The Work of a Strata and Home Owner Associations (HOA) Manager, Board or Council member, or Strata owner (the Stakeholders) ranges from (a) rewarding & satisfying to (z) a chaotic, time hogging, stress inducing, physical & psychological nightmare. The villains who seek to introduce chaos to Stakeholder’s lives are weather, wear/age, and unexpected events.
How, if, and how often these villains successfully derail our lives & plans depends on the environment we’ve created or allowed to grow around us. That environment & the information we’ve equipped ourselves with, determines what tools and help is available to make and implement good decisions to reach our goals.
Stakeholders will either be high hope/high achieving heroes in this battle against the villains that would stymie them and reduce their property values & peace of mind, or they will become low hope victims battered by repeated failure.
Clearly investment as a Strata stakeholder is not for the faint of heart. The benefit of sharing in the facilities and amenities a Strata/HOA community provides is very worthwhile. A multiple services opportunity means that things like yard care, structural maintenance, water & sewer resources, and renewals are more cost effective per owner than can be achieved in a single family environment.
Equally clear, is that ongoing professional review, and coaching & guidance in Building Systems & Components, Legal, and Accounting matters is needed to ensure correct priorities are established and maintained. This is necessary to adapt to changing age and conditions, and ensure retained vendors and services carry out correct, necessary adjustments to achieve desired value and life experience goals.
Where do you even begin to understand and implement such practices? Start by contacting us. We’ve been doing this for 20+ years, and we have the reputation to back us up.
