Lower Recurring Costs

This is the part every HOA board member dreads. They dread it so much, it’s rarely done. Yup, you guessed it. We are talking about analyzing data - both recurring bills and contracts. But, if it’s done correctly, it can help you identify key areas of opportunity to improve efficiencies, reduce costs and lower your HOA fees.

We recommend you start with the recurring bills first and then move to the contracts. An analysis should be completed yearly for your recurring bills. Not only should you be looking at the bills and approving them monthly, you should also do an end-of-year analysis and review to ensure that you are staying in alignment with the budget.

Welcome to your first step towards understanding recurring costs, identifying trends and making informed decisions!