Services

          An HOA management company can save a community a lot of time, stress, and money. Like a general contractor that oversees the plumber, roofer and electrician on a job site, the Property Management Company is there to oversee the work being performed in your development. Though part of our job is to ensure that rules and policies are clearly defined and followed, our overall goal is to enhance the value of the community and the homes within it. A professional property management company can save your association money, manage vendors, improve relationships between neighbors and more.  Hiring a management company is cost effective and brings many benefits to your community.  An Accredited Association Manager Company will be able to work with your association to formulate effective financial, communication and maintenance strategic plan.  It’s important that the Board and manager always work as a team. The Board adopts rules, enacts policy and approves the budget. The manager executes the plan at the direction of the Board, ensuring that the actions comply with governing documents and state and federal law.

Financial Responsibility:

Assessment Collection

Managing Budget, Maintaining Records, Responsible for Taxes

Provide accounting for the Home Owners Association

Attend Monthly and Annual Board Meetings 

Make payments on behalf of HOA (insurance, utilities, contract labor etc.)

Detailed documentation of expenses via invoices and receipts

Maintain all historical records (paid invoices, inspection reports, warranties, etc.)

Provide annual reporting

Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses

Operating Accounts

Reserve Accounts

Accounts Receivable & Payable

Maintenance, Repairs, and Remodeling

Provide and oversee an in-house maintenance crew

Establish a preventative maintenance policy to identify and deal with repair needs

Provide an network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.

Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.

Maintain outdoor areas

Leaf and snow removal

Landscaping

Removing trash and debris

Maintain and monitor a 24 hour emergency repair hot-line

Larger renovation or rehab projects

Provide recommendations on how the project can maximize rental income.

Prepare preliminary cost estimates

Get multiple independent bids for the work

Act as general contractor overseeing the work

We at Patriot Management look forward to serving your association and would gladly speak with you about any questions you may have, please contact us at 970-367-5830 to discuss any questions and comments you may have.  We will do our absolute best to answer any and all of your questions and look forward to building a strong and lasting relationship.

Patriot Management Inc. / T 970.367.5830 / F 970.423.6193 / office@breckenridgepatriot.com. Proudly created with Wix.com

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