Productive meetings are essential for the successful operation of homeowner associations. Board members rely on them as an opportunity to share important information, gather consensus from the community and for several other functions. Unfortunately, many HOAs struggle to hold effective and productive meetings

Most homeowner’s associations in Denver face the often difficult task of deciding between self-management and hiring a professional Denver HOA management company. The choice, unfortunately, isn’t always an easy one. Both options have their positives and negatives, but many associations have found that working with a professional management company is worth the investment

Monitoring water consumption is a valuable practice for homeowner associations. There are several ways to keep track of how much water the properties in the association are using, but many HOAs are turning to monitoring the usage of each residential unit individually

From high-level financial management to day-to-day administrative tasks, an HOA management company provides homeowner’s associations with a range of services that vary greatly in complexity. Because there is so much variance in available services, prices often vary drastically

Entering the rental business is an excellent revenue earning opportunity, but many first-time landlords discover that the job is more complicated than they realize. Being a landlord requires a lot more than collecting rent checks and signing contracts

Delivering bad news to community members and tenants is one of the downsides of owning property or managing an association. Whether fees or dues are increasing, the pool or another community amenity needs to be closed for maintenance or you’re implementing a new policy, sharing bad news is never fun

Owners of older rental properties face the never-ending challenge of competing with new construction. Older units are often more difficult to lease because they’re less appealing to potential tenants. This is especially challenging in markets like Denver where many potential renters are young professionals who are looking for modern features and high-end amenities

As a landlord, you can eliminate a lot of future headaches by properly screening your tenants. Because empty units don’t generate revenue, property owners often rush the screening process to fill vacancies as quickly as possible

If you want to generate more income for your rental property, you may need to put in some work. New units enter the market daily, and potential renters have a lot of room to be selective when choosing where to live. If they compare your property to a similar one that’s less expensive, they’ll be looking for what makes yours worth the extra money

If you want to reduce your carbon footprint and decrease waste-related expenses while beautifying your property, implementing a recycling program is an excellent idea. To stir up interest and ensure that your tenants stick with the program, though, you may need to get creative

In many areas, condominiums make up a significant portion of the housing market. Whether it’s a highrise building, garden apartments or any other type of community, condominium development provides an excellent investment opportunity. However, there are several that you need to keep in mind prior to deciding to invest

No one wants to expect the worst, but no one is immune to disaster. A comprehensive disaster plan is crucial for condominium associations when it comes to ensuring the safety of community members. While this is by no means an exhaustive list, here is some helpful advice on how to prepare your condominium association for disaster