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Entries by The Management Trust

Breaking Down the Pros and Cons of Lowering HOA Fees

One of the pain points for homeowners when searching for the right Tacoma, WA, HOA is annual fees. Most homeowners want the ideal scenario of low HOA fees with high standards and services, but this is almost never the attainable reality. The truth is that there are pros and cons to low HOA fees, so […]

Important HOA Financial Management Tips for Funding HOA Reserve Components

Aurora, CO, HOAs are responsible for managing the day-to-day operations and long-term financial health of their community. This includes maintaining and improving the common areas and amenities for the benefit of all residents. To do this, community associations must carefully budget and allocate funds for various important expenses, including reserve components. If you’re an HOA […]

Breaking Down the Differences Between HOA Boards and HOA Management Firms

With the goal of maintaining the overall appearance and value of their community, Tacoma, WA HOAs are responsible for enforcing rules and regulations, managing finances, and maintaining common areas. To achieve this, community associations typically rely on two key entities: the HOA board and an HOA management firm. While both entities have a common goal, […]

How Does On-Call Community Management Help Your HOA?

Aurora, CO community associations experience calls and emails at all hours of the day and night. From simple inquiries to flat-out emergencies, there are hundreds of communications to field, 24/7.  As a board member with a full-time job and family, this can quickly become overwhelming. However, fielding these emergency calls is essential for effective community […]

Key Metrics for Evaluating the Performance of HOA Management Firms

If you’re a member of a Tacoma, WA, HOA board, you’re likely familiar with the extensive list of duties and responsibilities that HOAs have to undertake to care for their communities. From creating and enforcing day-to-day rules to maintaining shared amenities, there’s a lot that goes into managing an HOA of any size. If your […]

Transparency in HOA Financial Reporting: Why It Matters

Aurora, CO, HOAs are responsible for managing the financial resources of all the members of a community, and as such, they must exercise a high degree of responsibility and accountability to ensure that resources are managed properly and efficiently. Understandably, many homeowners want to know that their money is being handled in a responsible manner, […]

A Beginner’s Guide to Community Association Management

If you’re a member of a Tacoma, WA, HOA board, you’re likely familiar with the extensive list of duties and responsibilities that HOAs have to undertake to care for their communities. From creating and enforcing day-to-day rules to maintaining shared amenities, a lot goes into managing an HOA of any size. If your HOA board […]

How To Ensure Your HOA Is ADA Compliant

Signed into law in 1990, the Americans with Disabilities Act (ADA) requires that fair access be granted to all individuals with disabilities to ensure that they can access all public services, facilities, and amenities. As part of the ADA, reasonable accommodations must be made to allow those with disabilities to access various areas of public […]

Why Is Data Security an Important Part of HOA Management?

Data security is an increasingly important issue for HOAs in Aurora, CO, and throughout the country, as it can significantly impact the effectiveness of the organization and the privacy of its members. However, it’s a relatively new area of concern with a lot of unanswered questions and confusion surrounding how much responsibility HOAs have in […]