Happy Mothers Day to all of you moms reading this!
Life is all about learning, and it's important to never lose that thirst for knowledge, especially when it comes to bettering your community association. Learn the right way to select a contractor, find out if your HOA really knows what it's doing, and see how your community can be better managed with the right software. All this and more in this week's CAM Mash-Up!
As an educated member of the Community Association Management industry, you already know how crucial it is to stay informed and up-to-date on the latest news, trends and happenings within the industry. Each week, we bring together our favorite reads of the week and share them with you! Enjoy the CAM Mash Up and please share it too!
Is Your HOA Insurance Up to Date?
"Individuals have all kinds of insurance: health, homeowners or renters, car, life, disability, the list goes on. All of these policies are put in place to provide protection and help offset costs in the event of an emergency. The HOA should have the same type of protections. That means having adequate insurance coverage to handle whatever comes along – and keeping it up to date."
Which Contractor is Right For You?
"Choosing the right contractor for your association project helps the job remain on time – and on budget. So, how DO you choose the best contractor for your project?" When selecting the right contractor, online reviews aren't always the most reliable - unless you're looking for the right things. Before hiring, make sure to consult this brief guide.
Choosing The Right Software For You
"Shopping for new software can get confusing fast. A lot of property management software companies will try to convince you that managing HOAs is similar enough to rental management that you can use the same software. (and they'll spend plenty of advertising dollars to convince you!)
While it is true that you CAN manage community associations in a rental software, it's nowhere near the same." Here's how to figure out which software is right for you.
Learning From Other's Mistakes
Volunteer work is never the easiest, but when your HOA board depends on volunteers it can be hard for them to draw the line between their own wants and the needs of the neighborhood. Most of the time, the management team can intervene with their knowledge, though it may not always be in the way the board hopes. This and other mistakes boards could be making as well as ways to fix it can be found in this article.
Bills Don't Always Change The Right Things
"The California Legislature continues to try to “fix” California common interest developments, yet elected representatives still do not understand the dynamic of volunteer run communities or what they need. Senate Bill 1265 is the latest example." Considering HOAs as small governments might be the largest mistake this bill is making.
Do You Have Big News This Week?
If you've got big news that would be relevant to other CAM professionals, please share it with us in the comments below!