Blog
Blog
Brace for Impact
Hurricane Condo Damage: Expert Strategies for Recovery and Preparedness Hurricane condo damage has long-term implications beyond immediate repairs. Associations must prioritize disaster readiness, vendor agreements, and insurance reviews. Technology—drones, cloud storage, communication tools—is revolutionizing disaster recovery. Annual hurricane planning and drills are crucial for resident safety and board readiness. Case studies from recent storms emphasize the importance of early vendor engagement and updated insurance policies. Key Takeaways from the Webinar When hurricane season strikes, Florida’s condo communities face high risks—hurricane condo damage can be devastating, both physically and financially. That’s why proactive disaster preparedness and expert-led recovery strategies are essential. In a recent KW Property Management & Consulting (KWPMC) webinar, industry leaders shared insights into minimizing storm impact and accelerating post-disaster recovery. With a special focus on high-rise condos and HOAs, this post outlines key actions for managing hurricane damage in condo buildings. Why Preparedness Matters for Condo Associations Experts
Mastering Contract Negotiations
Building a Smarter Vendor Selection Framework Key Takeaways Negotiate with Purpose – Not every contract needs negotiation. Learn when it’s necessary. Build Relationships, Not Opponents – A win-win mindset keeps vendors invested in your community’s success. Ask the Right Questions – Strategic inquiries can defuse tension and lead to practical solutions. Be Transparent with Residents – Your board of directors gain trust when decisions are explained clearly. Plan for the Unexpected – A well-negotiated contract can protect your community in crisis. Watch the Webinar – Disaster Recovery & Contracting Essentials on YouTube Mastering the Art of Negotiations for Associations and Board Members Contract Strategies Every HOA Board and Property Manager Should Know In property management and homeowner associations (HOAs), contracts are common. They cover everything from landscaping to roofing, especially disaster recovery. But surprisingly, people often underutilize or mishandle negotiation. This article will help the board of directors and
Getting your projects in shape
Navigating Construction Property Management in Florida: Key Insights Key Takeaways: Financial Stability: Prioritize financial stability to maintain property values. This involves creating a comprehensive financial plan that accounts for both short-term and long-term needs. Budgeting: Start early and focus on top expenses. Early budgeting allows managers to allocate resources effectively and avoid last-minute financial scrambles. Property Assessment: Regularly assess property needs for accurate budgeting. Conducting thorough property assessments ensures that budgets reflect actual maintenance and improvement needs. Reserve Studies: Update reserve studies annually to reflect current economic conditions and inflation rates. Fully funded reserves act as a financial safety net, protecting projects from unexpected costs. Legislative Compliance: Stay informed about new laws and regulations, particularly those related to Structural Integrity Reserve Studies (SIRS), to ensure compliance and avoid potential penalties. Investment Strategies: Differentiate between operating and reserve funds, and invest reserve funds wisely to enhance financial stability. Introduction: In a
Stay Ready, Stay Safe
Hey there, property managers! Hurricane season is coming up, and it’s time to make sure your homeowners associations (HOAs) are ready for whatever Mother Nature throws our way. Whether you’re new to association management or have been doing it for years, these hurricane tips for property managers will help you get your community prepared. Let’s dive in and get your neighborhood hurricane-ready! Teamwork: Everyone Has a Role When it comes to getting ready for a hurricane, teamwork is super important. From the front desk staff to board members, everyone in the HOA has a role to play. It’s a good idea to have meetings and discussions before putting the hurricane plan into action. This way, every team member, employee, and resident knows what they need to do when a hurricane hits. By making sure everyone understands their role, we can have a more organized and effective response when the storm
Hurricane Preparedness for Florida HOAs and Condo Associations: 5 Best Practices for Community Readiness
Why Hurricane Preparedness Matters for Florida Communities Florida’s hurricane season can be unpredictable and dangerous, especially for communities governed by HOAs and condo associations. Unlike individual homeowners, these associations are responsible for shared spaces, critical infrastructure, and the overall safety of multiple residents. Proper planning can significantly reduce storm damage, enhance recovery speed, and increase resident confidence. Top 5 Proactive Hurricane Preparedness Steps for Florida HOAs and Condo Associations 1. Develop and Communicate a Comprehensive Hurricane Preparedness Plan Every Florida HOA and condominium association should have a formal hurricane preparedness plan that includes: Evacuation procedures and local routes. Protocols for securing common amenities such as clubhouses, pools, and fitness centers. Clear communication guidelines for before, during, and after a storm. Associations should ensure residents understand the plan via: Pre-season meetings. Email newsletters. Community websites and bulletin boards. 2. Secure Common Areas and Community Amenities Unsecured items can become dangerous projectiles.
