Category: Association Operations

 Stores and other commercial businesses on the ground floor of a condo building  used to be a rarity but now they are becoming a hot new amenity, even a  standard for newer buildings. Restaurants, food markets, drugstores, clothing  stores…

 For a crystal-clear picture of how an association is doing, there are few better  lenses than the community's budgets and financial reports. From an investment  perspective, they show the shareholders, managers, tenants, owners, and board…

 In the tough economic environment we've been struggling through over the past  few years, many condo owners have faced job loss, pay cuts, or just financial  uncertainty. Unfortunately, the sign of the times sometimes leads to an owner  n…

Money is a topic people are often skittish about discussing—especially when the discussion involves rising fees, or having to pay more money for something. When you’re a board member or the property manager of a condo building or residen…

 With harsh winters and blistering hot summers, those living in Chicagoland’s condominium and townhome communities understand the importance of properly  working heating, ventilation, and air conditioning (HVAC) systems.    That’s w…

 Think about this: according to the United States Department of Labor, each year  nearly 2 million American workers report having been victims of workplace  violence. Fraud committed by employees cost American companies approximately  $20 …

For some Chicagoans, planning daily errands and activities can be as tricky as mountaineering. These folks live with disabilities, are elderly, or for whatever reason have had their mobility compromised—even temporarily. For them, getti…

 In an online forum, Sharon complains about her upstairs neighbor and begs for  advice. It seems that her neighbor had installed a washing machine in the unit,  even though there was one already downstairs for the residents of her six-unit…

By and large, a board and management company can expect payment from residents for monthly fees to be received on time and in full. These all-important funds keep day-to-day operations moving forward without delay. There are situations,…

You’ve got the perfect couple looking into buying a condo in your building. And they love everything about the unit. But here’s the catch—they also love everything about another building’s unit. They can’t decide which to buy. …