069 | HOA Board Heroes: How to Manage a Large HOA Well

HOA Insights: Common Sense for Common Areas

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Are you an HOA board member looking for strategies to manage a large community effectively? Jim Hopkins shares his experiences and tips for managing a 12,000+ unit HOA board!
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/
In this episode of HOA Insights, Jim Hopkins, a board member at Laguna Woods Village, shares his journey of managing a large HOA board. Discover the unique challenges of serving on a board for a community of over 12,000 units and the importance of patience, professionalism, and strategic planning. Learn how Jim's board transitioned to self-managed property services, the importance of proactive reserve planning, and effective communication strategies to engage 18,000 residents. Whether you're a seasoned board member or new to HOA governance, this episode provides valuable insights into managing a large HOA successfully.
Chapters From This Week's Episode:
00:00 Patience is Critical For a HOA Board Member
00:55 A Thankless Job - HOA Board Heroes
02:09 Ad Break - Kevin Davis Insurance Services
02:37 Intro to Jim Hopkins HOA Board Hero
04:04 What Motived Jim to Join a Massive HOA
05:11 The Community Structure of Laguna Woods
07:27 The Relative Ease of Getting Elected to Jim’s HOA Board
09:27 How Many Hours Per Week Jim Works for His HOA & the Personality He Brings to the Board
11:01 Jim’s Favorite & Least Favorite Parts About Being on a HOA Board
11:58 How a Post-Covid World Effected Virtual Meetings & Topics for Jim
15:09 Jim Talks About the Culture of His HOA Board
17:22 How Jim’s Association Bought Their Own Property Management Company
19:27 Jim Talks About How Well Funded His Associate is
26:02 What Jim and His HOA Board Are Focused on For Next Year
28:52 Jim’s Words of Advice for Other HOA Boards and Their Members

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Kevin Davis, CIRMS
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Chapters

1. Patience is Critical For a HOA Board Member (00:00:00)

2. A Thankless Job - HOA Board Heroes (00:00:55)

3. Ad Break - Kevin Davis Insurance Services (00:02:09)

4. Intro to Jim Hopkins HOA Board Hero (00:02:37)

5. What Motived Jim to Join a Massive HOA (00:04:04)

6. The Community Structure of Laguna Woods (00:05:11)

7. The Relative Ease of Getting Elected to Jim’s HOA Board (00:07:27)

8. How Many Hours Per Week Jim Works for His HOA & the Personality He Brings to the Board (00:09:27)

9. Jim’s Favorite & Least Favorite Parts About Being on a HOA Board (00:11:01)

10. How a Post-Covid World Effected Virtual Meetings & Topics for Jim (00:11:58)

11. Jim Talks About the Culture of His HOA Board (00:15:09)

12. How Jim’s Association Bought Their Own Property Management Company (00:17:22)

13. Jim Talks About How Well Funded His Associate is (00:19:27)

14. What Jim and His HOA Board Are Focused on For Next Year (00:26:02)

15. Jim’s Words of Advice for Other HOA Boards and Their Members (00:28:52)