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How to BOOST Your 2017 Condo Association Balance Sheet

How to BOOST Your 2017 Condo Association Balance Sheet

How to BOOST Your 2017 Condo Association Balance Sheet After having served in the community association industry for over 15 years, I have decided to start sharing some of the immense knowledge that I have accumulated. Having an electrical engineering background, my forte was not writing initially. In fact, I don’t even ever remember taking a writing class during my university studies. That said, I have learned to express myself through the written word and it appears that I have […]

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The Cooperator Expo is Coming to Chicago: Tuesday, November 15, 2016 10:00AM–4:30PM @ Navy Pier

The Cooperator Expo is Coming to Chicago: Tuesday, November 15, 2016 10:00AM–4:30PM @ Navy Pier

The Cooperator Expo is Coming to Chicago: Tuesday, November 15, 2016 10:00AM–4:30PM @ Navy Pier Are you a board member of a condo, townhome or HOA?  Are you a property manager?  Or perhaps a community manager of a high rise?  Or a portfolio manager of several community associations? Are you looking to take on a new painting project or a tuckpointing capital project?  Are you looking for a new CPA firm to audit your community finances and books?  The Cooperator […]

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How To Avoid A Community Association Winter Nightmare

How To Avoid A Community Association Winter Nightmare

How To Avoid A Community Association Winter Nightmare How prepared is your condo, townhome or HOA association? According to some weather pundits, Old Man Winter is supposed to pack a mean punch this time around and make up for the super mild winters we have had recently especially in the Chicagland area. So it is extremely important to ensure that YOUR community association is prepared for the worst. Based on historical snow fall over the last 100 years in the […]

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Best Ways to BLOW Your 2017 Condo Association Budget

Best Ways to BLOW Your 2017 Condo Association Budget

Best Ways to BLOW Your 2017 Condo Association Budget Are you serving on the board of directors of a community association? Do you spend more time than you care to admit volunteering for the board? Do you even realize that you should have already approved your 2017 budget or should have a budget approval meeting coming up within the next few weeks? Well let me share some CRAZY but TRUE tips for you so that you can triple the amount […]

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7 Steps to Creating An Amazingly THRIVING Community Association

7 Steps to Creating An Amazingly THRIVING Community Association

7 Steps to Creating An Amazingly THRIVING Community Association Why Do People Live In a Community Association?   In the US, there are now 350,000 community associations with 66.8 million or 22% of the US population living in them.  Compare this to 1970 when there were only 10,000 communities and only 2.1 million people living in them. So why are more and more people moving towards community living? Well the theory goes something like this. It’s CHEAPER and much more […]

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The Top 10 Ingredients of a Well Prepared 2017 Budget

The Top 10 Ingredients of a Well Prepared 2017 Budget

The Top 10 Ingredients of a Well Prepared 2017 Budget Whether you are a community property manager or a board of director, the time has once again arrived for the 2017 budget preparation and implementation.  By now the associations with management companies should have received the proposed 2017 budgets and self managed associations should be actively putting together their 2017 budgets as well.  As a result, I thought I would share my “Italian sauce recipe” for preparing and implementing a […]

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The Top 10 Ingredients of a HIGHLY Successful Community Association Board Meeting

The Top 10 Ingredients of a HIGHLY Successful Community Association Board Meeting

The Top 10 Ingredients of a HIGHLY Successful Community Association Board Meeting By Salvatore Sciacca, Chicago Property Services So you serve on the board of directors of a condo, townhome or community association?  Or perhaps you are a homeowner at a condo association?  You probably have a full time job and perhaps are married and have a family.  If not, you probably have some hobbies or have season tickets to the Cubs games.  Right?  Well then the last thing you […]

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Condo Association Capital Projects Made Easy – 6 Simple Steps

Condo Association Capital Projects Made Easy - 6 Simple Steps

Condo Association Capital Projects Made Easy – 6 Simple Steps As a board of directors for a condo association, townhome association, or HOA, one of your biggest responsibilities is to ensure capital projects are properly funded and implemented.  Unfortunately, this is an area that tends to create some of the most challenging problems for associations – especially since capital projects involve large amounts of money.  The problems that typically arise around capital projects include but are not limited to the […]

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Top 10 Qualities of Highly Qualified Community Association Vendors

Top 10 Qualities of Highly Qualified Community Association Vendors

Top 10 Qualities of Highly Qualified Community Association Vendors There is no doubt in anyone’s mind that it is very important for community associations such as condos, townhomes or HOA’s to have good solid management companies in place.  A good management company will ensure that an association plans for the future, has a high functioning board in place, adopts a clear and concise operational plan and has the right resources to address both minor and major repairs and renovations. Those […]

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The Top 10 (Guaranteed) Ways to Blow Your 2016 Condo Association Budget

The Top 10 (Guaranteed) Ways to Blow Your 2016 Condo Association Budget

The Top 10 (Guaranteed) Ways to Blow Your 2016 Condo Association Budget Now that Fall is upon us, you can bet your bottom dollar on 2 things.  Old man winter is right around the corner and it is time to prepare and approve next year’s budget.  And in order to run an association in a fiscally sound fashion, the board of directors must take the time to review the financial history of the association and to properly plan for the […]

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