homes in the suburbs, how you attract new homeowners is more important than ever. After all, this newer generation of buyers is doing their real estate research…
Read MoreFinancial Reporting with HOA Accounting Software
After your organization has set up its HOA accounting software and created a budget, the next step to a well-run, streamlined operation is to create financial reports. While a budget is a set of goals for your HOA, reports help your organization stay on track to meet those goals. Even if you don’t have an…
Read MoreHOA Self Management Software — More Versatile Than You Think
Homeowners associations (HOAs) are tasked with being community leaders. At times this means finding out-of-the-box solutions to management challenges. A well-run neighborhood demands flexibility. Because of this, an HOA board may be wary of all-or-nothing management tools. For self managed HOAs, there’s no third-party company to handle the workload or to hold responsible for mistakes.…
Read MoreBudgeting 101 for HOA Community Management
Effective budgeting is a critical part of HOA community management. An association’s budget balances the community’s savings and costs. Budgets also have to weigh immediate upkeep against planning for future projects, so that funds are allocated where they’ll do the most good. In other words, how an HOA spends its money has major impacts on…
Read MoreThe (More-Than) Accounting Software for Homeowners Associations
HOA accounting software should go beyond budgeting, invoicing, and bookkeeping. It should support your entire HOA operation.
Read MoreThe Top 5 Advantages of a Self Managed HOA
Self-managing an HOA can seem challenging at first, but most HOAs can reap multiple benefits by managing their own communities.
Read MoreHOA vs COA vs POA
When researching community association management groups, you likely came across HOA, POA and COA. Some people use the terms interchangeably, but they do have core differences. The primary variations depend on the type of property managed by each one and the powers given. Learning to distinguish one from the others can help you better determine…
Read MoreHow To Reduce Your HOA Operating Costs
Homeowners associations can be expensive to set up and operate. They become even more expensive when community managers hire property management companies to do the job. So the first thing HOAs can explore to keep costs low is to choose self-management. However, even self-managed HOAs can run into extensive man-hour requirements, budget problems, and high…
Read More