Poor bookkeeping habits, missing financial reports, and a lack of organization will sink your HOA’s budget faster than an unexpected bill. You cannot put together a budget that serves your community without a good budget process. When carefully planned and accurate, your HOA budget will improve the lives of everyone in the community. Your budget […]
What is your process for planning the annual budget at your HOA? If you serve on the board, you’re likely involved in the budgeting details. If you’re a board treasurer, you may find yourself leading the process. As an HOA management company, we work with California HOAs and community associations to put together budgets that
Keeping your HOA financially stable is important for a number of reasons. It’s necessary for your community to be healthy and reputable. Without solid financials, you’ll have a hard time convincing people to buy in the community. This is one of the best reasons to hire an HOA management company. You’ll leverage accounting systems, software,
Why should your community association work with an HOA management company? There are dozens of excellent reasons to work with professionals and many ways your HOA can benefit from partnering with an experienced management team. Today, we’re focusing on how an HOA management company can deliver value not only to your board of directors but
Strategies for saving money are always welcome, especially today when everything is more expensive than we’d like it to be. If you know that your California HOA or condo association needs the support and resources of a professional management company but you’re not sure how to budget for it, we have an idea for you.
HOA board members are busier than ever. As a leader in your community, you have responsibilities outside of your volunteer board position. You have your own full-time jobs, family responsibilities, and other demands on your time. Hiring a property management company to work with your HOA is a good idea. When you work with a
HOAs are often run by volunteer board members who have more to do than they can possibly get done. They need support dealing with homeowners and the day-to-day activities of their communities. At Hill & Co., we serve as a management company to California HOAs who need our extensive expertise or have trouble managing all
You may have noticed that everything is more expensive than it was even a year ago. Inflation has caused prices to rise and it’s hard not to feel the squeeze. Whether we’re talking about gas, groceries, services, or little luxuries – we’re all paying more. What does this mean for your HOA? As you and