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What Happens When You Damage HOA Financial Management?

Posted by IKO Community Management on December 27, 2018 at 9:00 AM

In HOA financial management, a volunteer or elected official is legally subject to fiduciary duties. As defined by Nolo, "fiduciary duties" come from state corporate law and require HOA board members to act in the best interest of the community.

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Topics: HOA Board

Happy Holidays From IKO Community Management

Posted by IKO Community Management on December 20, 2018 at 9:00 AM

Season's greetings from Olney, Maryland! Our team at IKO Community Management wishes everyone a happy and safe holiday season with this card.

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Topics: Homeowners

How To Tell If Your HOA Needs Financial Management Improvement

Posted by IKO Community Management on December 13, 2018 at 9:00 AM

Many HOA boards have streamlined processes due to the annual round robin of volunteers and elected members. This means that it can take a huge mistake to identify improvement points. Many HOA boards hope that it doesn’t hit where it hurts: Financial management.

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Topics: HOA Board

5 Tips For The Best HOA Financial Management Ever

Posted by IKO Community Management on December 6, 2018 at 9:00 AM


The range of fiduciary experience between volunteers and elected HOA board members is drastic. It helps to implement the same annual process with Quickbooks, TurboTax, and so on.

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Topics: HOA Board

Do Upgraded Amenities Actually Help Property Values?

Posted by IKO Community Management on November 29, 2018 at 9:00 AM

All HOA communities need amenity upgrades.

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Topics: Landlords, Developers

Happy Thanksgiving From IKO Community Management

Posted by IKO Community Management on November 22, 2018 at 9:00 AM

IKO Community Management wishes you a safe, fun Thanksgiving. We hope you enjoy spending time with your family, friends, and neighbors this holiday.

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Topics: Homeowners, HOA Board, Landlords, Developers, Company, community

Here's How To Make Amenities Management Easier

Posted by IKO Community Management on November 15, 2018 at 9:00 AM

One of the best selling points to an HOA community is its amenities. Whether it's a community pool, fitness center, or community events, amenities heighten resale and property values

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Topics: HOA Board

How To Take Care Of Your Community's Top Amenities

Posted by IKO Community Management on November 8, 2018 at 9:00 AM

 

Well-kept amenities raise the property value of your HOA community and its homes. They’re also a great selling point for potential residents and maintain a positive, healthy atmosphere between buyers and renters.

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Topics: HOA Board

Top Value-Adding Amenities For Your HOA Community

Posted by IKO Community Management on November 1, 2018 at 9:00 AM

Today's buyers and renters are looking for more than a new home. They're looking for a community that offers desirable amenities. They want these quality amenities for personal entertainment reasons and to add value and appreciation to their new home.

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Topics: Developers

How To Deal With HOA Resident Complaints

Posted by IKO Community Management on October 25, 2018 at 9:00 AM

 

Being an HOA board member means that you're responsible for addressing resident complaints and neighbor disputes. It's a necessary part of your HOA duty and helps with community harmony.

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Topics: HOA Board