In his 1971 book Future Shock, author Alvin Toffler describes a society undergoing enormous structural change as a result of technological advancements—and the social stress and disorientation that came with that change. A half-century late…
While nobody will deny the importance of formal education and training, talk to enough professionals across the property management industry, and you’re likely to hear that while school was definitely useful, the experience gained on the jo…
The topic of insurance can provoke fear in the most steadfast of board members. It’s both terrifying in what its purpose implies, and yet at the same time mind-numbingly boring. It’s also one of the most important components in protecting o…
Cash flow is the lifeblood of any multifamily residential community, be it a rental building, co-op, condo, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…
Boards, managers, and residents, take note - Tuesday, June 13 is International Community Association Managers Day! Established in 2022, the day recognizes the 55,000+ community association managers in the U.S. and the many thousands more wo…
As has been widely reported lately, Fannie Mae, which is under the conservatorship of the Federal Housing Finance Agency (FHFA) has developed a secret blacklist of condominiums, HOAs and co-ops that are ineligible for “conventional financin…
As the old saying goes, you only get one chance to make a first impression—which is why the façade of your building should always look clean and in top shape, for both aesthetic and commercial reasons. Important as appearances are, however,…
It’s little surprise to many that the residents of luxury apartment buildings spend less time in their apartments than their less well-off neighbors. Second and even third homes are the reality for many wealthy shareholders and unit owners—…
As the old saying goes, you only get one chance to make a first impression—which is why the façade of your building should always look clean and in top shape, for both aesthetic and commercial reasons. Important as appearances are, however,…
Conflict comes hand-in-hand with living in close quarters—and condominium and cooperative living is a prime example. Most dust-ups between neighbors involve run-of-the-mill issues like noise or hallway clutter, and can be settled with a cor…