ArchiveSeptember 2016

September 2016 Condo Association News Roundup

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Short-term rentals are the focus of the September 2016 Condo Association News.  A government commission in California is throwing grenades by demanding beachfront Home Owner’s Associations in the region allow short terms.  This demonstrates at least one government’s interest in directly dictating policy in this space.  Finally, the Washington Post covers the issue of more and more...

Digital Outreach and Collaboration in a Condo Association

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The year is 2016.  The world is full of incredible technology – small drones that can deliver burritos or crash into Condos, smart devices which allow us to send selfies to the entire world, and self-driving and electric cars.  With such incredible technological capabilities, it is crazy that many Condo Associations and HOAs are still stuck using paper or only email to communicate with...

How to Start a Condo Association Committee

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Next to the Board of Directors, Condo Association Committees have a significant impact on an Association.  They are extremely valuable for both the Board and Owners.  For the Board, they serve as a mechanism to pursue important, but lower priority projects.  For Owners, they are a way to directly contribute to the Association without the pressure and stress of being on the Board.  Committees are...

Late Fees and Delinquency in a Condo Association

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One constant challenge in Condo Associations is the issue of delinquency and debt collection.  Homeowner’s Association or Condo Association fees, also called “general assessments,” are the financial lifeblood of your Association.  While you may have alternate revenue streams, general assessments make up the bulk of your cash flow in.  Without money, you can’t invest in...

Creating Condo Association Policies for Short-Term Rentals

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Short-term rentals, powered by technology companies like Airbnb and VRBO, are shaking up the Condo Association industry.  Their easy to use platform is making it such that Owners can easily – and often illegally – rent out their property to short-term vacationers for big dollars, despite most Association Bylaws prohibiting short-term rentals.  This is causing havoc in a number of...

Understanding Short-Term Rentals in a Condo Association

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Short-term rentals – typically fueled by companies like Airbnb or VRBO – have been a hot topic among Condo Associations for the past few years.  This is a complicated issue because you have multiple forces battling each other, with different interest groups coming down on different sides.  As a result, it makes dealing with short-term rentals in a Condo Association a real headache for...

Overreaction in a Condo Association

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One of my favorite sayings about Condo Associations is “the emotions are so high because the stakes are so low.”  Now that’s not to say that serious things can’t happen.  Sometimes you’re dealing with major projects or special assessments that have huge impacts on your Owners’ quality of life and personal finances.  On the other hand, sometimes you’re dealing...

Being an Effective Investment Owner in a Condo Association

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Being an Owner in a Condo Association doesn’t necessarily mean you actually live in the property you own.  While Owners who live in a Condo Association are more likely to feel the impacts of that Association, Investment Owners also should be engaged.  After all, at the end of the day, your property is an investment – don’t neglect it.  Here are some tips to be an effective Investment Owner...

Fighting Apathy #9: Be a Better Condo Association Owner in Minutes

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One of the biggest mental hurdles for changing your behavior is where to start.  You want to be a better Owner, but it’s hard to break the habit of apathy.  You don’t have to go from an un-involved Owner to the head of the finance committee in one day.  The key is small, incremental time commitments to build the habit of involvement and break the habit of apathy.  I am a big fan of James...

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