Approving the annual community association operating budget is one of the most important obligations of the board of directors. It is also the duty of the board treasurer to take the lead in this endeavor and ensure that a budget is approved in a timely fashion i.e. before the end of 2018 and in […]
Tag Archives: chicago condo associations
Chicago condo associations
One of the most widely asked question by the condo community association board Treasurer is how much should be in the reserves. Another typical question which is essentially the same is “How much should our association put away into the reserves as a part of our annual budget”? The answer is far from simple especially […]
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 […]
Do you live in a condominium association? A townhome association? Or an HOA? Do you find yourself wondering if there is better community association living out there somewhere? When you first moved into your community, perhaps you were probably hoping for something stress free and were looking for a place with HIGH community spirit. A […]
Brandon Eberhardt is the Director of Property Services at Chicago Property Services. He is a Senior Construction Professional with a proven track record of maximizing the talents of a team while maximizing profits for p & l centers and individual projects. Brandon has a high energy level, strong work ethic and a drive to succeed. […]
What are the best ways for condo associations to SAVE money? Today more than ever condo associations all over the U.S. are looking for more and more ways to save money. So here are top 10 most effective ways for condo associations to save money: Hire a more effective condo management company. One of the […]
This is a question that I have pondered for a long time. And this question really applies to all service industries especially the community property management industry. As a business owner, I get that businesses are usually looking to add new clients. But at what expense? So here are my thoughts on how some companies […]
To get more information on the ACTHA event, click HERE. For the registration form, click HERE Click HERE for the full brochure. Attention board members, homeowners, and vendors serving the community association industry! The ACTHA 2014 Spring conference is fast approaching. As a board member, you will have a chance to attend seminars that will help […]
Who are the best portfolio condo management companies in Chicago? It’s a question I have often pondered and thousands of board members around Chicago have thought about as well. In order to answer that properly, the following questions need to be asked and answered first: RESPONSE TIMES – What level of service are you looking […]
About the author: Salvatore J. Sciacca aka “Condoboss” is the President and Founder of Chicago Property Services and is the nation’s foremost expert on community association matters. Salvatore’s contact information is: ssciacca@chicagopropertyservices and 312-455-0107 x102 MORE LIVING. LESS WORRYING. www.chicagopropertyservices.com I get it. Board of directors are looking for ways to cut costs especially in times […]