Tag Archives: self

5 Rules for Self Managed Associations

Not all HOAs can afford to hire association managers. “These are the vast majority of associations today—those that are self-managed,” says Bill Worrall, vice president of The Continental Group, which is based in Hollywood, Fla., and manages 1,300 condominium and homeowner associations totaling 310,000 residential units.

There‟s nothing wrong with being self-managed if you know what you‟re doing. “I think if a community can‟t afford management, self-management is relevant,” says James Donnelly, president and CEO of Castle Group, a property management company in Plantation, Fla., that manages 60,000 association units. “Some have a strong, long-term board that wants to do the management itself. I‟m not offended by that.”
If you‟re among the group of self-managed associations, here we offer rules to live by so you can be as well managed as those run by career professionals.

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IL: What to watch for in a self-managed association

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Board members at every community association have myriad responsibilities, but board members at self-managed associations have more. They’ve got to figure out what needs to be done, do it and make sure it was done right.
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NY: Self-Managed Buildings Turn Tenants Into Supers

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

“It’s like a second job,” said Joseph Iacono, the president of the board of a newly self-managed condo on 19th Street in the Flatiron district. “Some agency is always sending some notice that someone has to deal with. Guess who gets to deal with that?”
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