Condominium/Homeowner Association Management
Western Reserve Property Management has over 4,500 units under management and has built its foundation on more than 49 years of residential property management experience, making it the ideal partner for condominium and homeowner association developers, as well as professionally and self-managed associations.
Our in-depth understanding of, and experience with the intricacies of association governing documents allows us to offer a host of value-driven property management options as well as to address the widest range of specific property management issues… all with very high Unit Owner satisfaction levels.
Our services include three levels of involvement:
Full Service Management.
- Fiscal & accounting services (see below).
- Budget analysis & preparation.
- Dedicated property management. Professional recommendations based on experience and expertise.
- Regular physical inspections.
– Common Element maintenance & supervision.
– Preventative maintenance/repair recommendations.
– Competitive bidding oversight for major repairs/renovations. - Association meeting attendance.
- Unit owner correspondence/communication.
- Insurance claim assistance and oversight.
Fiscal and Accounting Services for Professionally & Self-Managed Associations
- Collection and disbursement of association assessments, monthly fees
& other funds. - Maintenance & Capital Reserve analysis.
- Monthly financial reporting.
- Payroll & Tax return services.
- Association bill payment.
- Recommendations on placement of Capital Reserves and excess
Operating Funds.
Consultation Services for Self-Managed Associations
- Self-managed associations may, if desired, take advantage of our services and
options on an hourly or consultative basis, while retaining their self-managed
status.
Regardless of size, your association will benefit from Western Reserve Property Management’s record of fiscal integrity, stability and disciplined, professional approach… not only in the first months, but for years to come.