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HOA Board Hero Paula DiPaola shares her strategies for increasing revenue for her Timeshare HOA!
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Paula DiPaola, a volunteer board member at Magic Tree resort for over 24 years, shares her secrets to managing a successful Timeshare HOA. Paula explains how she has kept maintenance fees steady for decades by implementing smart cost-saving measures, leveraging vendor relationships, and introducing innovative revenue strategies like the $150 weekly resort fee that generates $150,000 annually. From fostering community engagement to handling emergencies and building strong vendor partnerships, Paula highlights the importance of transparency, consistency, and hard work in HOA leadership

Chapters From This Week's Episode:

00:00 If You’re Running for the Board, You’re Running to Work
00:50 Introduction to HOA Board Hero Paula DiPaola
01:59 An Unusual HOA - Timeshare Resort
02:48 How Paula Hasn’t Upped Her HOA’s Maintenance Fees in 24 Years
06:24 How Paula Counteracted Inflation Prices for Her HOA
10:16 Where Paula Gets Her Ideas to Increase Revenue for Her HOA
12:12 What Motivated Paula to Join the Timeshare Board of the Directors
16:01 Ad Break - HOA Invest
16:38 How Paula Fosters Community on Her HOA Board
18:59 Paula’s Advice for Those Who Running for an HOA Board
21:07 Paula’s Relationship With Her HOA Vendors
23:12 Paula’s ONLY Special Assessment for Her HOA
24:05 How Paula Maintains the HOA Board Culture
25:21 Paula’s Advice to HOA Board Members

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
https://www.linkedin.com/in/julieadamen/

Kevin Davis, CIRMS
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