Many boards are looking for better ways to communicate with owners. Email newsletters, websites, text alerts, and social media can all be effective tools for keeping residents informed. When discussing social media, however, it is important to distinguish between an official association account and an owner-created page or group. This article addresses official association social media accounts, whether on Facebook, Instagram, Threads, Nextdoor, LinkedIn, or other platforms. In most cases, a community association has little or no control over independent social media groups created by owners, even if many residents participate in them. More Communication Is Usually Better As a … Continue reading
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Keeping Your Community Association Solvent in A High Inflation Economy
If you are like me, you are becoming acutely aware of rising costs in our current economic environment. While inflation appears to be cooling off a bit, it certainly is not coming down at the rate necessary for most Americans to see much of a difference. In a post COVID world, we have seen prices of food, goods, and labor soar. And while we are all hopeful for some relief from rising costs in the near future, we must prepare as best we can to live and operate in a high inflation economy. Homeowners and condominium associations are certainly not … Continue reading