069 | HOA Board Heroes: How to Manage a Large HOA Well

02/09/2024 32 min Temporada 1 Episodio 69
069 | HOA Board Heroes: How to Manage a Large HOA Well

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Episode Synopsis

Send us a textAre you an HOA board member looking for strategies to manage a large community effectively? Jim Hopkins shares his experiences and tips for managing a 12,000+ unit HOA board!✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/  In this episode of HOA Insights, Jim Hopkins, a board member at Laguna Woods Village, shares his journey of managing a large HOA board. Discover the unique challenges of serving on a board for a community of over 12,000 units and the importance of patience, professionalism, and strategic planning. Learn how Jim's board transitioned to self-managed property services, the importance of proactive reserve planning, and effective communication strategies to engage 18,000 residents. Whether you're a seasoned board member or new to HOA governance, this episode provides valuable insights into managing a large HOA successfully.Chapters From This Week's Episode:00:00 Patience is Critical For a HOA Board Member  00:55 A Thankless Job - HOA Board Heroes  02:09 Ad Break - Kevin Davis Insurance Services  02:37 Intro to Jim Hopkins HOA Board Hero 04:04 What Motived Jim to Join a Massive HOA  05:11 The Community Structure of Laguna Woods  07:27 The Relative Ease of Getting Elected to Jim’s HOA Board  09:27 How Many Hours Per Week Jim Works for His HOA & the Personality He Brings to the Board  11:01 Jim’s Favorite & Least Favorite Parts About Being on a HOA Board 11:58 How a Post-Covid World Effected Virtual Meetings & Topics for Jim  15:09 Jim Talks About the Culture of His HOA Board 17:22 How Jim’s Association Bought Their Own Property Management Company  19:27 Jim Talks About How Well Funded His Associate is  26:02 What Jim and His HOA Board Are Focused on For Next Year 28:52 Jim’s Words of Advice for Other HOA Boards and Their Members Podcast Links:Full Episode ListWatch On YoutubeEngage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to [email protected] yourself or a Board Hero you Know!Board Hero NominationsBoardmember Merch Store!Connect with Hosts on LinkedInJulie AdamenKevin Davis, CIRMSRobert Nordlund, PESupport Our SponsorsAssociation Insights & MarketplaceAssociation ReservesCommunity FinancialsKevin Davis Insurance ServicesStokelight Video & MarketingThe Inspectors of Election