by Josh Hurst | Dec 20, 2018 | HOA Accounting and Financials, HOA Management, Homeowner Tips, Kuester Blog
Two very common reasons that homeowners associations (HOAs) seek out the services of a property management company are for rules enforcement and collections. A property manager can ensure that the expectations outlined in the HOA’s governing documents are upheld and...
by Josh Hurst | Nov 8, 2018 | HOA Accounting and Financials, HOA Management, Kuester Blog, Meetings
Keeping accurate meeting minutes isn’t optional, it’s a requirement. For any formal HOA meetings where quorum is achieved, minutes should be taken. In addition, these documents, once approved, must be retained indefinitely. They become part of the permanent records of...
by Josh Hurst | Oct 18, 2018 | HOA Accounting and Financials, HOA Management, Kuester Blog
The older a homeowners association is, the more files it accumulates. Storing all of these records can take up a lot of space and require careful organization. The board may wonder if it’s keeping too much and whether some of these files can be safely destroyed. The...
by Josh Hurst | Aug 30, 2018 | Community Governance, HOA Accounting and Financials, HOA Management, Kuester Blog
We like to believe that everyone is fair and honest, but unfortunately fraud and embezzlement can happen when individuals are in charge of or have access to large amounts of money. The HOA is no exception. Effectively managing financials is important for the future of...
by Josh Hurst | Aug 16, 2018 | HOA Accounting and Financials, Homeowner Tips, Kuester Blog
When it comes to buying a home, one aspect you don’t want to overlook is the HOA fees. This is important to factor into your budget and what you can afford. Though no one especially likes paying these dues, they are integral to running a successful homeowners...
by Josh Hurst | Aug 9, 2018 | HOA Accounting and Financials, HOA Management, Kuester Blog
While you may excel at managing your personal budget, planning for an entire HOA community can be more challenging. The expenses are greater, and there are more factors to take into consideration. If the board finds that, come the end of the year (or even mid-year),...
