The topic of insurance can provoke fear in the most steadfast of board members. It’s both terrifying in what its purpose implies, and yet at the same time mind-numbingly boring. It’s also one of the most important components in protecting o…
While nobody will deny the importance of formal education and training, talk to enough professionals across the property management industry, and you’re likely to hear that while school was definitely useful, the experience gained on the jo…
Cash flow is the lifeblood of any multifamily residential community, be it a rental building, condo, co-op, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…
It’s little surprise to many that the residents of luxury apartment buildings spend less time in their apartments than their less well-off neighbors. Second and even third homes are the reality for many wealthy shareholders and unit owners—…
Like people, buildings come in all shapes and sizes. They can range from single-story garden apartments to multi-story high-rise complexes larger than many small towns. What they have in common is some amount of community space, known as co…
Congratulations, you’ve bought a unit in a condo, co-op, or HOA! Now that you’ve got your deed or your shares certificate, it’s time to make all those alterations you’ve been dreaming of, adopt all those pets you’ve been helping down at the…
Boards, managers, and residents, take note - Tuesday, June 13 is International Community Association Managers Day! Established in 2022, the day recognizes the 55,000+ community association managers in the U.S. and the many thousands more wo…
Anyone watching the news lately knows that rechargeable lithium-ion batteries - the kind that power e-bikes and scooters, but also electric cars, laptop computers, cell phones, vape pens, and many other common devices - have become a real d…
Inflation has hit the insurance building insurance industry in a big way. And according to a recent survey conducted by the Foundation for Community Association Research (FCAR), skyrocketing premiums are putting serious financial pre…
The governing documents of a condominium, cooperative, or homeowners association spell out the rules, regulations, and administrative policies that all residents and board members alike are obligated to follow as a condition of their reside…