How often should a multifamily apartment building in South Florida have its garbage chutes cleaned? That question depends on who lives in the building and how big it is, says Chet Ribner, president of Southern Chutes, Inc. in Hollywo…
Category: Association Operations
Management of any property requires a varying degree of resources and skills. Materials, capital, and personnel are required for everything from ordering supplies to the complete overseeing of a multi-unit, high rise condominium. Above all…
When it comes to ensuring that important association documents are private and secure, board members and managers have to follow specific protocols. However, due to ignorance or carelessness, those rules aren’t always followed. “Prob…
With today’s condo and HOA residents much more conscious of their impact on the environment and looking for ways to reduce it, smart boards and property managers are looking to help. Simple tasks like turning down thermostats, shutting off…
It's hard to believe that not so long ago, recycling was a pretty novel concept, especially for cities and municipalities. In the 1970s and '80s, local governments started to establish recycling programs due to rising energy prices and a …
There are two ways—and only two ways—to balance a budget: increase revenue, or decrease spending. Whether you’re the treasurer of a co-op or condo board or the President of the United States, those are the only two levers at your disposa…
These days, just about everyone is cutting back on spending, whether to make ends meet, save for something special or a rainy day, pay off debt or fund their retirement. Consumers are cutting coupons, looking for deals and keeping a cl…
Property management, in the broadest of terms, is defined as the operation, control and oversight of real estate. Most property managers would agree that definition is just a starting point. There are many facets to the demandin…
When it comes to insurance coverage, it’s what you know about your policy that matters. Not understanding your policy’s limits could be tantamount to not having the right insurance, and in a hurricane-prone area like Florida, that could …
All professional contractors and service providers are required by law to carry insurance to cover their activities. Any condo building or HOA should also carry its own insurance to cover accidents or other incidents on the property—thi…