Preventive Maintenance Plans and Routine Inspections
In property management, integrity and functionality of assets is the most important aspect. The regular check-ups and a properly made preventive maintenance plan are a pillar when it comes to making sure that all the facilities run well and efficiently. This paper explores the importance of preventive maintenance, the best methods of performing regular inspections, […]
Reserve Fund Planning and Replacement Schedules
Let’s face it: one of the most challenging aspects of managing a community association is ensuring you have adequate funds when major repairs and replacements become necessary. Without proper reserve fund planning, boards find themselves facing difficult decisions between special assessments, deferred maintenance, or emergency loans—none of which create peace of mind for homeowners. Understanding […]
Board Meeting Facilitation and Support for Condo Boards
Successful board meetings support is the key to condo associations and HOA boards making sound decisions to uphold harmony in the community. This guide offers suggestions to the board members and managers of the condominiums on the best practices of conducting a productive and well-organized meeting and adhering to the governing documents and financial reporting. […]
Seasonal Preventative Maintenance for HOA
One broken pipe can cost a condo association thousands or more to fix in an emergency. A small problem with the roof can lead to a six-figure special assessment. The Community Associations Institute says that deferred maintenance is still one of the biggest financial risks for HOAs across the country. In Boston, where the weather […]
HOA Late Fees and Penalties Explained: Understanding Your Condo Late Payment Policy
If you stop paying HOA dues, the consequences escalate in predictable stages. First come late fees and interest; next, the HOA board may restrict privileges and enforce rules; and if unpaid dues continue, the association can pursue legal action — including placing a lien on your unit, adding attorney fees, and ultimately filing a lawsuit. […]
Effective Strategies for HOA Fee Collection
Effective Strategies for HOA Fee Collection If even 5% of owners stopped paying fees, what do you think its impact would be for cash flow? Could the association continue meeting its reserve, maintenance, and insurance commitments without disruption? Not paying HOA fees isn’t an issue that can be easily noticed until the budget becomes tight. […]
Importance of Reserve Studies for HOAs
Following years of underfunded reserves, condominium communities in the Boston area have been compelled to take emergency action, according to headlines. In certain instances, structural issues led to the abrupt closure of aged parking garages. In other cases, groups gave owners minimal notice before announcing six-figure roof or façade repair projects. The trend was consistent […]
Annual Budgeting Guide for Condo Associations
In Boston, a condo building can appear financially stable—until a major repair exposes a gap in planning. A heating system replacement comes in higher than expected. Insurance premiums rise in every renewal. Reserve balances may look solid enough on paper, but turns out not enough to absorb real costs. That is when owners begin asking […]
Top FAQs for Condo Association Management
A lot of Boston condo communities have been through this kind of stress before. A unit owner has doubts about a notice for a special assessment. A member of the board wants to know if the reserves are really enough. One person points out a maintenance problem and wants an answer right away, while another […]
Benefits of Professional HOA Management for Your Community
In many Boston condominium buildings, the turning point arrives quietly. A reserve study reveals a funding gap just as a major roof repair is quoted. Routine reviews often surface compliance issues the board didn’t realize were time-sensitive. Vendor delays stretch from weeks into months, and before long, unit owners begin asking harder questions about oversight […]
