HOA Insights: Common Sense for Common Areas

089 | Alternatives to Professional HOA Management: Community Financials


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See how Community Financials bridges the gap between self-managed and fully managed HOAs, offering tools to improve financial transparency and reduce board member burnout!
Get in Contact With Community Financials: https://communityfinancials.com/
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/

Are you struggling with the challenges of self-managing your HOA? In this episode, Robert has on guest Russell Munz  from Community Financials—a game-changing service designed to lighten the load for self-managed associations. Discover how they provide seamless financial management, transparency, and tools that empower board members without the high costs of full professional management.From electronic financial access to streamlined systems for collections and reporting, Community Financials makes self-management manageable. Plus, learn how they support associations with training resources and efficient solutions, ensuring you never have to go it alone

Chapters from today's episode:

00:00 The feeling of serving on an HOA board is a “life sentence” 
00:40 Introduction to Russell Munz & 088 recap 
04:12 Why Russell started Community Financials 
07:42 The role of self-managed associations and financial literacy
12:09 The benefits of electronic access for financials
15:14 Supporting board members and reducing volunteer burnout
21:44 Ad break - Community Financials
22:15 Training for HOA board members on Community Financials 
24:40 How Community Financial has software and tools to help HOA management & recruiting
30:48 How Community Financials can help full time professional HOA managers 

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HOA Insights: Common Sense for Common AreasBy Hosts: Robert Nordlund, Kevin Davis, Julie Adamen

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