Maintenance, Maintenance, Maintenance
In the HOA industry, it feels like we’re always trying to get something repaired. It’s “the nature of the beast” as they say. The primary jobs of Boards of Directors (indeed it is their legal fiduciary duty to do so) and Managers of HOAs is to preserve, protect, and enhance the assets of the HOA. The HOA’s common area is the biggest asset they are responsible for. While most HOAs are in the process of finalizing and getting budgets approved for 2021, now is a great time to look at what can be preserved and protected as we head into the fall and winter season in the next few months.
- Pools – Those of you with pools, whether you were able to open them up this year or had to keep them closed, now is the time to start gathering those bids to repair pool decks or gates. Community pools generally close around October so you want to have your contractor ready to go once it closes to make the most of the time that the pool will not be used.
- Gutters – Gutter cleaning is another maintenance area that often gets overlooked until it’s needed. Start requesting those gutter cleaning bids now for when you will need them so that your contractor has it scheduled well in advance as they tend to get booked up quickly the closer to the rainy months we get.
- Roof Leaks – Anyone that has had to deal with a roof leak while it’s happening can tell you how frustrating it is to deal with. Generally, it’s often just about mitigating further damage and temporary coverings are used to stop further leaks until the weather dries up. Sometimes these leaks and their temporary fixes get forgotten about once it stops raining and the water stops leaking into the unit. If you haven’t already, now is the time to go back and re-address those leaks. You know they won’t go away on their own and you don’t want to wait until it starts raining to be reminded that you still have a leak. Get ahead of those by getting the repairs done now before the rains start.
Keeping on top of maintaining the HOA’s property is the key to preserving and protecting their assets. Sometimes Board members get confused by this concept and place more focus on the money that is being spent on maintenance instead of making sure the property is being properly maintained. It’s important that everyone reminds themselves of their fiduciary responsibilities to maintain the property and that the main reason for homeowners paying dues is to cover the expense of this maintenance. No one wants to pay dues for a property that isn’t being maintained. Likewise, a property can lose value and curb appeal for those trying to sell their property where it’s not being maintained. Help your HOA keep and maintain its value by staying on top of those maintenance items!
– Erik Olson
, Freestone Reconstruction Account Manager