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Finance Tips for Keeping Legal Costs Low
2014 October Tips for Keeping Legal Costs Low

In today’s economy, co-ops and condos are looking for ways to cut costs wherever they can, and many are turning to examining their legal bills. But the problem therein is two-fold: firstly, you don’t want to compromise your relationship wi…

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Real Estate Trends ‘Tis the Season…or Is It?
2014 October ‘Tis the Season…or Is It?

Most everyone has fond memories of celebrating holidays at home, school, church or synagogue, and maybe even in a town square or community center. Holidays offer a break from routine, usually different foods and treats—maybe even gifts! Th…

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Management You’re Fired!
2014 October You’re Fired!

Whether they’re managing a small walk-up building in the city center or a sprawling development in a more suburban area, property managers handle a wide array of tasks, from physical stuff to administrative chores. While many of these jobs…

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Finance Renting Common Areas
2014 October Renting Common Areas

Having a fantastic party room, gazebo, or other common space is a great amenity for a condo or HOA—not only does it give residents a place to gather for celebrations, meetings and other community events, it adds real value to the property.…

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The Chicagoland Cooperator’s Condo, HOA & Co-op Expo
2014 October The Chicagoland Cooperator’s Condo, HOA & Co-op Expo

Over 275 exhibitors offering a marketplace of products and services for co-ops, condos and HOAs are waiting to meet you as the The Chicagoland Cooperatorreturns Tuesday, October 28th to host the Condo, HOA & Co-op Expo at the Navy Pier Con…

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Management Managing Commercial Tenants
2014 October Managing Commercial Tenants

While having goods and services like retail stores, banks and dry cleaners on-site can be convenient and viewed as a positive by condo unit owners and neighbors, not every commercial tenant is a good fit for every condo community or HOA. L…

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Finance Bank on It!
2014 October Bank on It!

A lot of us feel like everyday life keeps getting more and more complicated, and finances are no exception. In Illinois, there are strict limitations to what boards can do with their association’s funds, but that doesn’t mean there aren’t …

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Law & Legislation Going Overboard
2014 October Going Overboard

Condos and homeowner associations have made headlines over the years for passing all kinds of overreaching and downright silly rules and regulations—everything from forbidding the flying of the American flag to having prohibitions about ha…

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Management Going It Alone
2014 October Going It Alone

While the majority of condo buildings and HOA communities choose to partner with professional management firms to provide guidance and counseling and oversee their day-to-day operations, other boards take the reins themselves and choose se…

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Management I Bid You Good Day
2014 October I Bid You Good Day

It’s only logical that if something goes wrong and needs fixing at a condo or HOA, it's the board or manager’s job to do some due diligence and choose the contractor that makes the most sense for the community's needs and budget. Thi…

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