Latest Blog Posts for Neda Firouz - HOA Management

• Committees - Consider Ad Hoc Committees
  on Jul 1, 2011 in Neda Firouz Community Association Management Budgets HOA Management http://nedafirouz.blogspot.com Common Interest Developments hoa organizers Committees Board of Directors
  Many Community Managers and Board of Directors have a lot of tasks. Meanwhile, there are a number of things that are pressing but tedious and require a significant amount of time to accomplish. When you have homeowners who want to be involved, a grea...
• Adding Bad Debt and Contingency Line Items to Budgets
  on Apr 25, 2011 in Neda Firouz Association Management Budgets HOA Management http://nedafirouz.blogspot.com hoa organizers Board of Directors
  With the high delinquency rates in Associations, many Associations are not able to effectively collect dues from homeowners that are not paying. Several years ago, Homeowners Associations had better abilities to collect using the non-judicial collect...
• HOA Restrictions on Signs
  on Mar 30, 2011 in Neda Firouz Community Association Management Signs HOA Management Displaying flags Common Interest Developments hoa organizers Board of Directors Displaying signs Civil Code 1353.6
  I was recently at a Community Association Institute seminar for California, when the subject of resident rights to post signs, flags and banners was discussed. Surprisingly, most of the managers in the room were unaware of the resident rights to disp...
• Protecting Assets
  on Mar 13, 2011 in Homeowners Associations Assets Neda Firouz Association Management Budgets HOA Deferred Maintenance Neda hoa organizers Reserve Expenses
  We all have assets that we have invested in and cherish. That may be your home, your car, or even an ipod. Just like we all have our own assets, businesses have assets as well. A Homeowners Association is, in fact, a business. Those that are incorpor...
• Operating Expenses vs. Reserve Expenses vs. Capital Improvements
  on Mar 4, 2011 in Neda Firouz Budgets HOA HOA Management http://nedafirouz.blogspot.com Common Interest Developments hoa organizers Community Management reserve study
  Many residents and even Board Members do not know the difference between operating expenses, reserve expenses and capital improvements. Once people grasp the difference between the three, many don't know when homeowner votes are required for funding...
• Budget Preparations - Start From Scratch or Not?
  on Mar 4, 2011 in Neda Firouz Association Management Budgets HOA HOA Management Neda http://nedafirouz.blogspot.com Common Interest Developments hoa organizers Board of Directors reserve study
  There are really two starting points in preparing your Association budgets. The first is to start from scratch and zero out all line items from the previous year. From there, contracts would be reviewed to determine the amounts to input in the line i...
• Delinquencies
  on Feb 22, 2011 in Delinquency Neda Firouz Budgets HOA HOA Management FHA Requirements hoa organizers Community Management FHA Approval
  Delinquencies are troubling Association budgets these days. When the real estate market was thriving, it was relatively easy to pursue collections on an owner that was not paying their HOA dues. Most had enough equity in their units, which permitted...
• Transparency - Open Session Information
  on Feb 18, 2011 in Neda Firouz Association Management HOA Management associations Neda http://nedafirouz.blogspot.com Board of Directors. hoa organizers
  Many Associations I manage are concerned about the content of what is discussed in open session versus executive session. The Board of Directors of communities are faced with homeowners who request more transparency and the ability to hear more of th...
• Neda Firouz - Dealing with Deferred Maintenance
  on Jan 22, 2010 in cutting costs Neda Firouz Association Management Budgets HOA HOA Management associations Deferred Maintenance Neda Firouz hoa organizers Community Management
  Many of the Associations I manage are currently faced with deferred maintenance issues. It's a difficult decision to make, as the economic climate attributes to avoiding special assessments to deal with capital improvements. What's important to con...
• Neda Firouz - Reserve Study Components
  on Sep 9, 2009 in Neda Firouz HOA HOA Management Neda Firouz hoa organizers reserve study
  When reviewing a reserve study, it is important to keep in mind that reserve studies are only required to list components that have a 30-year life expectancy or less. Therefore, you will not see items like the foundation or other components that have...

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