163 | How a Florida HOA Lost 2 MILLION to Fraud

164 | "Preferred" HOA Vendors May Not Be Your Friend

Send us Fan Mail [https://www.buzzsprout.com/2173556/fan_mail/new] Are your HOA vendors truly serving your community or just benefiting from a trusted relationship? Listen to find out the signs that might be costing your association! ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/ [https://www.reservestudy.com/] This week, Robert sits down with Board Hero, Peter Isakovic, a homeowner and board member from Colorado. He serves on the board of the CAI Rocky Mountain Chapter, and came to our attention as the author of a recent article for Common Interest, “Are ‘Preferred’ Contractors Preferred?”. The cautionary article discussed the importance of upholding the standard and integrity of your HOA’s vendors, while creating the best outcome for your community’s health and financial future. HOA Insights continues to set you up for success, ensuring you make the best financial decisions for your community by understanding blind spots that could be costing you money.  Chapters: 00:00 Why homeowner trust matters in HOA leadership 00:52 Introducing Peter Isakovic and the HOA vendor problem 03:41 How Peter got involved with his HOA board 06:21 Why homeowner voices matter in community associations 08:27 Running your HOA like a business 10:00 Why board members need to question vendors 12:25 When a management company relationship goes wrong 14:10 Death by a thousand paper cuts: hidden HOA costs 16:52 The $28,000 front door that raised red flags 18:18 Facing HOA financial reality and homeowner pushback 21:23 The importance of transparency with homeowners 22:48 Sponsor Break - Association Reserves 23:19 Reviewing invoices and finding costly mistakes 25:12 Curiosity, courage, and effective HOA leadership 27:18 Building trust through visibility and communication 28:01 Why proper licensing and insurance matter 29:27 Contract language can make or break your HOA 31:10 Building your own trusted vendor network 34:21 Final lessons for protecting HOA finances 35:41 Closing thoughts and key takeaways 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. Podcast Links: Full Episode List [https://www.hoainsights.org/] Watch On Youtube [https://www.youtube.com/playlist?list=PLPQc4d3KbcskG7XNc9flke9zro4EJCnF_] Engage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com [podcast@reservestudy.com] Nominate yourself or a Board Hero you Know! Board Hero Nominations [https://www.surveymonkey.com/r/5SJS7B9] Boardmember Merch [https://boardheroes.sellfy.store/] Store! Connect with Hosts on LinkedIn Julie Adamen [https://www.linkedin.com/in/julieadamen/] Kevin Davis, CIRMS [https://www.linkedin.com/in/kevin-davis-98105a12/] Robert Nordlund, PE [https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/] Support Our Sponsors Association Insights & Marketplace [https://www.ourfipho.com/] Association Reserves [https://www.reservestudy.com/] Community Financials [https://communityfinancials.com/] Kevin Davis Insurance Services [https://www.kdisonline.com/] Stoke Light Video & Marketing [https://stokelight.com/] The Inspectors of Election [https://inspectorsofelection.com/]

163 | How a Florida HOA Lost 2 MILLION to Fraud

Send us Fan Mail [https://www.buzzsprout.com/2173556/fan_mail/new] A Florida HOA lost $2 million to HOA board fraud. Learn the warning signs before it happens to you. ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/ [https://www.reservestudy.com/] Episode #163 might just be our craziest story yet, and in a new fashion! Kevin Davis tells a story of how an unchecked board president can put you and your community in grave financial danger. This episode covers how a Florida HOA lost nearly $2 million when a small group on the inside used shell companies, hidden records, and control of the board to drain the association’s funds. When we learned what happened, we knew our listeners needed to hear this story so you can recognize the red flags early and protect your own community. Chapters: 00:00 How did the HOA hide records from homeowners and investigators? 01:01 How did a Florida HOA lose $2 million to fraud? 02:05 How did the fraud scheme begin before the president took office? 03:09 How were shell companies used to siphon HOA funds? 04:33 Why did homeowners begin questioning the HOA board? 05:49 How did commingling funds help conceal the fraud? 07:12 How were records hidden from homeowners and police? 08:17 How did election fraud help keep the scheme alive? 09:17 What happened after the board members were convicted? 10:29 How did the HOA begin rebuilding after the fraud? 11:57 Ad Break - Kevin Davis Insurance Services 12:29 What insurance coverage should every HOA carry? 14:26 Why is directors and officers insurance so important? 15:36 How does board training prevent fraud and liability? 17:54 Why should HOAs have a fraud prevention policy? 19:10 Why is independent oversight critical for HOA finances? 20:08 How does transparency help stop fraud before it grows? 21:20 Why should boards always trust but verify? 22:18 How can conflicts of interest create major HOA risks? 23:24 What final lessons can HOA boards learn from this case? 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. Podcast Links: Full Episode List [https://www.hoainsights.org/] Watch On Youtube [https://www.youtube.com/playlist?list=PLPQc4d3KbcskG7XNc9flke9zro4EJCnF_] Engage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com [podcast@reservestudy.com] Nominate yourself or a Board Hero you Know! Board Hero Nominations [https://www.surveymonkey.com/r/5SJS7B9] Boardmember Merch [https://boardheroes.sellfy.store/] Store! Connect with Hosts on LinkedIn Julie Adamen [https://www.linkedin.com/in/julieadamen/] Kevin Davis, CIRMS [https://www.linkedin.com/in/kevin-davis-98105a12/] Robert Nordlund, PE [https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/] Support Our Sponsors Association Insights & Marketplace [https://www.ourfipho.com/] Association Reserves [https://www.reservestudy.com/] Community Financials [https://communityfinancials.com/] Kevin Davis Insurance Services [https://www.kdisonline.com/] Stoke Light Video & Marketing [https://stokelight.com/] The Inspectors of Election [https://inspectorsofelection.com/]

162 | Handle Conflict at HOA Board Meetings WITHOUT The Drama

Send us Fan Mail [https://www.buzzsprout.com/2173556/fan_mail/new] The best HOA board meetings handle disagreement without creating division or drama. Learn how to handle conflict! ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/ [https://www.reservestudy.com/] I'm here today for Episode #162 with a return special guest, Jim Slaughter, who joined us in the early days of the podcast for Episode #7. He is the President of Law Firm Carolinas, practicing throughout North and South Carolina. He regularly speaks on issues of real estate and community association law, and has written hundreds of HOA and condo articles. He has served as the National President of CAI’S College of Community Association Lawyers,  President of the North Carolina Chapter of CAI, and President of the American College of Parliamentary Lawyers. Jim is nothing short of an expert; he is certified as a professional parliamentarian, professional registered parliamentarian, educator, and has written four books on running effective meetings. He holds a special position as the person to serve on the most parliamentarian organizations, from small HOA boards to annual meetings of 8,000 delegates. Today Jim joins us to help you successfully run orderly HOA board meetings that frame your association in a positive light, guiding your association into the future. Chapters: 00:00 Why should HOA board meetings sometimes become more formal? 00:57 Who is Jim Slaughter and why does his experience matter? 05:00 Do HOA boards really need to follow Robert’s Rules? 06:07 How formal should small HOA board meetings actually be? 07:18 Why do larger HOA meetings require more structure? 09:43 How can small boards stay casual but still professional? 11:05 What rights do homeowners have during board meetings? 13:54 How can unanimous consent speed up meetings? 15:58 Why do good agendas make meetings easier to manage? 17:32 What should HOA meeting minutes actually include? 19:21 How can chairs clearly guide motions and voting? 21:37 Why does a calm chair create better meetings? 22:41 How do HOA boards handle disruptive members? 24:30 Ad Break - Community Financials 25:20 When should a board become more formal during conflict? 28:09 Should HOA rules change because of difficult personalities? 30:02 How should chairs respond to disruptive behavior? 31:12 Why is de-escalation better than confrontation? 32:06 When should HOA meetings use security presence? 33:55 Why do homeowners behave better in fair meetings? 34:07 How should board members handle disagreements professionally? 35:57 Can avoiding meetings become a fiduciary issue? 36:28 What final advice helps HOA boards run successful meetings? 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. Podcast Links: Full Episode List [https://www.hoainsights.org/] Watch On Youtube [https://www.youtube.com/playlist?list=PLPQc4d3KbcskG7XNc9flke9zro4EJCnF_] Engage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com [podcast@reservestudy.com] Nominate yourself or a Board Hero you Know! Board Hero Nominations [https://www.surveymonkey.com/r/5SJS7B9] Boardmember Merch [https://boardheroes.sellfy.store/] Store! Connect with Hosts on LinkedIn Julie Adamen [https://www.linkedin.com/in/julieadamen/] Kevin Davis, CIRMS [https://www.linkedin.com/in/kevin-davis-98105a12/] Robert Nordlund, PE [https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/] Support Our Sponsors Association Insights & Marketplace [https://www.ourfipho.com/] Association Reserves [https://www.reservestudy.com/] Community Financials [https://communityfinancials.com/] Kevin Davis Insurance Services [https://www.kdisonline.com/] Stoke Light Video & Marketing [https://stokelight.com/] The Inspectors of Election [https://inspectorsofelection.com/]

161 | HOA Building Maintenance Tips to Avoid the Next BIG Disaster!

Send us Fan Mail [https://www.buzzsprout.com/2173556/fan_mail/new] Learn the top HOA building maintenance tips that will help your board spot the dangers early and avoid costly structural repairs! ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/ [https://www.reservestudy.com/] What can HOA boards do today to prevent tomorrow's building disasters? In this episode, engineering expert Greg Batista of G. Batista Engineering & Construction shares practical HOA building maintenance strategies, including painting, waterproofing, concrete repair, maintenance logs, crack monitoring, and proactive inspections. See how these early action steps can reduce costs, improve safety, and help associations avoid major structural issues. Chapters: 00:00 What happens when HOA building problems get ignored? 02:35 Where can HOA board members find resources? 03:45 What maintenance systems help HOAs track building issues? 06:25 Are most HOA service companies proactive with maintenance? 07:43 Why should HOAs start building maintenance planning early? 09:23 Can basic maintenance technology help HOAs catch problems early? 10:05 Why is this one of the best HOA building maintenance investments? 11:22 How does familiarity blindness affect HOAs? 13:24 What hidden issues can painting reveal in HOA buildings? 14:22 Do small proactive tasks really help HOA building maintenance? 15:26 How do financial pressures impact HOA building maintenance? 16:44 Why should HOAs act quickly when they spot building problems? 17:34 What lessons can HOAs learn from real disasters & concrete neglect? 18:56 Our FiPhO - Ad Break 19:53 What is concrete spalling and why is it dangerous for buildings? 23:10 Why is waterproofing critical for HOA building maintenance? 25:08 When should HOA boards call a structural engineer? 26:15 What can help monitor structural concerns in HOA buildings? 28:30 What are the 4 C’s of effective HOA leadership for building care? 33:20 What is the key takeaway for proactive HOA building care? Podcast Links: Full Episode List [https://www.hoainsights.org/] Watch On Youtube [https://www.youtube.com/playlist?list=PLPQc4d3KbcskG7XNc9flke9zro4EJCnF_] Engage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com [podcast@reservestudy.com] Nominate yourself or a Board Hero you Know! Board Hero Nominations [https://www.surveymonkey.com/r/5SJS7B9] Boardmember Merch [https://boardheroes.sellfy.store/] Store! Connect with Hosts on LinkedIn Julie Adamen [https://www.linkedin.com/in/julieadamen/] Kevin Davis, CIRMS [https://www.linkedin.com/in/kevin-davis-98105a12/] Robert Nordlund, PE [https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/] Support Our Sponsors Association Insights & Marketplace [https://www.ourfipho.com/] Association Reserves [https://www.reservestudy.com/] Community Financials [https://communityfinancials.com/] Kevin Davis Insurance Services [https://www.kdisonline.com/] Stoke Light Video & Marketing [https://stokelight.com/] The Inspectors of Election [https://inspectorsofelection.com/]

160 | What Fannie Mae’s 2027 Reserve Change Means for HOAs

Send us Fan Mail [https://www.buzzsprout.com/2173556/fan_mail/new] Fannie Mae’s 2027 changes could impact HOA lending standards nationwide. Here’s what boards need to know. ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/ [https://www.reservestudy.com/] 🏠 Condo Status Finder: https://singlefamily.fanniemae.com/condo-status-finder [https://singlefamily.fanniemae.com/condo-status-finder] ✉️ Fannie Mae's March 18th Lending Letter: http://www.reservestudy.com/wp-content/uploads/2026/05/LL-2026-03-Project-Standards_Insurance-03-18-26.pdf [http://www.reservestudy.com/wp-content/uploads/2026/05/LL-2026-03-Project-Standards_Insurance-03-18-26.pdf] Today we have on the show Jodi Horne, she's principal of single family collateral risk management at Fannie Mae, and that's a long title, but what that all means is that she's the one at Fannie Mae ultimately responsible for lending standards affecting community associations and their latest lending standard update in particular, so at any time Fannie Mae or Freddie Mac make an adjustment to their lending standards. It sends ripples throughout the community association and the entire lending industry. So, to lower your anxiety and to hear what's really going on, we have Jodi here on the program today, speaking publicly on this issue.  Chapters: 00:00 Why is Fannie Mae changing reserve requirements? 00:51 Who is Jodi Horne and why does this update matter? 04:03 What role does Fannie Mae play in HOA lending standards? 05:05 Why did Fannie Mae decide to make this change? 07:45 Why should HOA homeowners care about these requirements? 08:42 What are the two major reserve policy changes? 12:24 When do the new reserve requirements take effect? 14:22 Is this a national standard or a regional change? 15:24 Ad Break - Association Reserves 15:56 Why was the reserve threshold increased from 10% to 15%? 17:58 Who reviews reserve studies and reserve funding levels? 19:06 What qualifies as an acceptable reserve study? 20:45 Why is baseline funding no longer acceptable? 24:05 How do associations support mortgage financing eligibility? 25:23 How long did it take to develop these changes? 27:00 Was the Champlain Towers collapse the reason for this update? 28:59 What should HOA boards do next to prepare? 30:49 Where can boards find the Fannie Mae resources discussed today? Podcast Links: Full Episode List [https://www.hoainsights.org/] Watch On Youtube [https://www.youtube.com/playlist?list=PLPQc4d3KbcskG7XNc9flke9zro4EJCnF_] Engage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com [podcast@reservestudy.com] Nominate yourself or a Board Hero you Know! Board Hero Nominations [https://www.surveymonkey.com/r/5SJS7B9] Boardmember Merch [https://boardheroes.sellfy.store/] Store! Connect with Hosts on LinkedIn Julie Adamen [https://www.linkedin.com/in/julieadamen/] Kevin Davis, CIRMS [https://www.linkedin.com/in/kevin-davis-98105a12/] Robert Nordlund, PE [https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/] Support Our Sponsors Association Insights & Marketplace [https://www.ourfipho.com/] Association Reserves [https://www.reservestudy.com/] Community Financials [https://communityfinancials.com/] Kevin Davis Insurance Services [https://www.kdisonline.com/] Stoke Light Video & Marketing [https://stokelight.com/] The Inspectors of Election [https://inspectorsofelection.com/]