• 076 | Keep your HOA Out of the News! Courage and Communication Matters

  • Oct 21 2024
  • Length: 30 mins
  • Podcast

076 | Keep your HOA Out of the News! Courage and Communication Matters

  • Summary

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    Learn how Ed O’Connell and his HOA narrowly avoided a catastrophe and took action for the safety of their community.
    ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/

    In this episode, we sit down with Ed O’Connell to uncover how his HOA board averted a structural crisis in their 60-year-old condominium in Falls Church, Virginia. Ed walks us through how proactive management, quick decision-making, and clear communication with homeowners prevented a catastrophe like the one seen in Florida. From identifying structural issues to evacuating residents and securing funding for repairs, Ed and his team expertly navigated the situation, ensuring their HOA stayed out of the news. Tune in to hear about the importance of strong leadership, teamwork, and the strategies that allowed them to handle financial and insurance aspects effectively.

    Contact Ed O'Connell: eoconnell@whitefordlaw.com

    Chapters
    00:00 A crises was averted thanks to the HOA
    00:50 Introduction to Ed O'Connell
    04:03 How Ed’s HOA spotted a potential structural disaster
    06:29 Immediate actions and evacuation of the building
    11:39 How Ed’s HOA dealt with rehousing people in his HOA
    13:14 AD Break - Community Financials
    13:56 How Ed’s HOA handled communication & coordination with owners
    21:52 How Ed’s HOA handled the financial and insurance aspects
    26:52 Final outcome and future considerations

    The views & opinions expressed in this program are those of the Hosts & Guests, intended to provide general education about the community association industry. The content is not intended to provide specific advice or recommendations for any individual or organization. Please seek advice from licensed professionals.

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    Julie Adamen
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    Kevin Davis, CIRMS
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