You’ve heard the saying “keeping up with the Joneses,” but have you heard the saying “keeping up with the HOAs?”
As your community ages it is important that board members remember one of the primary purposes of the association is to preserve, protect and enhance property values. That may mean making capital improvements, refurbishing common areas and even going green in some cases. In the attached article from Arizona these topics as well as some of the limitations faced by older communities are addressed.
If your community has unworkable financial constraints that are prohibiting it from maintaining competitiveness in today’s market we can help you develop strategies to overcome those constraints and keep up with the Joneses!