HOA Fee Calculator: Setting A Fair Fee For Homeowners March 3, 2021 Bookmark and Share

Part of the HOA board’s job is to prepare the budget and calculate HOA fees for the coming year. Unfortunately, not everyone knows how to do this. You don’t need an HOA fee calculator — the process is easy if you know where to begin.   Computing HOA Fees: No HOA Fee Calculator Necessary For […]

Should Having Service Animals In An HOA Allowed? February 24, 2021 Bookmark and Share

Many homeowners associations have strict “no pets” policies. But emotional animals and service animals are not pets. They are animals that provide crucial assistance to homeowners with disabilities — and as such, are protected by federal laws. To ensure legal compliance, here’s what you need to know about the HOA and emotional support animals or […]

How to Be an Effective Community Manager February 23, 2021 Bookmark and Share

Managing people is no easy task. Whether you manage a small team of professionals or an entire organization, the following tips will help you break down barriers and foster great relationships. Establish trust. Your employees and clients look to you for guidance, so be consistent with your approach to communication and problem-solving. Set and manage expectations—for yourself and […]

Self Management vs Professional HOA Management February 19, 2021 Bookmark and Share

Every community association reaches a point where they need to decide whether to soldier on with self-management or to hire professional help. Such a decision can be difficult to make, especially when you don’t know the difference between self management vs professional HOA management. Learn the pros and cons of each option below.   In […]

How Can An HOA Reduce Delinquencies? February 17, 2021 Bookmark and Share

One of the hardest parts about running a homeowners association is collecting dues, especially when they become delinquent. How can your HOA reduce delinquencies? Let us count the ways.   Helping Your HOA Reduce Delinquencies Using These Methods Homeowners associations face unpaid dues and overdue balances all the time. But, when delinquent HOA dues start piling […]

Keeping The Neighborhood Safe For Aging Residents In An HOA Community February 15, 2021 Bookmark and Share

If your homeowners association has a lot of elderly residents in the neighborhood, it is worth taking that extra step to help ensure their safety. But, how exactly do you keep aging residents in HOA communities safe?   In this article: How to Keep Aging Residents in HOA Communities Safe 1. Stay in the Know 2. […]

What To Do When HOA Is Not Doing Their Job? February 12, 2021 Bookmark and Share

The HOA board has responsibilities to fulfill within the community. If your board is not doing its job, you, as homeowners, can take action. Here’s what to do when HOA is not doing their job.   Do You Know What to Do When HOA Is Not Doing Their Job? As a resident within a homeowners […]

Why Is An HOA Annual Audit Necessary? February 10, 2021 Bookmark and Share

An HOA audit is just about as important to an HOA as annual health checkups are to you. These audits ensure the financial health of the association. A complete audit of HOA books, however, can be a costly activity. What Is an HOA Audit? An audit is a complete study of the financial statements of […]

Self Managed HOA Pros And Cons: Do You Need Help? February 8, 2021 Bookmark and Share

Homeowners associations vary greatly, with some requiring more attention than others. Although many find the idea of self-management appealing, it is not always the right call. In fact, when you become a self-managed HOA, you open your community up to certain risks. In this article: Understanding Self Managed HOA Pros And Cons The Pros 1. […]

7 Wonderful Ideas To Have An Eco-Friendly HOA February 6, 2021 Bookmark and Share

Many homeowners associations are moving towards sustainable practices and eco-friendly solutions in their communities. If you want to be an environmentally conscious HOA, there are several ways to do so. For starters, here are seven wonderful ideas that will transform your community into an eco-friendly HOA. In this article: How to Become an Eco-Friendly HOA […]

Managing HOA Politics The Smart Way As A Board Member February 4, 2021 Bookmark and Share

Homeowners association politics can be a confusing subject. But, it is necessary to familiarize yourself with the different board member roles, the process of conflict resolution, how to make decisions wisely, and how to deal with resignations or removals. Whether you are considering running for a position on the board or already are a board […]

Everything You Need To Know About Condo Insurance February 2, 2021 Bookmark and Share

Unlike insurance for single-family homes — which is pretty much cut and dry — condominium homeowners insurance can be quite complicated. Why? Because as a condo owner, you need to think about insurance coverage for your unit as well as the insurance covered by your HOA. To provide clarity, here’s everything you need to know […]

Constructively Managing Conflict in HOAs January 28, 2021 Bookmark and Share

I’m convinced that if homeowners, board members and managers keep this tip in mind, it will give everyone involved a real chance at resolving conflict before things get out of hand.  Listen, Listen, Listen!  Something I see over and over in HOA conflict, is that the folks involved in the disputes are so wrapped up […]

9 Ways The HOA Make Extra Money January 26, 2021 Bookmark and Share

Income is paramount to the successful running of any organization, HOAs included. While the HOA primarily relies on dues or assessments for HOA revenue, it can turn to other modes of earning cash, too. So, how can the HOA make extra money? In this article: How Can Your HOA Make Extra Money? 1. Rent Out […]

Crunching Numbers: What Goes Into A Community Association’s Budget? January 21, 2021 Bookmark and Share

Budgets are crucial to a community association’s financial operation. Just like for-profit businesses, association boards should work diligently to develop annual budgets that estimate revenue and expenses for the upcoming fiscal year. A properly drafted budget can help prevent reduced services, deteriorating property, or special assessments. Many state statutes and most governing documents impose a […]

What Does It Mean To Be A Part Of An HOA Community? January 19, 2021 Bookmark and Share

Are you considering moving into a neighborhood run by a homeowners association? Before you make that all-too-critical decision, you must first learn what it means to live in an HOA community. In this article: Everything You Need to Know About an HOA Community What Is an HOA? What Are HOA Fees? What Are the Pros […]

How To Tell If You Have A Successful HOA Management Running The Community? January 14, 2021 Bookmark and Share

Many homeowners associations rely on the services of an HOA management company to function smoothly. Unfortunately, there are some communities that experience bad management. So, how can you know if you have a successful HOA management in your community? In this article: Identifiers of Successful HOA Management 1. Delivers on Promised Services 2. Stays Updated […]

Is Your Community Safe for Children? December 30, 2020 Bookmark and Share

With warm weather finally here, the number of children playing outside will increase dramatically in the coming weeks. This can cause a number of issues in condominium communities – ranging from noise complaints from residents, as well as an increased incident of accidents; everything from the usual cuts and scrapes to more serious issues that […]

4 Tips to Help You Build Your Own Property Management Company December 27, 2020 Bookmark and Share

Whether you’re a landlord with experience managing properties or you simply enjoy the real estate industry and are looking for a way to get involved, owning a property management company could prove to be a potentially lucrative opportunity. But like any financial venture, it requires a little bit of business acumen. 4 Tips for Building a Property […]

10 Facts You Should Know About Condo Associations December 23, 2020 Bookmark and Share

Over the past few years the popularity of condominiums has increased.  The units are generally more affordable than a town house or detached single family residence. Condominiums offer residents many of the advantages of community living with the advantages of home ownership. I wanted to share 10 facts you should know about condos and condo associations. […]

Why Should Homeowners Contribute to HOA Reserves? December 18, 2020 Bookmark and Share

Contribute to HOA reserves as a homeowner, and you’re setting up your community for long-term financial stability. That’s the short reason why members should help build up HOA reserve funds. Your reserve fund contribution not only helps your community thrive in good times. In times of disaster, your reserve contributions also help the HOA get […]

Everything You Need To Know About Condo Insurance December 11, 2020 Bookmark and Share

Unlike insurance for single-family homes — which is pretty much cut and dry — condominium homeowners insurance can be quite complicated. Why? Because as a condo owner, you need to think about insurance coverage for your unit as well as the insurance covered by your HOA. To provide clarity, here’s everything you need to know […]

10 Questions HOA Boards Should Ask Before the End of the Year December 6, 2020 Bookmark and Share

It’s important for an HOA board to work on ending the year well. It doesn’t matter if your homeowners association plans around the fiscal or calendar year, the questions below apply to both. It’s not too late to ask yourself some of these questions and make a resolution to do these things in the New […]

Dealing With HOA Noise Issues December 1, 2020 Bookmark and Share

A community association’s board has multiple duties—among them deciding when to make repairs, improvements, and additions, and establishing rules and regulations to control aesthetics and unwelcome behavior. Nine times out of ten, repair projects go off without a hitch, and rules are followed. Unfortunately however, those rules and reason sometimes collide, pitting neighbor against neighbor.  […]

Why is a Reserve Fund Study Important? November 25, 2020 Bookmark and Share

A reserve fund study is one of the most important documents condominium associations rely on to determine the amount of reserve fund contributions that are necessary to meet future repair and replacement expenses. To complete a reserve fund study, a NJ property management company will conduct a comprehensive on-site review of the community and its […]

Preparing A Safe Community For Elderly Homeowners November 18, 2020 Bookmark and Share

In past generations, those 65 and older would eventually leave their homes to move to retirement communities or assisted living facilities. Now, though, more and more homeowners are choosing to age in place. With this comes new challenges for homeowners associations in trying to create a safe and accommodating environment for their elderly homeowners. Here’s […]

What is a Quorum and Why is it Important to an HOA Board? November 11, 2020 Bookmark and Share

Many associations schedule their annual homeowners meeting in October and there will be talk of making a quorum, but what does that really mean? A quorum is the minimum number of owners who must be at a meeting before business can be transacted. Business can include routine matters like passing a new budget or a […]

HOA Management Issues Caused By Poor Communication In HOA November 4, 2020 Bookmark and Share

Proper communication is vital to the success of an HOA community. When HOA board members talk to each other, they’re able to work harmoniously and accomplish essential tasks. On the other hand, poor communication can lead to negative consequences such as misunderstandings and low productivity. Here are the top management issues caused by poor communication […]

What Makes a Great Property Manager? October 30, 2020 Bookmark and Share

Property managers are proud members of the customer service industry in New Jersey. Whether it’s speaking to a prospective resident, discussing market analysis with a home owner, or improving business relationships with a fellow mem property management NJ professional, having great customer service skills is a must. In the competitive marketplace especially in Hudson County it is […]

Condo-Owners’ Options with Noise Concerns October 21, 2020 Bookmark and Share

Condo owners are continually assaulted by sound — traffic, construction, the neighbor’s music, you name it. And noise is an especially sensitive issue within condominiums, where concerns about noisy neighbors can create disputes among residents. Unfortunately, noise is a highly subjective issue, and conflicts can become extremely difficult to resolve. The legal system may be the only remedy to […]