17 Reasons why we should hire a management company

1. As of today we are owed $10,284 from owners that do not pay. The management company will put processes in place to collect the money.
2. Manage the wear and tear of the building by forecasting maintenance projects. This protects our building and unit values.
3. They provide automatic payment options for assessments.
4. They manage our bills and pay them on time. They simplify things for us.
5. They negotiate with vendors on our behalf so we can save money.
6. They advise on long term projects and provide accurate budgeting.
7. They advise us on legal matters and provide us options to cover ourselves legally.
8. They negotiate insurance claims and insurance costs on our behalf.
9. They seek competitive bids for projects and hire contractors on our behalf to our specifications.
10. They file our taxes and provide accountant services.
11. They file for garbage disposal rebates with the City every year so we don’t have to do it.
12. They deposit our money to our account on a timely manner.
13. Lower maintenance and repair costs. They manage the property and catch problems early. This causes us to spend less on maintenance and repairs.
14. 24-hour emergency service to provide less stress for us. Less to worry about, only a phone call away.
15. For those that live away from the property they will have the peace of mind that the property will be managed well.
16. They provide tenant screening for renters. They can manage safety.
17. They provide financial and legal information to mortgage companies when owners are selling units or refinancing. This is a very time consuming process.

We can afford it: $615/month. We do have the money, no need to raise assessments to cover the cost.