Guidance from Tradd’s management team on the questions Association Boards are asking most
In resort communities, the rental company usually owns a significant number of units and has a real stake in how the property performs. They’re investors, they’re operators, and they often have board representation. That’s actually
Manager turnover in the HOA management industry is common, and it’s almost always the result of a structural problem — not individual performance. Most management companies take on far more communities than their managers can
Reserve fund requirements are one of the most consequential — and most frequently misunderstood — areas of HOA and condominium association governance. The rules come from multiple directions: federal mortgage guidelines, industry standards, and your
A good monthly financial report tells you the story of how your property is doing financially. It’s not just a collection of numbers — it’s numbers with context, explanation, and a clear picture of where
A reserve study is one of the most important financial planning tools an HOA or condominium board has — and one of the most frequently neglected. At its core, it is a professional assessment of
Most board members are not accountants — and they shouldn’t have to be. But every board member should be able to recognize when something in their financial reports doesn’t look right. A well-run management company
The relationship between an HOA board and its management company is one of the most consequential partnerships in community governance — and one of the most commonly underestimated. When it works well, the board leads
If you’re on the board of a condotel association, you already know that what you need is not a community management company. You need a management company, like Tradd, that understands resort operations — one
The most honest answer to this question is: sooner than most boards think. Boards often delay a management change because the timing never feels perfect. There’s a budget cycle coming up. A capital project is
This is one of the most important questions a condotel board can ask — and one of the most frequently left unasked until the conflict is already affecting how the property is governed. The answer
Most communication problems between boards and their management company come down to one thing: no structure. There’s no predictable schedule, no consistent format, and no clear process for what gets answered when. Everything is reactive,
