Rescuing Your Condo

Is your condominium association struggling with aging infrastructure, financial woes, or owner apathy? Don't despair! "Rescuing Your Condo" is your lifeline, providing a step-by-step roadmap to transform your distressed community into a thriving haven.

What's Inside:

The State of Condos: Understand the common challenges facing condo associations today and the potential consequences of inaction.

Hope and a Path Forward: Discover how turnaround is possible with the right knowledge and strategies.

Comprehensive Assessment: Learn to evaluate your condo's financial health, physical condition, and community dynamics.

The Mindset for Success: Prepare for the emotional and financial challenges ahead and embrace the importance of community unity.

Strengthening the Foundation: Master governance, operations, bylaws, and communication to build a solid base.

The Money Matters: Dive into condo budgeting, explore creative cost-saving measures, and learn when and how to raise fees.

Major Repairs: Prioritize projects, navigate the bidding process, and secure funding for essential renovations.

Building Community Spirit: Foster owner engagement through committees, effective communication, and conflict resolution.

Professional Help: Know when and how to hire property managers, lawyers, engineers, and other experts.

Difficult Owners and Situations: Learn to address rule violations, handle disputes, and understand owner rights.

The Last Resort: Explore rental conversion as an option in dire circumstances, understanding the legal and appraisal process.

Maintaining a Healthy Condo: Adopt proactive maintenance, sustainable finances, and cultivate future leaders.

Resources and Support: Tap into industry associations, government programs, and your management company's expertise.

Who This Book Is For:

This guide is essential for new and experienced condo board members who are committed to revitalizing their distressed associations. Whether you're facing financial instability, deferred maintenance, or community conflicts, this book will equip you with the knowledge and tools to lead your condo towards a brighter future.

Dettagli