035 | Transforming a Divided HOA Board

HOA Insights: Common Sense for Common Areas

Jan 8 2024 • 28 mins

See how one HOA board member overcame division to enhance community and financial management.
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Witness the challenging journey of a dedicated, anonymous HOA board member as he navigates a divided HOA as the "odd one out'. With a budget of $500,000 for 125 units, John Doe's story unfolds the complexities of board dynamics and financial management. From his initial motivation to his analytical approach as treasurer, John has significantly improved transparency and financial handling within his association. Facing underfunded reserves and a top-down culture, he advocates for diversity, inclusivity, and open-mindedness. Learn from this board hero's experiences and advice to new members on persistence, contributing effectively, and making positive change no matter the circumstances.

Chapters from today's episode: Transforming a Divided HOA Board

00:00 Intro to being on the HOA Board
02:51 About This Board Hero
03:40 Why I Joined the Board
06:35 Changing the HOA at Large
09:30 The Best & Worst of Being on the HOA Board
11:10 Challenges of Being a Treasurer
16:06 The Culture of Your HOA Board
17:20 Your Board Needs Different Angles
18:29 How His Board is Improving
20:02 Animosity in the HOA Board
21:58 Ways This Board Can Improve
25:27 Advice for NEW Board Members
26:19 Advice for Odd Ones Out Board Members