PMI Shield Association Management Blog

The Importance of Having a Robust Reserve Fund for Your HOA

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Essentially, a reserve fund is the community’s savings account. It’s designed to protect the association from unplanned expenses and essential upgrades. But, how robust is yours? Not only is this fund critical to the financial management of a community, but it’s required by law in most states. We know better than most ...

The Right & Wrong Way to Respond to HOA Member Concerns

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When a homeowner has a concern, do you know how to properly respond? Or, are you simply doing what you think is best? If so, you might need to think again. That’s because, there are tonnes of regulations, laws, and protocols in place for how you should behave. Every HOA concern needs to be taken seriously. And, in our expe...

Inspiring Volunteers & Committee Participation in Your Utah County HOA

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One thing every HOA needs are volunteers. But, finding effective people to dedicate their time and energy can be difficult. You’ve probably already asked people for their help, sent letters, and followed up by email with no success. That’s why we’ve come up with the helpful tips below. We have years of experience w...

How Annual HOA Audits Can Help Identify Areas of Improvement

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If you’re asked the question, ‘how are your HOA’s finances?’, would you know the answer? If not, chances are, you haven’t been managing your HOA properly. This is because it’s your duty to be aware of the property and know the ins and out of it. Otherwise, you could find yourself in serious consequ...

4 Tips for Making Your HOA Meetings More Productive

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We’ve all been to meetings. Some are great. And some not-so-great. But, the less engaging one is, the less effective they are. That’s why, HOA meetings can’t be boring. Not only do they help organize, but they inform, plan, and celebrate work that’s done. Given our years of experience running successful meeti...

This Is How to Increase the Value of Your Community Property

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Increasing the value of your community property is important. Especially now. Business writer Jason Lee of Deseret News writes, “Now, an unforeseen historic event has created turmoil and resulted in the reexamination of the economic picture for the area…” What does this mean for property owners? It means you need to a...

How to Resolve HOA Concerns

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With more people working from home, there are bound to be problems. Especially in condominiums, apartments, townhomes, and subdivisions where tenants tend to live close. But, if tensions rise, some of these tenants can take out their frustration on the HOA. Enforcing the rules is never easy. This is why we’ve outlined some...

Are you an HOA Board Member? Here are some of the liabilities to watch for….

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                                    Serving on an HOA comes with BIG responsibilities. Serving on an HOA board is a great way to bring new ideas to your association while developing leadership skills. However, unlike most other volunteer ro...