Property managers of rental properties — whether they be for commercial or residential purposes — have a large number of responsibilities to handle every single day. Focusing on the well-being of tenants and business partners, keeping track of paperwork, and handling routine maintenance are just a few of the important daily tasks these managers have…
Read MoreYour HOA team includes individuals who dedicate their time to their community. While your HOA team is a dedicated group, they don’t always have the skill sets needed to provide the best service to their community. With a professional financial management service such as MyPropertyBilling, your community can receive the complete financial care they deserve.…
Read MoreThe Financial Committee is responsible for the management of the Association’s finances. They are required to set budgets, maintain records, prepare financial statements and reports, and perform other accounting functions. One of their most important duties is oversight of periodic audits. This blog post will provide a guide to understanding small community HOA financials. HOA…
Read MoreThe proof is in the pudding. So what proof do you have that your Homeowner Association (HOA) is recession proof? A good place to start would be reviewing your HOA’s financial stability and sustainability plan. It should include a detailed analysis of past, present, and future trends for both revenue and expenditures as well as…
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