Accounting has a less than impressive reputation. However, it is critical for the smooth functioning of a wide range of both for-profit and non-profit organizations. Homeowners associations are no exception to this rule. As for why this is the case, the answer is that...
There are 73 million Americans living in communities with homeowners associations today. That isn’t a coincidence. There are many benefits of being in a homeowners association. Furthermore, a homeowners association allows residents of a neighborhood to join...
For the most part, homeowners association boards try to enforce the rules as uniformly as possible. They want to avoid any accusation of being unfair or treating some residents differently. But there is a time when the board must consider breaking the rules – when...
Most of the time, Homeowners’ Association rules are pretty straight forward. Certain architectural restrictions are understood, fees are due a certain day, etc. However, there are a few times rules that affect issues that can be very sensitive for the community....
Every state regulates elements of how HOAs operate, and in California. Those regulations include which public documents need to be created annually by the HOA board. There are very detailed and specific requirements and should become familiar with the ins and outs of...
Real Estate Budgeting When flipping houses or just real estate investment, developing a budget is key to your success as an investor. Budgeting helps you understand the amount of money that will come in each month as well as out. Budgeting allows you to prepare for...
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