Keeping Assessments Low Can Cost More – Common Interest Podcast Episode 23

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Keeping Assessments Low Can Cost More
This episode features Janet Nelson CMCA, AMS from FirstService Residential. Janet is in a rare position to have experienced leadership from both the volunteer leader and professional manager sides of association management. In this episode, Janet shares a story from before her career as a community association manager, in her own association when she took on the role of President.

This self-managed association finds itself in a crisis amidst crises, with a major project that needs to be done and national catastrophes making things even more difficult. The roof on their building is months away from catastrophic failure and has two more layers than building code allows. Kicking the can down the road by deferring proper maintenance of the roof has finally caught up with them.

Janet, in her very first board meeting as President, needed to explain to her neighbors why a special assessment is necessary. Learn how this experience has shaped her perspective on community association management.

About the Common Interest Podcast
New episodes will be available for download every 1st and 3rd Tuesday, listen to them in your favorite Podcast app or listen to them here in the CAI Illinois Blog. The Common Interest Podcast is now available for free download from several podcast directories, including:

If you have a story you’d like to share on the Common Interest Podcast, contact Brandon at the CAI Illinois office – [email protected] or (847)301-7505 for more information on how you can get involved.