Wouldn’t it be great if there was an easy way to find everything you need to know about being on an HOA board of directors?
That’s what we thought, too, so we put together this cheat sheet to give you information and links on budgets, vendors, and even ways to improve your occupancy rates.
Figuring out where to spend your HOA’s money can be a big headache for you and the board. Start by referencing a beginner’s guide to see what all the budget should include, and make sure you follow the local laws for HOAs.
No matter the size of your HOA, you’ll need a budget, which should cover your association’s projected expenses. You can get an idea of how much different services will cost by requesting proposals and estimates from local professionals. When it comes to landscape maintenance costs, there are several ways your HOA can save money.
Helpful Budgeting Resources
Once you’ve figured out what services your HOA needs, such as landscape or design work, start looking for vendors. You need to hire a company you can trust to improve your property.
When interviewing landscapers for your HOA, make sure you ask them the Top 5 questions, which includes asking them about their qualifications and if they are full-service.
To simplify the vendor selection process, make sure you assess your needs, evaluate proposals (looking at everything that’s covered, not just the bottom line), and request interviews with your top choices. Once you have a company picked out, keep the lines of communication open to guarantee you’re both on the same page to prevent potential issues.
Helpful Vendor Selection Resources
Make your HOA the place to be by upgrading and maintaining the property. If your board is large enough, you can even create a committee to focus on the landscape needs.
Incorporating sustainable landscape features and services — such as irrigation systems, xeriscaping, native plants, and other landscape enhancements — will not only save the HOA money on utilities and give your possible rebates, but it will also help boost resident engagement.
Helpful Resident Engagement Resources
We hope the HOA cheat sheet and links help make your job a little easier.
Yellowstone Landscape is a full-service commercial landscape company operating across the United States that offers services like landscape maintenance, landscape installation, landscape enhancements, commercial tree care, and irrigation & water management.
Call us at 877.785.6685 or fill out the form on our website to get started.