Balancing Increasing Assessments and Saving for Reserves in Associations

As associations navigate the complex landscape of property management, two pressing issues often take center stage: the need to increase assessments and the necessity of building adequate reserve funds. Striking the right balance between these two priorities is essential for the long-term health and stability of the community. Understanding Assessments Assessments are fees collected from […]

Budget Season

It might be summer on the calendar, but at Advantage Management, it is Budget Season. At Advantage Management, we take pride in our budget process. If you see an increase in assessments, it is carefully thought out and based on what it takes to operate your association. We build our budgets by first filling in […]