Why Facilities and Financial Management Matter

Step-by-Step Guide to Soliciting Bids from Vendors for Your Condo Association

High-quality Tampa condo management includes finding service vendors that you need to support your condo association. That means finding resources for repairs, upkeep, cleaning, maintenance, and any other services that your Tampa Association management provides. A property management company like Wise Property Management does this for you, but it is important to understand the process.  … Continue reading “Step-by-Step Guide to Soliciting Bids from Vendors for Your Condo Association”

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Anonymous | Monday, April 18th, 2022 | HOA |

3 Qualifications to Look For in an HOA Management Company

If you are looking to move into a new home with an HOA, it’s important to look into HOA management companies. With so many different Tampa HOA management companies out there, it can be difficult to pick the right one. A company like Wise Property Management is easy to work with and responsive to your … Continue reading “3 Qualifications to Look For in an HOA Management Company”

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Anonymous | Monday, April 18th, 2022 | HOA |

5 Tips for Vetting Vendors and Their Contracts for Your Homeowner’s Association

Homeowners associations rely on vendors to help maintain and repair their properties. The best vendors and St. Petersburg HOA management companies, like Wise Property Management, have your best interests at heart. However, finding the right vendor can be challenging with so many options available.  Here are five tips that will help you vet the right … Continue reading “5 Tips for Vetting Vendors and Their Contracts for Your Homeowner’s Association”

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Anonymous | Monday, April 18th, 2022 | HOA |

Do’s and Don’ts of Condo Association Service Contracts

Condo associations are responsible for the upkeep and maintenance of property. They do this by overseeing different services provided to them by contractors and professionals to make sure things such as landscaping, lighting, and plumbing are up to code. However, not all condo association service contracts are created equal.  One way to ensure you’re getting … Continue reading “Do’s and Don’ts of Condo Association Service Contracts”

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Anonymous | Monday, April 18th, 2022 | HOA |

Top 3 Reasons to Hire a Property Management Company in 2022

There are many reasons why a condo association may choose to hire a property management company. Working in partnership with condo associations, these companies can improve community satisfaction and maintain existing relationships with vendors and residents.  For the top reasons why your condo association should hire a St. Petersburg condominium management company in 2022, read … Continue reading “Top 3 Reasons to Hire a Property Management Company in 2022”

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Anonymous | Monday, April 18th, 2022 | HOA |

Top HOA By-Law Updates for 2021-2022

HOA by-laws consist of important rules, regulations, and conditions that protect community members and the HOA they’re part of. Simply put, communities cannot properly function without these by-laws.  The state of Florida passed and amended several important laws last year that will impact communities and their HOAs for the rest of 2022. To learn more … Continue reading “Top HOA By-Law Updates for 2021-2022”

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Anonymous | Monday, April 18th, 2022 | HOA |

2022 Trends in Property Management

The world of real estate and property management is constantly evolving. It’s crucial for communities to keep up in order to provide the best experience for community residents.  With a top Tampa association management company, local community condo associations can stay ahead of the competition. To learn more about the latest 2022 trends in property … Continue reading “2022 Trends in Property Management”

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Anonymous | Monday, April 18th, 2022 | HOA |

Preparing for Hurricane Season: What HOAs Need to Know

The long and warm days of summer are right around the corner. This means more beach days, lounging in the sun, and spending time outdoors with family and friends. But if you’re a Floridian, you know that something far less fun could also be on the horizon. Hurricane season takes place in Florida every year … Continue reading “Preparing for Hurricane Season: What HOAs Need to Know”

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Anonymous | Wednesday, April 6th, 2022 | HOA |

How to Minimize Liability for Your Condo Association with Preventative Maintenance

If you’re operating a condominium, you know how important it is to keep up with maintenance. Regular maintenance and upkeep can help your property look better for longer, improve residents’ overall experience, and look more appealing to prospective buyers.  Even more important: preventative maintenance can minimize liability for HOAs and property managers while keeping residents … Continue reading “How to Minimize Liability for Your Condo Association with Preventative Maintenance”

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Anonymous | Wednesday, April 6th, 2022 | HOA |

4 Important Qualities to Look For In an HOA Management Company

If you’re operating a condominium association, you know how stressful it can be to find a high-quality property management company. From managing landscaping and maintenance tasks to handling resident conflicts and issues, you’ll need a company that has experience in managing a wide variety of tasks.  In this brief article, our team with Wise Property … Continue reading “4 Important Qualities to Look For In an HOA Management Company”

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Anonymous | Wednesday, April 6th, 2022 | HOA |

3 Questions to Ask When Selecting a Condo Management Company

Has the time come for your condominium association to hire a property management company? This is one of the best strategies for creating high-quality living experiences for your residents.  St. Petersburg condominium management companies can help you stay on top of state and local laws, maintenance, inspections, rent collection, and much more. But, the success … Continue reading “3 Questions to Ask When Selecting a Condo Management Company”

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Anonymous | Wednesday, April 6th, 2022 | HOA |

How to Change HOA By-Laws & Covenants

Communities are governed by covenants, conditions, and restrictions which are outlined in the HOA by-laws. These are created to ensure that each community member benefits from their association with the neighborhood. They also limit the amount of noise, home color choices, landscaping rules, and more. But what happens when your HOA by-laws no longer serve … Continue reading “How to Change HOA By-Laws & Covenants”

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Anonymous | Thursday, December 23rd, 2021 | HOA |

How to Reduce Your HOA Expenses

HOAs have expenses, like other organizations and businesses. With limited revenue sources, it can seem difficult to manage the cost of maintenance and daily operations as an HOA board. Fortunately, there are ways to reduce your HOA expenses through creative thinking and help from Tampa HOA management companies. Take a look at these simple guidelines … Continue reading “How to Reduce Your HOA Expenses”

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Anonymous | Thursday, December 23rd, 2021 | HOA |

Importance of Reviewing Vendor Agreements on an Annual Basis

Homeowners association (HOA) boards need to review vendor agreements on an annual basis to ensure that the vendors are providing the services and products required by the HOA. One reason this is important is because contracts may expire. After a certain period of time, it becomes a lot more difficult to enforce a contract if … Continue reading “Importance of Reviewing Vendor Agreements on an Annual Basis”

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Anonymous | Thursday, December 23rd, 2021 | Property Management |

Preparing for 2022: What Condo Associations Need to Know

The new year is just around the corner and many condo associations are preparing for the changes that come with it. There are a number of things that need to be addressed before the New Year, either with your St. Petersburg condo management company or as part of the board. Here are things that every … Continue reading “Preparing for 2022: What Condo Associations Need to Know”

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Anonymous | Thursday, December 23rd, 2021 | Property Management |

5 Ways Condo Management Companies Save Owners Money

St. Petersburg condo management is complex and can cost owners money if not done properly. Fortunately, condo management companies make running the property easier, more efficient, and more cost-effective. Here are several ways St. Petersburg condo management companies save owners money. Fill Available Condos One way condo management companies save owners money is by quickly … Continue reading “5 Ways Condo Management Companies Save Owners Money”

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Anonymous | Tuesday, September 7th, 2021 | Property Management |

Tips for Keeping Your Condo Community Running Smoothly

Your condo community can run smoothly with a good Tampa condo management partner. There are specific things that you can do to avoid problems and keep things running the way you want them to. Here are a few tips for keeping your condo community running smoothly. Enforce Rules Fairly A big problem in Tampa condominium … Continue reading “Tips for Keeping Your Condo Community Running Smoothly”

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Anonymous | Tuesday, September 7th, 2021 | Property Management |

Important Considerations for Your Annual HOA Budget

Your HOA must create a new budget for the community every year. How the HOA does this makes a big difference in the outcome. Many HOAs rely on St. Petersburg HOA management companies to make sure that their budgets work. Here is a guide to developing a yearly HOA budget. What are the Total Community … Continue reading “Important Considerations for Your Annual HOA Budget”

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Anonymous | Tuesday, September 7th, 2021 | HOA |

Step-by-Step Guide for Creating Your Annual HOA Budget

Every year, your HOA must create an annual HOA budget. This budget guides spending and how much you collect from residents. Making it accurate helps the community avoid potential problems. Use this article as your Tampa homeowners association management step-by-step guide to creating your annual HOA budget. 1. Determine Yearly Costs The first step in … Continue reading “Step-by-Step Guide for Creating Your Annual HOA Budget”

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Anonymous | Tuesday, September 7th, 2021 | HOA |

Are HOA Boards Required to Put Financial Reserves on Meeting Agendas?

Tampa homeowners association management boards are required by law to disclose financial information at meetings and when requested by residents. This information can include the association’s budget, as well as the financial reserves. The topicmust be addressed quickly if raised during a meetingand the association is obligated to respond to a resident’s request promptly. Financial … Continue reading “Are HOA Boards Required to Put Financial Reserves on Meeting Agendas?”

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Anonymous | Tuesday, June 29th, 2021 | HOA |