A property management association has many responsibilities. Some property management associations choose to focus on just one aspect of property management, such as rental property management, or HOA management. Other property management associations do both! A property management company serves as the middle man between the homeowner, and the renters. If there is a problem, the renters will contact the property managers instead of the owner directly. The property managers will then deal with whatever repairs property manager or maintenance is needed, and the homeowners will not be bothered unless it is something major that needs their approval. Having a property manager can be especially helpful for people who rent out a property that is located in a city where they no longer live. This way there is someone available in case of emergencies, and the owners don’t have to worry about flying or driving all the way to their property to deal with something that has come up.
On the other hand, an HOA management association deals with and manages HOAs, or home owners associations. An HOA is an association within your building or your neighborhood that manages maintenance and other neighborhood issues. For example, if you own a condo in a building, the HOA is who decides about maintenance for the entire building. If the back steps for your building are in rough shape, the HOA will decide when it is time for repairs, and they will oversee the repairs as they are completed. Each owner within the building pays a monthly fee to the HOA that goes into a savings account that is there for repairs such as fixing the back stairs or dealing with a plumbing issue that affects the whole building. HOAs work the same way for homes within a neighborhood. Each home owner pays dues to the HOA, and that money can be used for something that benefits the whole community.
Finding a good HOA association management company, or property management association can be hard. When you are looking for an HOA management company to help operate your HOA, it is important to do your research and ask lots of questions before you decide on a company. Many HOA property management companies have too many clients, and not enough staff or resources to help manage those clients. ACCU Inc., located in Denver, Colorado has many years of experience in community property management and HOA management. They are a technology-driven company that prides itself on providing a personal touch to their services. From budget preparation and financial reporting, to record keeping and property inspections, ACCU Inc. offers a variety of services that are designed to ensure that your HOA or community association works for the people it is intended to serve.
If you are in the Denver area and are looking for a property management company or HOA management association, look no further than ACCU Inc. Check out their website today for more information! When you choose ACCU Inc., you can rest easy knowing that your property is being properly managed.