Budgeting is vital to the success of your homeowners' association (HOA) and can prevent your community from facing financial troubles. Here are some tips to ensure that your community association is proactive, prepared, and adequately plans for the future.

To be a genuinely successful HOA, you can't simply focus all your efforts on attracting new homeowners. Your board must also work hard to keep new and existing members. All methods from last week's post apply, but here are a few additional tips for retaining homeowners.

2021 is coming to a close, and a new year means it's time to make resolutions. For homeowners associations, it means doing things better in the new year. Here are some of the best HOA New Year's resolutions that boards can make to improve their community!

Homeowners living in HOA Communities face a variety of requirements, regulations, and rules by choosing to live in these private communities. One of the requirements for members is the payment of HOA fees. We want to give members the necessary information concerning HOA fees and the many issues that arise when homeowners fail to pay.

The board's job is to make decisions. HOA association management companies work on the association's behalf. Management companies have no decision-making power over the HOA. However, they do act at the board's behest. The management's job is to carry them out.

Benefits of using best practices include improved quality and performance, better planning and evaluation methods, innovative approaches to operations and management, and increased organizational accountability.