This week in Community Association Management, accountants get some love... and tattoos?We also talk about what to say to homeowners who want to paint their house orange and other crazy things homeowners say, and a new use for drones - interesting! Learn how in this week's CAM Mashup.
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!
Smart Budget Cuts
“HOA Managers and Board Members are constantly struggling with increasing costs, which they have to pass on to HOA members. For this exercise, the reason why costs are increasing isn’t that relevant. The important point to remember when it comes to increases is that they usually increase, on average, at a rate greaterthan inflation. But — how about instead of just passing those increases on, we work on cutting costs? The difference can of course be put into the capital improvement account should the Board so choose.”
Aging in Place
This is a topic that is quite popular here in Florida, but I assume it is something that most of the country can relate to on some level. As our population ages, communities must consider how they are going to accommodate the needs of older residents to help them age comfortably in place.
CMA Commercial Kills it
Surprisingly hilarious! Kudos to CMA for creating an industry commercial that is funny and fresh. “The ad is going to run during late night programming like SNL, Fallon, Colbert, etc. Let's hope that it results in for a rash of CMA tattoos on hipster accountants. If you end up getting CMA ink, email us a photo. We're not putting it past some of you.”
“Why Can’t I Paint My House Orange?”
As a community management professional, you understand the value of belonging to a community association. Homeowners, however, are sometimes more aware of the rules and restrictions that community associations bring, rather than their benefits. So what are the benefits of HOAs? And how can you communicate these benefits to residents?” Let’s take a deeper look here.
Audits by Drone
I can think of many useful ways in which drones can be used, but this next article describes a use that would have never occurred to me. CPA firms are now permitted to utilize drones to “audit and inspect land, agriculture and facilities as a safer and more cost effective alternative to manual inspections.” Pretty smart!