Homeowners Associations

As a Homeowners Association Board Member, you have many responsibilities and duties regarding your residential community, and one of the most important among them is accountancy. Though your HOA is not profit-driven, the association still handles revenue and incurs expenses like any other business organization. It is, therefore, essential that you feel informed about the […]

For most HOAs, there are two options: work with a property management company to handle the day-to-day operations of your organization or go self-managed and take on all the responsibility in-house.But which of these is the right solution for your HOA? And how can you ensure that everything runs smoothly if you choose to go […]

HOA fees cover a variety of needs for the community and home each year. There are many aspects to consider when setting your HOA dues. When setting your monthly HOA dues each year, it may be challenging to think of everything you need to consider. There is so much that goes into taking care of […]

HOAs are moving into the modern era. What are the best methods for accepting HOA dues online? The days of mailing a check to your HOA, or driving down to an office to pay in person, are long behind us. While some people still prefer to pay that way, most people enjoy the convenience of […]

You’ve been using TOPS PRO and TOPS IQ for a while now and have noticed the advantages of having property management software to grow your organization. Your HOA members are more productive. Your budgets and vendor payouts are up to date. Your community has been thriving more than ever. In general, things are going well. […]

Technology has the power to transform the way we do things. This is especially true for an online property management system, like TOPS [ONE]. Board members get access to real-time data about homeowners and their properties, vendors, accounts payable (AP), accounts receivable (AR), violations, and anything else they may want to know about the properties […]

Accounts payable (AP) is the bane of every property manager’s existence. Every month, you have to process an assortment of mailed and emailed invoices from contractors and vendors, enter them into your software system, reconcile if necessary (which it always seems to be), pay them on time (or not)… and that’s just for one community! […]

As a condominium owner association (COA) or homeowner association (HOA), it is part of your responsibility to uphold rules and regulations that aim to keep your community safe and comfortable for all current and future residents. While this is true, these rules must be in unison with the development’s bylaws, covenants, conditions & restrictions (CC&Rs), […]

In a time when watches can tell us our heart rate, steps taken, calories burned, and other data points, it’s clear that people want to know more. They want details, not just the time (or the basics), and they want them now. So, do you think anyone wants less from their property management system website? […]

A considerable part of a Property Manager’s job revolves around controlling expenses. Property maintenance, community visits, and homeowner communications all necessitate additional workforce and relevant costs. Each purchase and labor expense must be analyzed to ensure that the expenditures are not greater than the profit. Fortunately, we live in a time where technology is at […]