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

  • Aug 5 2024
  • Length: 21 mins
  • Podcast

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

  • Summary

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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.

    Podcast Links:
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    Engage in the conversation!

    Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com

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    Shop!
    HOA insights now has its very own merch store! Our team has whipped up some hats, mugs, T-Shirts, & more that we think Volunteer HOA Boardmembers are gonna love. We also offer dozens of FREE zoom backgrounds. Available in our Boardmember Merch Store!

    Connect with Hosts on LinkedIn

    Julie Adamen
    https://www.linkedin.com/in/julieadamen/

    Kevin Davis, CIRMS
    https://www.linked...

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