Get ready to uncover the hidden complexities of community association management with our special guest, Karel Costa-Armas. With extensive experience managing luxury high-rise communities in Florida, Karel provides an insider look at navigating recent legislative changes that have ramped up demands for transparency and accountability. Learn how associations can effectively handle deferred maintenance, structural integrity issues, and the surge in mandatory engineering projects. Beyond just managing logistics, Karel offers practical advice for self-managed associations on maintaining proper financial practices and shares eye-opening stories of uncovering potential fraud and embezzlement within long-standing communities.
In the second part of our episode, we confront the serious side of HOA management, tackling criminal and civil lawsuits such as shootings and severe personal injuries. Leveraging my expertise as a retired police officer specialized in operational evaluations and expert witness work, I discuss how legal firms and insurance companies can better assess and manage risks. We explore the evolving challenges faced by association managers, emphasizing the need for continuous education and support. Whether you're an HOA member, manager, or just curious about the world of community associations, this episode is packed with invaluable insights and advice to help maintain vibrant, transparent, and accountable communities.
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