The Future of HOA Financial Management: Trends and Tools

The Future of HOA Financial Management: Trends and Tools

Posted by Omega Property Management | Nov 27, 2024

Every homeowner’s association (HOA) needs good financial management. It does not matter whether your community is self-managed or uses a community property management company. Financial management is the cornerstone of a well-functioning HOA.  Yet, in the last few years, the world of financial management has…

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Fall (2024) Board Training Recap!

Fall (2024) Board Training Recap!

Posted by Omega Property Management | Nov 13, 2024

Once again, we had a fantastic time at our Board Training last week! In partnership with Eric Skarnes of Insurance Warehouse, we had an insightful discussion on the latest insurance laws affecting Minnesota homeowners. We had a great time that was open to questions and…

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Why Is It Difficult to Find HOA Insurance for Minnesota Properties?

Why Is It Difficult to Find HOA Insurance for Minnesota Properties?

Posted by Omega Property Management | Nov 11, 2024

There’s been a disruption in the HOA insurance market in Minnesota for some time now. As they attempt to recover from many years of high claims, many insurance companies are increasing premiums or pulling out of the HOA market completely. Those that remain are charging…

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