Carol Laurence shares info on generational HOA leadership on community management, budgeting, and engagement!
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What does it take to be a successful HOA board leader? In this episode, Carol Laurence shares her years of experience managing a 75-unit condominium with a $400,000 budget, tackling challenges like miscommunication, rising costs, and homeowner engagement. Learn the essential skills HOA board members need to build strong communities, handle budgeting concerns, and create real impact.
Chapters From This Episode:
00:00 Introduction to HOA Board Heroes
01:25 Carol Laurence’s Community Service Journey
03:10 Managing a 75-Unit Condominium & Budget Challenges
05:45 The Role of HOA Board Members in Leadership
07:30 Challenges with New Homeowners & Miscommunication
10:15 The Rising Cost of Insurance & Financial Management
12:40 Advice for New HOA Board Members13:34 Ad Break - FiPhO Score
14:55 The Importance of Networking & Community Engagement
17:30 The Federal Corporate Transparency Act (CTA) & HOA Risks
19:20 Impact of Rising Living Costs on Homeownership
21:05 Encouraging Homeowner Involvement in HOA
23:40 Future HOA Projects & Improvements
26:10 Final Advice for Homeowners & Board Members
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