October 2020

What does simplicity mean for an HOA?

Welcome to THE NABE, Kohab’s blog space where we act, engage, and discuss all things HOA.  It’s real talk, amongst neighbors- The NABE!

Welcome HOA Board Members and Homeowners!!

Errrr…. Wait.

Before we start, can we talk about the elephant in the room?

HOA management, HOA living.  Most of the time, things run smoothly.  But at times, it can be overly-complicated and amazingly difficult to get things done, to get information, and to get a straight answer.  HOA homeowners we know you are often in frustrating positions, without clear information, direction, or anyone to answer your questions.  And board members, we know it takes a lot of your time, personal time, to manage the abundance of complaints, tasks, and information seeking.  And the toughest part? Sometimes at the end of all of it, you still can’t get access to the information you need.

It’s a lot.

Okay, thanks, we feel better already just getting that off our chest.

Phewww.

Okay, now… the good stuff.

We know that because we live in and manage HOAs ourselves.  And THAT, is why we started Kohab- to make managing and living in an HOA simple and transparent- to give you back important time.

What does simplicity mean for an HOA?  

It means being easy to understand, easy to do, and easy to communicate.  And simplicity is super important to us, because we know how important it is to you.

We’re talking automation and access.

We designed Kohab to automate all of the daily tasks, reports, and collections of information for HOAs.

While the technology platform is simple, it’s revolutionary to HOAs: First, property managers and board treasures set up the HOA Collective, which is inclusive of all financial and HOA information.  Second, homeowners plug into the newly created Kohab Collective  where they can pay their monthly assessments.  From there, we have lift off and immediate access to:

–               Monthly budget reports

–               Annual budget planning

–               Assessment allocation and spending reports

–               Assessment tracking status and follow up functions

–               HOA bylaws

–               Board meeting schedules and minutes reports

–               Voting applications

–               Maintenance requests and more….

It’s simple.  And it works.  Come on over to Kohab!

 

September

Let’s talk transparency

Welcome to THE NABE, Kohab’s blog space where we act, engage, and discuss all things HOA.  It’s real talk, amongst neighbors (The NABE!).

This month we want to talk about transparency.  It’s super important to us, because we know how important it is to you.

What does transparency look like in an HOA?

At Kohab, transparency means immediate, real-time access to your HOA.

Transparency means clear and accurate information.  When it comes to budgets and bylaws, there is no room for ambiguity.   Numbers are black and white.  Rules and regulations are black and white.

Transparency also means accessibility to information for all members: board members, homeowners, and key stakeholders, alike.  And when we say access, we mean real access.  Financial budgets should be accessible to HOA presidents, secretaries, treasurers, homeowners, and property managers alike.

Why is transparency important?

Transparency allows all members of a shared organization – in other words, your HOA – the information needed to make timely and accurate decisions to protect investments and property value.  Transparency allows for clarity amongst community members on rules, procedures, bylaws, and agreements.

Moreover, transparency saves you time.  When information is clear and readily available, the time spent digging for or communicating the same information to multiple parties.

Most importantly, cultivating a high-functioning culture with your HOA requires open, transparent communication. Information must be shared upward, downward, and laterally. Transparent communication fosters trust, accountability, and security.  All of the pillars required to lead your HOA successful.

How do you cultivate transparency?

At Kohab, we’re clearing the way for an elevated HOA experience through simplicity and transparency.   The Kohab platform concept is simple, yet revolutionary to HOAs: First, property managers and board treasures set up the HOA Collective, which is inclusive of all financial and HOA information.  Second, homeowners plug into the newly created Kohab Collective  where they can pay their monthly assessments.  From there, we have lift off and immediate access to:

–               Monthly budget reports

–               Annual budget planning

–               Assessment allocation and spending reports

–               Assessment tracking status and follow up functions

–               HOA bylaws

–               Board meeting schedules and minutes reports

–               Voting applications

–               Maintenance requests and more….

It’s simple.  And it works.  Come on over to Kohab, where transparency rules the day.

August 2020

Becoming a Homeowner within an HOA

Meet Lauren, a first-time homeowner, learning everything there is to know about buying a new home and being a member of a homeowner’s association.

Buying your first home or finding your dream home is no small thing- it’s life changing.   Below, we’ve outlined the a-b-c’s of homeowner’s associations (HOAs) so you can make the best decisions about your purchase and navigate the rules and regulations of HOA communities.

A. HOA members are elected from among the residents and serve to maintain grounds, master insurance, community utilities, as well as the overall finances of the building complex or community. Important questions to ask:

  • How often are board votes held?
  • How does the HOA handle conflicts with residents?
  • Does the HOA have green provisions?
  • Are there parking restrictions?
  • Does the HOA have rules for fences?

B. HOAs will require all unit owners to pay a monthly maintenance charge and may also demand special one-time assessments to cover large community expenses.  What kind of questions to ask:

  • How much are dues?
  • How often are they assessed?
  • What are the average increases over time?
  • How often are there special assessments?
  • Is building maintenance included?

C. Amenities, such as access to a pool, gym, golf course, laundry, security or lounge are often included with HOA dues.  When looking at a property that has an HOA, the first thing you should consider is what’s included.

  • What amenities are included?
  • Does HOA maintain landscaping?

While we’ve designed this post to make your house-hunting easier, we’ve also created KOHAB to make living in an HOA easier, with transparency into all of the components above.

If you’d like more information about buying into an HOA, check out these helpful links:

https://www.investopedia.com/articles/mortgages-real-estate/08/homeowners-associations-tips.asp

Welcome to KOHAB

Welcome to KOHAB: Technology with a heart

Welcome to THE NABE blog, where we will highlight issues that impact your HOA (or homeowner’s association) communities, and open a conversation that enables us to create happier and healthier neighborhoods to live in. The NABE will feature several topics, such as HOA rights, anti-discrimination practicies, board development and best practices.

The NABE is developed by Kohab- the first and only online HOA management tool, that was designed to transform the way we interact within HOAs.

Kohab provides a simple, digital solution that connects you to your HOA.  It is designed to transform the way you manage your property and interact within your communities.

At Kohab, we say our motto is “Technology with a heart.”

We believe that by simplifying the HOA processes, providing transparency and accessibility to all, we can reestablish the importance of neighborhoods and community, in our modern era.  We believe that ALL members of an HOA are entitled to transparency and real-time information.  We believe that these are pillars of effective, thriving, and happy communities.  We believe that together, we can make great things happen.

Welcome to Kohab- technology with a heart, here to transform your HOA.

  • The Kohab Team