Trustee on about 60 units for last 6 years (new build) forming part of a 300 unit HOA.
1. Set your boundaries, too many people get themselves elected then crash out after a month after trying to do daily whatsapps/emails. Wasting everyone's time.
2. never deal directly with owners, Always go via the managing agent as go between. First time you speak directly is at a AGM. Otherwise they will phone you at sunday to fix their geyser.
3. Absolutely never engage with tenants. If someone breaks a rule fine the owner via levy and they must deal with the tenant.
4. Ensure you set procedures and approval limits with managing agent. ie they should not be coming to you when cleaners run out of soap. They should come to you once they hit their budget of R2k a month in cleaning supplies and there is still two weeks to go.
5. Dont all be responsible for everything. Each trustee should have a set area they can look after (finance, cleaning, security etc).
6. Make sure you maintenance plan & adequate insurance. To often people try to blow a budget on indigenous rare flowers instead of the basics.
7. If part of a larger scheme/HOA ensure you getting monthly report backs on what the HOA is doing as you foot the bill if they run out of money.
8. No exceptions on late payments of levies/utilities. 7 days late we chase and apply admin penalty, 14 days another penalty, 21 days handed to lawyers. All fees applied to account for lawyers to collect on. Any leniency shown to people is broken every time. If its a trustee you should have a bylaw saying they should be suspended from board until paid up. Same complex we tend to have 1 or 2 bad payers a year. Other 4 Body corporates sitting at about 12-16 because they keep trying to do payment plans that are never honored.
9. Don't entertain a pensioner complaining every week about something unless they are will to join the board or act as a representative for the trustees.
Basically no one will like you once you are in the BC but you are there to protect your investment.