HOA Self-Management
Top 10 Things to Avoid in HOA Financial Management
Key Takeaways HOA Finances 101: Avoid These 10 Common Mistakes With some forethought and purposefulness, serving on your homeowners association board can be a positive experience, but the job does come with some definite fiduciary duties. Automating most of the tasks of HOA finances means more useful and accurate records, more convenient transactions and communications,…
Read MoreSelf Management vs. Property Management Company: What’s Best for Your HOA?
Hiring a property manager to oversee an HOA may be a viable option for neighborhoods whose size and subsequent management needs appear too great for individual residents to handle. But hiring a PMC is never a guaranteed fix. For those boards that prefer a more hands-on approach, HOA software can help make the transition to…
Read MoreHOA Self Management Software Can Help Share Common Spaces
The biggest selling points for most HOAs are the community spaces. You can enjoy the amenities of a pool, clubhouse, basketball and pickleball courts, playgrounds, ponds, parks, and gardens without having to bear the brunt of the cost when they require maintenance. But it all only works if every homeowner pays their share in HOA…
Read MoreThe Pros and Cons of a Self Managed HOA
If you are operating or considering switching to a self managed HOA, you’re far from alone. A recent Community Associations Institute (CAI) found that 30% to 40% of community associations are self managed. Depending on the size and complexity of your neighborhood or condo community, self management can serve as a very realistic option, potentially…
Read MoreNext Generation Homeowners: Life in an HOA
Millennials now represent the largest group of homebuyers in the country. The Gen Z crowd is also getting in on the action and starting new chapters as first-time property owners. As this fresh generation of homeowners grows, so does the prevalence of homeowner associations. More and more communities are managed by HOAs, providing residents with…
Read MoreProtecting Your Neighborhood from Pests: Who Pays for Vermin and Wildlife Removal?
Communities trust HOA Management with the upkeep of their neighborhoods, including maintaining common areas, shared amenities, and landscaping, enforcing CC&Rs, settling disputes with residents, and making important financial decisions. Depending on the size and complexity of a neighborhood, resident volunteers are often capable of managing HOAs without the need to outsource to third-party management companies.…
Read MoreHOA Management Made Easy with PayHOA
Many homeowners associations are comparing the costs and benefits of property management companies and self-management. Some HOAs find hiring a reliable third-party property management company (PMC) is the best approach for them for handling accounts payable and accounts receivable, vendor contracts, and “prickly” tasks like violation reviews and enforcement. On the other hand, the cost…
Read MoreMust-Have Resources For Your Self Managed HOA
Explore essential resources and software solutions for your self-managed HOA to improve communication, streamline tasks, and prevent errors.
Read MoreSpooktacular Halloween: HOA Self Management Software Keeps Your Community on the Right Side of the Rules
Boo! It’s the most wonderful time of the year. With Halloween right around the corner, everyone’s excited about the spooky season, but it’s also essential to keep homeowner association (HOA) rules in mind. We’ve all seen some wild and wacky Halloween decorations, but did you know that some of them might land you in a…
Read MoreHow to Encourage Member Use of Your HOA App
The success of an HOA app is linked to its effective utilization by residents so the greater the adoption the better the results.
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