5 Common HOA Mistakes and How to Avoid Them
Hales Property Management, Inc.
by Hales Property Management
2w ago
If you live in a building governed by a Homeowners Association (HOA) or are considering becoming an HOA board member, it is important to know and understand the responsibilities that can come with an association as an HOA plays a central role in the proper functioning of the condo community. Below, we will explore the most common HOA mistakes and offer some suggestions on how to avoid them, ensuring a vibrant and healthy condo community. 5 Common HOA Mistakes and How to Avoid Them 1) Not Reviewing Financials HOAs need to conduct thorough financial reviews. Failing to scrutinize financial state ..read more
Visit website
What Does a Condo Association Management Company Do?
Hales Property Management, Inc.
by Hales Property Management
2w ago
Most condo communities have a condo owners association (COA) or homeowners association (HOA) board that oversees the general functioning of the building. However, there are nuances to this role that may require some outside support. This is where a condo association management company comes into play. These companies support and manage the HOA, carrying crucial responsibilities, improving communication, handling finances, and taking charge of maintenance. Read on to uncover how these companies play a practical role in shaping well-managed and vibrant condominium communities. What is a Condo As ..read more
Visit website
Dealing with Challenging Neighbors
Hales Property Management, Inc.
by Hales Property Management
2w ago
Residing in a condo building brings numerous benefits, such as a strong sense of community and shared responsibility. Addressing issues with tact and understanding is key to fostering a harmonious living environment. In this guide, we’ll explore effective strategies on how to deal with challenging neighbors and promote a positive community atmosphere. How to Deal with Challenging Neighbors Don’t Assume Everything is About You One of the first steps in managing challenging neighbor situations is to avoid making assumptions. If someone seems distant or brushes past you without a greeting, it may ..read more
Visit website
Dealing with Challenging Neighbors
Hales Property Management, Inc.
by Keith Hales
1M ago
Residing in a condo building brings numerous benefits, such as a strong sense of community and shared responsibility. Addressing issues with tact and understanding is key to fostering a harmonious living environment. In this guide, we’ll explore effective strategies on how to deal with challenging neighbors and promote a positive community atmosphere. How to Deal with Challenging Neighbors Don’t Assume Everything is About You One of the first steps in managing challenging neighbor situations is to avoid making assumptions. If someone seems distant or brushes past you without a greeting, it may ..read more
Visit website
How to Avoid Frozen Pipes in Your Condo
Hales Property Management, Inc.
by Keith Hales
1M ago
Winter in Chicago brings the charm of snowy landscapes and cozy evenings, but it also poses challenges for condo owners, especially when it comes to frozen pipes. The potential damage caused by frozen pipes is not only inconvenient but can also result in costly repairs. In this post, we will explore practical steps to help you prevent frozen pipes in your condo. From identifying vulnerable areas to maintaining a consistent temperature, these tips ensure a proactive approach to winter pipe safety. How to Avoid Frozen Pipes in Your Condo Avoiding frozen pipes in your condo is essential during th ..read more
Visit website
8 Tips for Happy Residents in Your Chicago Condominium
Hales Property Management, Inc.
by Hales Property Management
2M ago
Living in a condo building should be a delightful experience for every resident, fostering a sense of community and satisfaction. As a board member, you play a crucial role in shaping this environment. By actively engaging with residents and implementing resident-centric policies, you contribute to a harmonious community that residents are proud to call home. Let’s explore some essential tips to further enhance the quality of living in your Chicago condo building. Tips For Happy Condo Residents Implementing thoughtful communication strategies, maintaining accessibility, and fostering a sense o ..read more
Visit website
End of the Year Real Estate Market Review: A Recap of 2023
Hales Property Management, Inc.
by Hales Property Management
3M ago
As we bid farewell to 2023, it’s time to check in on the real estate market. What happened in 2023 and where might things go in 2024? From the impact of fluctuating mortgage interest rates to the influence of low inventory on pricing dynamics, our analysis aims to empower you with the knowledge needed to navigate sale and purchase decisions. Mortgage Interest Rates Remain High This year, interest rates have been a central focus in the real estate narrative. Despite a recent slight drop, they remain higher than the levels observed in 2022, and some of the highest in the past 20 years. According ..read more
Visit website
How to Tell if Your Condo Building is Well-Managed
Hales Property Management, Inc.
by Keith Hales
3M ago
As a condo owner or HOA board member, having your building managed well marks the difference between thriving and pulling your hair out. The signs of sound management can be observed in various aspects of the property. Here, we explore four key indicators that signify a well-managed building. 4 Signs a Building is Well Managed A well-managed building is not just a win for property owners and investors; it’s a win for residents, the HOA board, and the overall community. Here are 4 key indicators that your building is well managed: The Property is Well Maintained The property’s facade, landscapi ..read more
Visit website
Winter Maintenance Tips: How to Prep Your Building For Winter
Hales Property Management, Inc.
by Keith Hales
4M ago
Winter in Chicago often brings unique challenges for property owners and managers. The combination of cold temperatures, snow, and ice can pose significant risks to your property. Effective winter maintenance not only safeguards your investment in your building but also upholds the safety and comfort of your residents. From handling snow removal services to insulating pipes, the following tips will equip you with the knowledge and tools you need to protect your property and preserve its value during the challenging winter months. Winter Maintenance Tips By following these expert winter mainten ..read more
Visit website
10 Fire Prevention and Safety Tips for Condo Owners
Hales Property Management, Inc.
by Keith Hales
4M ago
Fire safety should be a top priority for all condo owners in Chicago. Not only does it protect your valuable investment, but it also ensures the safety of residents and neighbors. As a condo owner, it’s crucial to be proactive in preventing fires. In addition, Chicago’s dynamic and densely populated urban landscape presents unique challenges when it comes to fire safety, making it imperative for condo owners and property managers to stay vigilant. A commitment to fire prevention not only safeguards your property but also contributes to the overall well-being of your vibrant Chicago neighborhoo ..read more
Visit website

Follow Hales Property Management, Inc. on FeedSpot

Continue with Google
Continue with Apple
OR