Accounts payable (AP) is often seen as an annoyance, contributing an endless stream of tasks to your to-do list. However, done right, AP can be a strength and competitive differentiator for management companies. A strong AP function is a boon to your relationships with boards and vendors.
Read StoryReality is, in condo, conflicts and disputes are bound to arise at some point. These issues will arise for a myriad of different reasons. In this post, we list the most common sources of conflict between neighbours and four steps on how to deal with them for property managers and board members.
Read StoryHere is a list of 6 things to look out for when engaging a condo property management company.
Read StoryDealing with the cold, snow and slush is a tall task for all condos where the conditions during winter months are drastically different from any other season of the year. Ensuring that living conditions are smooth for the whole community during these months is mostly a responsibility of board members and also property managers. The following are four things to watch out for in order to best ensure residents do not experience the winter blues.
Read StoryThere are many corporations that make the conscious decision to self-manage their condo rather than hire a property management company. That decision may come from various reasons: from having a lack of resources, to having board members with the time and expertise to manage condos, or simply because they have had a bad experience working with property management companies. Whatever the reason may be, there are many things that board members need to be mindful of when going ahead with the daunting task of managing condos without the help of a management company.
Read StoryHow does the legalization of cannabis affect condo management and what should you look out for? As you consider the following questions, it needs to be noted that it is 100% legal for a corporation to ban marijuana smoking anywhere on the building's property and even inside the unit. But before resorting to such measures, what is important is to successfully find a balance between the new legislation and respecting the property and preferences of the owners and residents.
Read StoryBecoming a condo board member is doing civic work. It is a very important position that helps dictate the enjoyment and safety of an entire community of individuals. The most thriving communities we have seen have always been led by responsible, compassionate and courteous individuals on the board.
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