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Category: Management

Management Work life balance business and family choice career business working shoes and half sports casual shoes
2024 January Work/Life Balance for Managers

The data is in: striking a balance between our personal and professional lives is a key component of happiness and general wellbeing. But how does one do that when one’s job is potentially a 24/7 situation? Take multifamily residential man…

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Management BOARD; Wooden blocks with "BOARD" text of concept and human toys.
2023 December Holding Elections

Shared residential communities such as co-ops, condos, and HOAs are modern examples of classic Athenian democracy: citizens governing themselves through active participation in governance. The key to that governance is the regularity of ele…

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Management Modern electric bicycle charging its batteries with wall outlet plug wire. EV bike station. Flat style vector illustration isolated on white background.
2023 December Powering E-Devices Safely

All over the news, from coast to coast, reports of fires and explosions caused by lithium-ion batteries describe blazes that are out of control, difficult to extinguish, and excessively smokey. Tragically, many have resulted in fatalities a…

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Management Effective Committees
2023 November Effective Committees

In a typical co-op, condo, or homeowners association, residents have a lot to say about how their building or community is or should be functioning … but few actually step up to run for and serve on the board that does the actual governing.…

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Management The Cannabis Question
2023 November The Cannabis Question

With cannabis use becoming increasingly normalized (as of this year, 38 states permit medical marijuana use and 23 permit both medical and recreational consumption), co-op and condo administrators are faced with yet another quality-of-life …

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Management Mark Your Calendar!
Mark Your Calendar!

Whether you’re a manager or a board member, running a co-op, condo, or HOA has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair...the list can feel endless.    …

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Management Hiring Professionals vs. Doing Repairs In-House
2023 October Hiring Professionals vs. Doing Repairs In-House

It takes a small army of professionals—everyone from on-site handymen to licensed professional tradespeople and engineers—to maintain multifamily buildings, both large and small. The question is, who does what, and when? Everyone likes to s…

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Management Rubber stamp over two folders with the text financial statements, accounting records and the word audit. Concept of financial auditing. 3D illustration.
2023 August When It’s Time for an Audit

When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere between annoyance and terror—usually because being audited means that something has been found amiss in …

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Management A 3D render of a scattered stack of regular envelopes with delivery stamps and a clear window and the top one saying payment due symbolizing bills and debt on an isolated white background
2023 August The Collections Process

Cash flow is the lifeblood of any multifamily residential community, be it a rental building, condo, co-op, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…

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