• 082 | HOA Board Heroes: Delivering Value & Protecting Your HOA's Investments

  • Dec 2 2024
  • Length: 27 mins
  • Podcast

082 | HOA Board Heroes: Delivering Value & Protecting Your HOA's Investments

  • Summary

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    Pam Home, a dedicated HOA board member, shares creative ways to save money, engage homeowners, and protect investments
    ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/

    Pam Home, an exemplary HOA board member at Union Terrace Cooperative, proves what it means to be a true board hero. In this episode, Pam dives into the importance of reserve studies and explains how following them can help avoid special assessments. She shares innovative methods she’s used to save money for the community, including acquiring free plants and decorative fencing from nearby construction sites. Pam also discusses the challenges of engaging homeowners, her experience with hybrid board meetings, and the value of professional property management. Union Terrace Cooperative operates with a $300,000 annual budget and a reserve fund currently at 30%, and Pam is on a mission to improve those numbers.

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    Chapters

    00:00 PAY ATTENTION to Your Reserve Study
    01:25 Introduction to HOA Board Hero Pam Home
    02:25 What First Motivated Pam to Join Her HOA & Her First Experiences
    05:35 The Special Talents Pam Brings to Her HOA Board
    09:17 Pam’s Experience Recruiting Board Members
    11:34 Ad Break - Kevin Davis Insurance Services
    12:03 How Pam’s HOA Conducts Their Meetings
    15:20 What’s Keeping Pam’s HOA Motivated
    18:04 How She Communicates With Her Board to Resolve Conflicts
    19:33 Pam’s HOA Annual Budget
    22:16 Pam’s Thoughts on the Value of a Professional Property Manager
    24:47 Pam’s Closing Thoughts for Board Members

    The views & opinions expressed in this program are those of the Hosts & Guests, intended to provide general education about the community association industry. The content is not intended to provide specific advice or recommendations for any individual or organization. Please seek advice from licensed professionals.

    Podcast Links:
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    Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com

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    HOA insights now has its very own merch store! Our team has whipped up some hats, mugs, T-Shirts, & more that we think Volunteer HOA Boardmembers are gonna love. We also offer dozens of FREE zoom backgrounds. Available in our Boardmember Merch Store!

    Connect with Hosts on LinkedIn

    Julie Adamen
    https://www.linkedin.com/in/julieadamen/

    Kevin Davis, CIRMS
    https://www.linked...

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