by Pat Crosscombe, Founder & CEO | Nov 7, 2017 | Director, Renovations
Originally published in Vol 32 #4 September 27, 2017 in Condo Business Magazine Given how much corporations are likely to invest in renovation projects, it’s important to set them up for success. Here’s advice to help directors do just that. The reserve fund study...
by Pat Crosscombe, Founder & CEO | Sep 27, 2017 | BoardSpace, Director, Property Manager
I only want World-class Property Managers (WPM) to manage my condo. After working with many managers over the past ten years, I know first-hand that WPMs make my job as a condo board director much easier. What makes a WPM so amazing? I have found it often comes down...
by Pat Crosscombe, Founder & CEO | Sep 7, 2017 | BoardSpace, Communication, Governance, Minutes
Condo board directors attend a lot of meetings. Most condos have at least one board meeting a month and managers many more. During board meetings, directors make decisions that affect the entire condo community and property. Attending board meetings is a key part of...
by Pat Crosscombe, Founder & CEO | Jul 18, 2017 | BoardSpace, Director, Finance
Originally published in Condo Business Magazine May/June 2017. Vol.32 #2 Making decisions as a condo director is part of the job. Financial decisions, especially those involving special assessments or fee increases, are tough. Making tough decisions will never be...
by Pat Crosscombe, Founder & CEO | Mar 9, 2017 | BoardSpace, Director, Finance, Governance
This blog is part 2 of “Keep track of the money: Finance and Condos.” Financial policies are the topic of this post. Part 1 covers reviewing financial statements and condo fees, and Part 2 provides insights into the art of overseeing expenditures. Directors make...
by Pat Crosscombe, Founder & CEO | Feb 22, 2017 | Finance, Governance, Policy
Be sure to check out my post on governance policies for condo boards, and an earlier post on best practices for condo board communication. Financial policies are the topic of this post. I have divided into two parts. Part 1 covers reviewing financial statements and...
by Pat Crosscombe, Founder & CEO | Feb 2, 2017 | Director, Governance
Five things new condo directors need to know now Pat Crosscombe, CEO & Founder, Boardspace Originally published on Friday, December 16, 2016 in Condo Business Magazine What do new condo directors need to know right away? Congratulations on getting elected to the...
by Pat Crosscombe, Founder & CEO | Feb 2, 2017 | Newsletter
Happy New Year, Greetings! Yes, it’s getting a bit late to be saying Happy New Year but the year is still young and there is much to share. BoardSpace had a great 2016; a year of firsts. And much, much more is coming in 2017. First Webinar Presentation I had a blast...
by Pat Crosscombe, Founder & CEO | Jan 19, 2017 | BoardSpace, Director, Governance
In a previous post, I provided a checklist of best practices that successful boards use. Successful boards are made up of successful directors. What makes a successful condo board director? Here are five characteristics I’ve noticed that are common to the best...
by Pat Crosscombe, Founder & CEO | Dec 4, 2016 | Governance, Policy
Policies may not seem like an exciting topic, but they are crucial to the success of any condo board. I divide policies into three areas: governance, financial, and communications. An earlier post described best practices in communication. In this post, I start...
