One of the first questions potential financial management clients want to know when they call our company is: how much does financial management for a condo community or HOA cost? Although this is a very difficult question to answer, I will try to do my best here to explain some of the general pricing guidelines….
So you decided to have a company help your board perform the monthly accounting tasks to operate your community. The commencement of this service is documented with a Financial Management Agreement. Curious about the main provisions of a financial management agreement? The agreement will help explain what tasks will be performed, when they will occur…
I hear it all the time: “my community manager is unresponsive or a poor communicator” or No one at the management company picks up the phone or calls us back!” The first bad omen of poor service is that when you call your manager the phone goes to a voicemail box. When I owned a…
Moving away from your current property manager is not as difficult as community boards think. This article discusses how to transition your condo or HOA away from your current manager – the pathway forward to help you change from whatever you are suffering with now to a brighter future. Just like breaking up with someone you…
Save over 50% of a full management fee while still receiving support from professionals with a majority of the tasks involved in operating a community.
You know what? Becoming a self-managed community may not be right for you. It may be more work and you may have to learn a lot of new ways of doing things in an unfamiliar industry. But if you are looking for a low cost alternative to full property management, have a core group of…
#1 – No Staff Have you had a hard time finding a good employee to hire? Ever hire, train & manage a person and have it not work out? How much money did it cost and how much of your time did it take? If you want to manage properties or your development and not…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
Experience the difference with our professional financial services designed specifically for HOAs and condo associations. Simplify your finances with our expert support.
Need to change an existing consultation? Email info@communityfinancials.com
