RealManage Blog

A community association manager should be assisting your board of directors and association in virtually every aspect of its operation, whether you have an on-site manager, a portfolio manager or a part time manager. The degree to which an effective manager can [...]

Introduction to The Budget What is a Budget?   A budget is an annual financial plan for an organization - in this case, a community association.  A budget provides an estimate of a community’s revenue and expenses for a specified period of time.  [...]

Renting a property in a homeowners association (HOA) community can be a great opportunity, but it comes with unique rules and responsibilities for both landlords and tenants. Many renters are unaware of HOA regulations, leading to unexpected fines, lease restrictions, and compliance [...]

Nothing is quite as unsettling for a condo resident as discovering water leaking through the ceiling. For condominium associations and board members, plumbing issues like these are especially complex. With multiple owners sharing walls, ceilings, and plumbing infrastructure, finding and fixing the [...]

Your homeowners association has set up a board of directors that will help govern the HOA. Not every responsibility, however, must rest with every member. To work alongside and within your board of directors, you need a budget committee that will help [...]

When they are first written, the governing documents for a planned community address everything that is pertinent to the business of the community. As time goes on, however, the documents often fail to address new issues that impact the neighborhood. This is [...]

We have all seen it before: the Board President stands up at the annual meeting and announces that assessment rates for the HOA will go up by $10.00. People jump from their chairs to run screaming for the door while others curl [...]

Proactively planning your 2018 capital improvement projects is a key step in your 2018 HOA budget preparation process. First, be sure to carefully prioritize next year's projects so that the most critical are guaranteed to get done, while the "nice to haves" [...]

What are "Short Term Rentals"? Short-term rentals are homes that are rented out through companies such as Airbnb which alone is valued at about $24 billion. Other, smaller companies such as VRBO, Housetrip, and Roomorama play similar roles in providing homes to [...]