When we start working with a new association, the first thing we do is a full financial review and budgeting. More often than not, we find associations do not have enough cash in the bank to be financially healthy, and are often depending on frequent assessments to make ends meet. Even more common, they barely take in enough money to actually be solvent. We have a few tips on how to actually add some stability to your condo financial planning, and greater value to the unit you own.
In the last two weeks alone, we have been helping customers who have experienced the force of water, and not just in a single form, but in all three.
In many ways associations like condo trusts, or homeowner associations (HOAs) make it easier to get collective efficiency for joint owners of a property, and help ensure its proper maintenance and protection for all. However for many associations, particularly self-managed ones, it can be challenging to effectively distribute the workload of running such an association. This is where the services of a proper management company come in. Not all property and condo management firms are alike, and have different strengths and weaknesses with some being more ideally suited for specific applications. On whole there are a few things we recommend looking out for when it comes to a manager for your condo, or homeowner association (HOA).
Not to long ago, our team went through the EPA Lead-Safe Renovator training program, so we make sure we keep ourselves and your family safe when working in situations where there may be lead paint. One of the questions that came up as part of this was what do the letters and numbers you see on dust masks actually mean? The National Institute of Occupational Safety and Health (NIOSH) is who came up with these ratings, and they actually mean something. We thought we would share some of that wisdom.
The trick with patching a hardwood floor and making it look like it wasn’t patched! How did we do this smarter? The trick…harvest from somewhere else if you can!
Recently, one of our customers decided to go with a mass production cabinet for their kitchen. They are good quality cabinets, solid finish and features, and a great value for the price. Yet, they don’t always come with everything. In this case, we were missing the hardware to support a farmer sink, but came up with a great way to support this potentially heavy structure without taking up a lot of room.