Listen "082 | HOA Board Heroes: Delivering Value & Protecting Your HOA's Investments"
Episode Synopsis
Send us a textPam Home, a dedicated HOA board member, shares creative ways to save money, engage homeowners, and protect investments✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/Pam Home, an exemplary HOA board member at Union Terrace Cooperative, proves what it means to be a true board hero. In this episode, Pam dives into the importance of reserve studies and explains how following them can help avoid special assessments. She shares innovative methods she’s used to save money for the community, including acquiring free plants and decorative fencing from nearby construction sites. Pam also discusses the challenges of engaging homeowners, her experience with hybrid board meetings, and the value of professional property management. Union Terrace Cooperative operates with a $300,000 annual budget and a reserve fund currently at 30%, and Pam is on a mission to improve those numbers.———Chapters00:00 PAY ATTENTION to Your Reserve Study01:25 Introduction to HOA Board Hero Pam Home02:25 What First Motivated Pam to Join Her HOA & Her First Experiences05:35 The Special Talents Pam Brings to Her HOA Board09:17 Pam’s Experience Recruiting Board Members11:34 Ad Break - Kevin Davis Insurance Services12:03 How Pam’s HOA Conducts Their Meetings15:20 What’s Keeping Pam’s HOA Motivated18:04 How She Communicates With Her Board to Resolve Conflicts19:33 Pam’s HOA Annual Budget22:16 Pam’s Thoughts on the Value of a Professional Property Manager24:47 Pam’s Closing Thoughts for Board MembersPodcast 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
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