How to Hire Condo Property Managers in Four Easy Steps-4966

How to Hire Condo Property Managers in Four Easy Steps

Magnum York Building Management Hiring a property manager is an extremely important decision. Having the right person overlooking the day to day operations of your property and building should be able to ease the stress that comes along with managing a Condominium Corporation, especially with all the specific rules and laws you need to be aware of on a day to day. This article will help when you are looking to hire condo property managers. It’s easy to send out […]

Essential Steps for a Successful Condo Board Vote-4834

Essential Steps for a Successful Condo Board Vote

There comes a time during a meeting when a condo board vote needs to happen. Typically, these are mundane matters that attendees tend to agree on en masse. Every now and then, however, something substantial comes up for a vote and there doesn’t seem to be a general consensus in the room. When it comes to spending large amounts of the reserve fund, or perhaps, money out of the wallets it’s important to have an idea of how things are […]

Top 5 Resources Your Condo Board Needs Now-4483

Top 5 Resources Your Condo Board Needs Now

Condo Board Tools you can Actually Use Informative, timely, and effective communication is the bedrock of any successful condominium association.  Those who fail to maintain this productive communication between the board, members, and their management team do so at their own peril. Period. Timely, relevant, and efficient communication serves to foster a sense of involvement for the members and a connection to the board and their decisions.  That means confidence.  Projects are organized and executed smoothly, team members participate effectively, […]

Fiscal Planning Best Practices for Condo Boards-4077

Fiscal Planning Best Practices for Condo Boards

Condominium Fiscal Planning Like any successful corporation, condo boards in the Alberta area need to perform extensive fiscal planning; it’s always better to plan than to react. If you employ best practices, this process will go easier and smoothly. So where to begin when planning best practices for condo boards? You should start by analyzing the previous year’s budget and what your current monthly statements reflect, do you have surplus or a deficit for this current month? The next step is […]