– Developing and maintaining yearly budgets
– Collecting membership dues, late fees, fines, and other receivables
– Paying association bills based on board-approved budgets
– Preparing accurate financial statements
– Maintaining and reconciling bank accounts to ensure accurate financial records.
– Managing homeowner relations and communications
– Distributing association meeting minutes to all concerned parties
– Creating a community portal for residents/tenants to access building news, work orders, and other important documents
– Offering a secure owner portal for investors that contains building financials and other relevant documents.
– Marketing of properties to attract potential tenants
– Screening of prospective tenants to ensure a good fit for the property
– Management of lease agreements and renewals
– Assistance with eviction matters when necessary.
– Oversight of both large and small-scale renovation projects
– Coordination of building repairs as needed
– Provision of in-house cleaning and snow removal crews to maintain the property’s appearance.
– Soliciting nominations for the Board of Directors
– Coordinating meetings as needed
– Maintaining up-to-date copies of property by-laws, rules, and regulations
– Annual 1099 reporting and monitoring of vendor insurance and licensing
– Providing all necessary documentation for homeowners selling or refinancing their property.
– Management of capital improvement projects
– Ensuring building compliance with laws, fees, permits, and inspections
– Serving as the primary point of contact for unit owner concerns
– Providing an emergency 24-hour maintenance line
– Supervising ground maintenance and repairs to common areas
– Observing and addressing violations of rules and regulations.
– Securing comprehensive property insurance at the best rate
– Advocating for property owner rights in the event of an insurance situation.
– Assist building owners and associations in developing long-term strategic plans to safeguard their investment.