by Progressive Property Management | Nov 9, 2023 | Owner Education, Property Management Education, Uncategorized
These are strange times in the association management industry. Unlike residential management, where there are hundreds of management companies, usually managing 50 to 500 properties, there are fewer than 100 association management companies managing over 25,000...
by Progressive Property Management | May 16, 2023 | Association Management Education, Owner Education, Property Management Education, Uncategorized
We manage almost 100 associations and our Community Managers attend over a thousand board meetings a year, so we have participated in both productive, unproductive and sometimes downright hostile meetings. Let’s compare the two. How does an unproductive meeting occur?...
by Progressive Property Management | May 16, 2023 | Association Management Education, Owner Education, Property Management Education, Uncategorized
We manage almost 100 associations, and many of these communities have kept their monthly dues intentionally low and now find themselves with low reserve balances, typically 20 to 30% of the fully funded reserve as detailed in their reserve study. These communities may...
by Progressive Property Management | Sep 8, 2021 | Association Management Education, Owner Education, Property Management Education, Uncategorized
We hear time and time again from disgruntled boards, the following complaints about their current association management company: The Community Manager does not respond to emails or calls quickly. The company assigns a different Community Manager every few years (or...
by Progressive Property Management | Sep 8, 2021 | Association Management Education, Owner Education, Property Management Education, Uncategorized
As director on the board, you have a fiduciary responsibility to stay objective, unselfish, responsible, honest, trustworthy, and efficient. Board members, as stewards of public trust, must always act for the good of the organization, rather than for the benefit of...
by Progressive Property Management | Jun 21, 2021 | Inspections, Owner Education, Property Maintenance, Property Management Education, Uncategorized
SB 721Â (Chapter 445, Stats. 2018) was signed by Governor Brown in response to the 2015 Berkeley balcony collapse. The balcony collapsed due to decayed wooden joists; six young adults on the balcony were killed and seven others were injured, mostly Irish citizens,...
