Considering that a quality reserve study prepared by a competent provider can, or at least should cost several thousand dollars, it is somewhat puzzling that the so-called "invisible hand" of the "free marketplace" has yet to demand a higher level of accountability and professional standards from the industry. At the present time there is virtually … Continue reading Setting a Standard For Reserve Studies
Category: State of The Industry
Rogue Boards and The Wall of Silence
Rogue boards and the wall of silence...
The HOA Hall of Shame
Dateline: San Francisco, CA - In what can only be described as an unprecedented level of homeowner association incompetence at the administrative level we have the case of the Presidio Homeowners Association located in the exclusive Presidio Heights neighborhood in San Francisco, CA. Couple Purchase Private Street in Exclusive Presidio Heights HOA The upscale HOA, … Continue reading The HOA Hall of Shame
Reserve Studies are Not Created Equal
"How do you tell a good reserve study from a bad one?" This is a question the HOA DETECTIVE™ is often asked. Considering that reserve studies and reserve study providers are not created equal it is a fair question to ask...Unfortunately there is no easy answer. In order to determine whether any reserve study is … Continue reading Reserve Studies are Not Created Equal
Condo Association Receives $3M Construction Defect Settlement For ONE Leaky Door!
Portland, OR - Readers who have been following the HOA DETECTIVE™ for any length of time should know by now how we feel about the construction defect litigation racket. Thanks in large part to Oregon's lenient statute of limitations, which may allow a HOA to bring a civil action for construction defects for up to … Continue reading Condo Association Receives $3M Construction Defect Settlement For ONE Leaky Door!
Community Next: Mandatory Reserve Funding and Beyond…
In a previous post we introduced the readers to the paradigm-changing panel report published by the Community Association's Institute (CAI) in March 2016. The report titled Community Next: 2020 and Beyond is, in many ways, a ground-breaking change in the HOA management industry's stance on a number of issues that impact how HOAs are governed. … Continue reading Community Next: Mandatory Reserve Funding and Beyond…
Community Next: 2020 and Beyond
In March of 2016 the Community Associations Institute (CAI) released a White Paper titled: Community Next: 2020 and Beyond - The Association Governance Model Panel Report....
The HOA DETECTIVE™ 