• Fire, Flood or Blood – Dealing with Disasters at HOAs

  • Sep 17 2024
  • Length: 13 mins
  • Podcast

Fire, Flood or Blood – Dealing with Disasters at HOAs

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  • Summary

  • California’s fire season is in full swing. CEO and host Tom Freeley talks about preparing for emergencies and natural disasters including fires, floods, earthquakes, landslides, storms, and more. In the HOA industry, the term often used is: Fire, flood or blood. Reserve funds can be easily or entirely wiped out to cover the cost of unplanned disasters. In an oceanfront LA community, more than 200 homes have had their gas and power cut off by a long-running ground shift, which is threatening utility lines. Most HOAs, however, have no formal plans or training to respond to disasters. Listen in for ideas on how to address an emergency at an association.

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Management Economics
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