Financial Planning

Financial Planning How HOAs Can Allocate Assessments

Our bylaws give us the right to charge fines for violations but do not state whether we can apply monthly assessments against fines. Is there an argument for or against this practice?

By Matthew Earle

Financial Planning How to Recession-Proof Your HOA from a Maintenance Perspective

As the U.S. economy gets hit by COVID-19, managers need to use preventative maintenance measures to avoid future issues.

By Alissa Thompson

SPONSOR CONTENT Tips for Selling Your Community Association Management Company

Selling a business can be an emotional roller coaster so it’s important to be prepared. Finding the right buyer with experience, integrity, and capital is vital to clients and the buyer for a smooth transition.

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Financial Planning Is Publishing Your HOAs Debtors List a Bad Idea?

It is generally a horrible idea to publish a list of delinquent owners for others to see, even if the governing documents make it permissible.

By Edward Hoffman

Financial Planning How to Successfully Enter into Contracts with Vendors

It is imperative that the board not only choose the right vendor for the job but also make sure they enter into contracts that are beneficial to the association.

By Cynthia Jones

Financial Planning How Many Bids Should Your HOA Get for Contract Work?

Some boards believe they need three bids for every contract, no matter how small or how undefined the scope of the work is. That’s not always the right thing to do.

By Ronald Fenstermaker

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