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CAM’S BUSY SEASON IS HERE…
By
Rafael Aquino
Published June 29, 2022
Tomorrow is the last day of June, and we will
start the year's second half. While many enjoy their summers,
community association managers start ramping up what's the busiest
season of the year (3RD & 4TH QTR.) The latter
half of the year usually is comprised of budget season, peak
hurricane season, annual meetings, elections, holiday parties, and
more.
As management companies and managers alike begin
the preparations, what immediately comes to mind is this year's
budget season and the impacts of the new legislation. Many
associations don't have reserves, and it will be interesting how
they will be handled. Will they do the right thing and start funding
some reserves, or will they wait to see if potential changes are
made? That's the million-dollar question.
As an organization, we are making recommendations
to our clients that we need to have open and honest conversations
with the membership and start drawing out a plan for what these
changes will look like and what the impacts would be. The last thing
any owner would want is to be blinded-sided the end of 2023 with a
significant increase to their fees without any preparations.
Sitting on a board for an association with little
to no reserves will be challenging in the coming years. It's not to
say that now is the time to run, but now is the time to communicate
with your residents. It will be challenging, but like everything
else, the challenge will eventually pass. Further, once you are
fully funded and have the necessary funds in your reserves, you no
longer will procrastinate in doing what is needed in your
association.
The question is, will you take the steps now or
wait till later?
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As the Co-Founder and CEO
of Affinity Management Services, Rafael P. Aquino leads his team to
redefine excellence. They serve community associations
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and effectively with
dedication and passion. Rafael’s energy and positive
spirit is the foundation of Affinity Management
Services’ company culture, which instills enthusiasm and
excitement when providing expert advice to its board
members and relieving the day-to-day burdens of running
a community association.
Since 2007, Rafael has
developed a work culture that values responsive and
high-quality services. He has led his team by following
a proactive vs reactive philosophy. The same approach
Rafael instills in the day to day operations of each
association. Today, Affinity Management Services
maintains its success and benefits as a result of the
foundation Rafael has built and continues to foster by
providing educational seminars, continuing education
classes for association managers and board members
alike.
Rafael and his team help condominium and homeowners’
associations save money and improve their communities.
His calm, personable, and service-oriented nature helps
him to establish strong relationships with ease. Rafael
is known as a sincere and honest leader who looks out
for the best interests of his clients and communities,
and he strongly advocates for their needs. His role
requires coordination and communication, as such he
takes logical and intelligent steps to approach
challenges head-on.
As a graduate of Florida International University’s
electrical engineering program and a licensed community
association manager, Rafael’s education and skills equip
him with unique insights to tackle complex problems
through critical thinking. He understands how each
component within a system works together in order to
effectively arrive at solutions, techniques, and
conclusions. Therefore, as he manages the multiple
challenges of running a community association management
company, he understands how each property is its own
unique system and tailors’ specific services to assure
that all their needs are met.
For more information about Rafael P. Aquino and Affinity
Management Services please visit
www.ManagedByAffinity.com or call 1-800-977-6279
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Doral Office: 8200 NW 41st ST
Suite 200
Doral, FL 33166
Broward Office: 150 S Pine Island RD Suite 300
Plantation, FL 33324
O: 800-977-6279 ● F: 305-325-4053
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