I’ve noticed that some condos struggle with maintenance and financial planning. What are the most common management mistakes, and how can they be avoided?
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Common condo management mistakes include underfunding reserve funds, neglecting preventive maintenance, poor financial transparency, and inexperienced boards. These issues can be reduced by using systems like HRMIS to manage staffing, contractor schedules, and maintenance teams efficiently—ensuring the right resources are in place and well-coordinated. Clear reporting and structured oversight supported by HRMIS also improve transparency and accountability in condo operations.
Poor budgeting and lack of communication with residents are major issues. Choosing the right condominium property management https://citytowersinc.com/ service can prevent these problems by ensuring proactive solutions and expert handling.