Navigating Budget Adjustments & Increases: A Guide to Effective Communication
ARTICLE CONTRIBUTED BY: OSCAR BORRAS, REGIONAL VICE PRESIDENT AT KW PROPERTY MANAGEMENT & CONSULTING In today’s ever-evolving economic landscape, associations are grappling with the challenge of balancing rising costs of goods, services, insurance, and wages while ensuring the smooth functioning of their operations. As guardians of these communities, it falls upon us to master the […]
Lean on Experts to Navigate a Challenging Budget Cycle
ARTICLE CONTRIBUTED BY: ROXANA DORIGO, EXECUTIVE VICE PRESIDENT OF FINANCE, KW PROPERTY MANAGEMENT & CONSULTING Florida community associations and property managers are grappling with the combined challenges of budgeting for rising insurance costs, funding reserves, elevated interest rates and addressing projects that have been deferred to comply with new state laws. Good news, board members […]
Budget Season Best Practices From The Eyes Of A Large-scale Hoa General Manager
ARTICLE CONTRIBUTED BY: TRISH BAKER, GENERAL MANAGER, AT KW PROPERTY MANAGEMENT & CONSULTING The annual budget season can often be a complex and challenging process. With careful planning and collaboration, however, it can become a smoother and more effective endeavor. Here are best practices from one of KWPMC’s lifestyle General Managers, to successfully navigate through […]
Staying Up-to-Date on Industry Trends and Regulations: Best Practices
As an HOA or Condo Association board member or manager, it’s important to stay informed of industry trends and regulations to succeed. Keeping up with the latest information can seem daunting, but proper education is vital for a community association’s success. While the good news is that KWPMC ensures that our management team and your […]
Preparing for Storm Season: Best Practices Pre- and Post-Storm
With hurricane season quickly approaching, and as the old saying goes, “chance favors the prepared.” Hurricane season starts on June 1st and extends through November 30th. Here are some tips to help prepare your 2023 hurricane preparedness guide, as well as provide actions that you can take before a hurricane makes landfall. The time is […]