Archive for November 2020
How To Reduce Your HOA Operating Costs
Homeowners associations can be expensive to set up and operate. They become even more expensive when community managers hire property management companies to do the job. So the first thing HOAs can explore to keep costs low is to choose self-management. However, even self-managed HOAs can run into extensive man-hour requirements, budget problems, and high…
Read MoreWhen Should You Hire an HOA Management Company?
When creating a homeowner’s association, there are a lot of operational requirements you need to grapple with. One of the most important is whether you will allow community members to manage the HOA or take bids from HOA management companies. There are pros and cons to self-management for HOAs. However, most of the disadvantages are…
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