HOA Blog - California

Our HOA Blog is added to several times each month so please visit it often. If you would like to respond to any blog, please contact us. Our HOA Articles are also added to and updated regularly.

Construction Managers

May 15, 2024

Construction Managers represent the interests of property owners and HOAs, not the general contractor of subcontractors. See: Why Hire a Construction Manager.

Caution – Certain Management Companies Will no longer Accept Phone Calls

May 8, 2024

We have recently learned that certain management companies no longer accept phone calls from homeowners living within their HOA client properties. These management companies only accept email communications. Owners without computers who cannot send emails are required to mail letters to their management company, if they want to contact the company. Many associations find this to be unacceptable and are changing their managing agents. Our firm welcomes phone calls from owners from 9:00 am to Noon and from 1:00pm to 5:30pm M-F.

Failure to Maintain Roofs – What Could Happen?

April 29, 2024

Sometimes board members are aware that the roofs at their association buildings can no longer be adequately repaired and must be replaced. They know this based upon having experienced a series of roof leaks, or their reserve study provider has communicated this information to them. Sometimes these board members decide not to replace the roofs because their association does not currently have sufficient reserves to pay for new roofs, and the board is unwilling to seek a special assessment from the owners. When the situation described above exists, the board and its members may find themselves in a very compromised position after it rains, and the roof starts leaking. See: Failure to Maintain Roofs-What Could Happen?

New HOA Management Client

April 15, 2024

Coast Management of California is pleased to announce that we have been hired to manage a 20 unit condominium association in Simi Valley, California.

HOA Portfolio Manager Wanted

April 14, 2024

Coast Management of California is growing. Therefore, we are in need of an additional HOA portfolio manager. See: HOA Portfolio Manager Wanted.

ACH Does Not Provide Homeowners Protection

April 11, 2024

ACH allows the party being paid to access the bank account of the homeowner paying assessments. This is not a good practice. See: Automatic Bill Payments vs. ACH and Payment of Assessments-Methods.

Uncollected Money Judgments

April 4, 2024

If your HOA is holding any uncollected money judgments and you need assistance in collecting any unpaid amount of $10,000 or more, contact: PRCcollections.net.

Roof Replacements and Repairs

April 3, 2024

April through August are the best months to schedule roof replacements and major repairs because roofing contractors are the least busy during this period and almost always provide the lowest prices. In addition, it is expected that roofing contractors will be experiencing price increases for materials during the next few months which are expected to be about 30%. Note that materials are approximately 50 of the cost of roofing contracts. This will be passed on to customers. If boards wait until the rainy season, they will pay the highest prices and may experience delays because roofers get very busy when it starts to rain.

Small Homeowner Associations

March 13, 2024

We are often asked if we will manage a small homeowner association because the person calling has been told repeatedly by various management companies that they don’t manage small associations. Coast Management of California is pleased to offer management services to HOAs of all sizes. Every client is important to us. If you are on the board of a small association, please call us for a management proposal.

HOA Insurance Carriers Demanding Updated HOA Reserve Studies

March 12, 2024

More and more HOA insurance companies in California are requiring an updated reserve study before they will renew an insurance policy. California law requires that associations with common area obtain an updated reserve study every three years. It must also be reviewed by the board every year in between to determine whether it needs to be adjusted or updated at that time. For information about reserve studies: Pacific Reserve Studies.

 

 

 

Coast Management of California
818-991-1500