Close Unused Amenities – Close the pool in the winter if no one is using it. Cut hours for the fitness center if there are times when no one is there. If there are amenities no one is using or times when people truly are not using them no one will really mind when they are cut.
Sell Memberships – If you amenities are nice enough you can sell memberships to the pool tennis courts and fitness center, you can also allow guests to use them for a small fee.
Sell advertising – Sell advertising in the newsletter, in common areas and on the website. One easy way to sell advertising on the website is through Google adsense.
Lower Maintenance Landscaping. Many developers only think of initial costs when landscaping. Many times there is little thought put into long term landscaping costs. Roses and Hydrogena take much more care than bulbs and ornamental grasses.
Collect Past Due Fees. Monies owed to a condo association can drag it down. Also you want to make sure fees are collected before they get so high the property goes into foreclosure. Lawyers many be willing to work on contingency.
Insurance Claims – If in the last five years your association had to get a loan (like those from SBA or FEMA) for repairs (Storm, Hurricane, Natural Disaster, Tornado or any accident) your regular condo attorney many not be enough. Contact an attorney who focuses on insurance claims. Many insurance companies deny underpay insurance claims. Many times the law states that the insurance company has to pay the legal fees. Moreover, many attorneys will handle insurance claims in a way that no funds will be out of pocket.
Rehabilitate instead of Replace. Copper pipes can be restored to better than new condition with epoxy pipe lining from CuraFlo. It is generally 30% cheaper than re piping and is much less obtrusive. RLS Solutions offers sewer rehabilitation which can increase their life and save on costs.
Property Manager – Hire a property manager who is experienced in lowering costs. A property manger with experience will also know which contractors come in on budget and which ones have a history of not competing jobs on time.
Chirs Lim is one of the orlando FL lawyers who can help you with Florida condo law Advertising Agencies include Net Advertising Group

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