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),...
by Josh Hurst | Apr 13, 2018 | HOA Accounting and Financials, HOA Management, Kuester Blog
It’s recommended that HOA communities have regular reserve studies—but what happens once your study is complete and the final report is generated? Frankly, it can be daunting to sit down with this imposing document, especially if you don’t have a background in...
by Josh Hurst | Mar 29, 2018 | HOA Accounting and Financials, HOA Management, Kuester Blog
One of the biggest concerns many homeowners have when moving into an HOA community is what the cost of dues are. This can vary greatly from one association to the next depending on the number of homes, types of services provided, amenities available, and more. While...
by Josh Hurst | Feb 1, 2018 | HOA Accounting and Financials, HOA Management, Kuester Blog
As an HOA Board member, you have legal, fiduciary responsibilities to your Association. You’re one of its main overseers, and it falls to you to shield your HOA community from any undue risk. Even so, there are some significant ways in which the actions of the Board...
by Josh Hurst | Sep 28, 2017 | HOA Accounting and Financials, HOA Management, Kuester Blog
One of the most uncomfortable decisions an HOA Board makes is the decision to raise fees. Hopefully, this is something you can avoid—but sometimes, your Association’s financial state might demand it. And when that happens, it’s wise to anticipate some of the common...
