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How to Create a New Revenue Stream from Your Amenities
How to Create a New Revenue Stream from Your Amenities
Feb 01, 2017Savvy boards are always keeping an eye out for ways to maximize revenue. If you’re interested in ramping up your revenue streams, take a look around and imagine the possibilities. Read tips on how you can generate cash flow from your existing amenities. -
Four Communication Essentials of Good Community Management Companies
Jan 29, 2017The foundation of any good relationship is communication. And that also holds true for HOAs and community management companies, regardless of whether we’re talking about a townhome community, high-rise or a master-planned community. Here’s a list of things any good management company should be doing to ensure good communication with its community. -
Seven Tips to Make Sure Your High-Rise Is Properly Insured
Jan 29, 2017High-rise living is trending! Security, great amenities, convenient locations and concierge services are just a few reasons that people are more in love with vertical living than ever before. Of course, all of that comes with its challenges too, and one of those is insurance. If you are a high-rise property owner, resident or board member looking for the peace of mind that insurance is designed to provide, the best thing you can do is make sure you have the proper coverage. -
Ways Board Members Can Keep an Association Safer from Cyber Threats
Jan 26, 2017Technology has made life easier in many ways, and that includes the day-to-day management of your community association. With all of that technology comes some risks. Hackers make careers out of trying to access data for fun and profit. But there are things that you, the board, can do to help keep your community data safe. -
how to communicate effectively with your hoa
HOA Board Communication: How to Do It Right
Jan 25, 2017Board members, among all the other things they do, must ensure that residents are properly informed about happenings in the community, upcoming events, policy changes and more. Community residents rely on that information and it needs to be clear and consistent. Consider these guidelines as a roadmap to great communication that will keep everyone on the same path.
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learn more about implementing your budget
How to Implement Your Budget
Jan 23, 2017You’ve done all the homework. Crunched the numbers. Your reserve study is complete, your vendor agreements have been checked and your budget is done! Now what? There’s an entire process to creating the budget, followed by implementing it, and clear communication to homeowners, through every step of the process, is the best way to avoid problems. -
The Importance of Having a Partner to Manage and Activate Community Amenities
Jan 23, 2017Having a swimming pool, a fitness area, or a clubhouse for residents are perks that can make any community stand out. A good management company has people with many years of experience operating and maintaining these types of features, and they can offer many helpful ways for you to get the most for your community. Here are some ways your community can benefit from the experience of a community association management company, and make your job as a board member a little easier. -
Ten Building Security Tips
Ten Building Security Tips
Jan 19, 2017We are all concerned about safety. High Rise management companies and Board members, who have a responsibility to protect the common property, must pay particular attention to security at their properties. A secure condominium means a happier and safer community, and that is what is most important to owners and residents. -
Eight Guiding Principles for Policy and Compliance
Eight Guiding Principles for Policy and Compliance
Oct 25, 2016Good rules make good community members. The most important factors in association policy making are clarity and sensibility. The board must be clear – and clearly united – on the policy being crafted and then must communicate that policy to all residents. Whether the policy is about designated smoking areas, amenity usage, overnight guest parking or approved high-rise flooring, the guiding principles for creating good policy and successfully enforcing it are the same. -
Effectively Marketing Your High-Rise
Sep 12, 2016How many homes in your building are empty? Even a few is too many. Empty units can lower your curb appeal and lead to security issues; no one wants to live in a dark building. Empty units also reduce the feeling of community and engagement among your residents, so it is important to keep every unit occupied.How do you keep units consistently full? Whether your building stands in historic Rittenhouse Square or sought-after Society Hill, the solution is to put time and effort into marketing your building to attract new buyers. Not sure how to start? See below for some ideas to make marketing your building a piece of cake.