Remote HOA management — you have probably heard of the service from a friend or fellow board member. But, what is remote HOA management anyway? And is it really something your community can benefit from? What Is Remote HOA Management? Remote HOA management is a new model for community management offered by numerous companies.…
The management of a homeowners association involves several parts, the most confusing of which is financial management. HOA boards with no experience in preparing financial statements and filing taxes often look to professionals for help. Here is why a CPA for an HOA is essential and how to find the right one. In this…
Processing invoices can be a sore spot for many homeowners associations. It takes a lot of time and effort to organize and prepare them. If you fall find yourself in the same boat, then it is time to consider automated HOA invoice processing. What Is Automated HOA Invoice Processing? To put it simply, invoice…
It’s not easy to deal with delinquent homeowners association dues. While every board hopes that residents in their community will pay their HOA fees on time, you cannot always guarantee it. In extreme situations, the board may need to call on a debt collection agency for HOA delinquency cases. HOA collection services can be very…
Self-managing your own HOA finances is a fairly difficult undertaking. Successful HOA finance management requires a certain level of expertise and experience. For that, look to HOA financial management services. Why Hire HOA Financial Management Services? It can be tempting for HOA board members to try and handle all aspects of association management themselves.…
Hiring a professional HOA management company is an important decision. There are many factors to consider such as monthly costs and the board’s available time. Some self managed associations can run efficiently through their board members while others need a manager to take over daily operations. Which option is the best for your community? If…