065 | HOA Board Heroes: How to Manage Your HOA Like a Business

HOA Insights: Common Sense for Common Areas

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Are you still thinking like a homeowner while you're on the board? Watch as we show you how to manage your HOA like a business!
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/
Your HOA is a community with real people, real finances, and real problems that need solutions. So what can you do as a board member to get ahead? It starts with changing your management mindset to fit a multi-million dollar business. Your are managing HUGE, EXPENSIVE assets. It's time to start treating your role as such and revamp your board. Learn the importance of full communication with all who are involved and affected by board decisions, assessments, and ignored deterioration. Take these tips with you to start managing your HOA like a business.
Chapters
00:00 Intro to How to Manage HOA Like a Business
02:52 Meet Kay & Her HOA
03:47 Why Be a Board Member
05:30 Best & Worst Parts of Being a Board Member
06:05 HOA Meeting Problems
07:07 California’s New HOA Water Use Law
08:17 Past Board Failures (Assessments & Reserves)
09:04 HOA Board Wins
11:35 Is Our HOA Funded Enough?
15:26 Restating 20yr Old Governing Documents
16:47 Communicate with Owners AND Tenants
18:21 The Best HOA Management Mindset

The views & opinions expressed in this program are those of the Hosts & Guests, intended to provide general education about the community association industry. The content is not intended to provide specific advice or recommendations for any individual or organization. Please seek advice from licensed professionals.

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Connect with Hosts on LinkedIn
Julie Adamen
https://www.linkedin.com/in/julieadamen/
Kevin Davis, CIRMS
https://www.linked...

Hoofdstukken

1. Intro to How to Manage HOA Like a Business (00:00:00)

2. Meet Kay & Her HOA (00:02:52)

3. Why Be a Board Member (00:03:47)

4. Best & Worst Parts of Being a Board Member (00:05:30)

5. HOA Meeting Problems (00:06:05)

6. California’s New HOA Water Use Law (00:07:07)

7. Past Board Failures (Assessments & Reserves) (00:08:17)

8. HOA Board Wins (00:09:04)

9. Is Our HOA Funded Enough? (00:11:35)

10. Restating 20yr Old Governing Documents (00:15:26)

11. Communicate with Owners AND Tenants (00:16:47)

12. The Best HOA Management Mindset (00:18:21)

13. Closing Thoughts (00:18:58)