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Why You Need to Increase Condo Fees Each Year

In managing a condo association, you need to make sure that the budget of your building is enough to cover upcoming expenses and inflation. One of the ways to do this is to increase condo fees. Learn more about condo fee increases in this video. Eliminate bad tenants, late rent payments, and property headaches today with Boston HOA Management! * * * * HOA management is a 24/7 job. You want a proactive property manager with the experience to provide guidance, options, and solutions for your condo association’s problems and needs. At Boston HOA Management, our goal is to improve the lives and properties of our owners by being proactive and preventing problems before they ever happen. Our 40+ years of experience in insurance, construction, and management allows us to provide a unique set of skills for every association we manage. We strive only for the highest level of accountability, communication, and transparency with every owner and building we manage. Stay connected! ►Know more at our website: https://bostonhoamanagement.com/ ►Like us on Facebook: Boston HOA Management | Facebook ►Connect with us on LinkedIn:   / boston-hoa-management   #condofees #condofeeincrease #HOAmanagement TIMESTAMPS: 00:00 Is it mandatory to increase condo fees in Boston, MA to 3%? 00:08 At least a minimum 3% increase in condo fees 00:29 What makes you think that the expenses on your budget don't go up as well? 01:29 The Boston HOA Guarantee