PM Property Management

With a Home Owners’ Association, Community Association, and/or Condominium Association, there are a variety of ongoing operating and financial responsibilities. At PM Property “Asset” Management, our services are designed to satisfy legal and regulatory requirements, assist an often limited staff with large-scale administrative responsibilities, as well as provide management with reports they need to effectively and successfully make educated and productive business decisions.

For associations, PM Property “Asset” Management Services include (but not limited to):

• Billing, Collection and deposit of any and all standard or special assessments
• Delivery, tracking and collection of delinquent and late charge assessments
• Manage Checking and Reserve Accounts
• Interfacing with Board Members and/or Legal in regard to collection policies (When necessary)
• Manage ongoing operating funds towards current and future anticipated expenses
• Verify, reconcile, and pay bills
• Mailings: Association Meetings and Annual Budget Breakdowns, Insurance, Collection
• Policies, Rules & Regulations, etc.
• Assist in the preparation of Annual Budgets
• Month-end, quarterly, and annual financial reporting
• Billing and A/R
• Homeowner history reports
• Balance Sheets
• Income Statements
• Cash Flow Reports
• Bank Reconciliations
• GL and Trial Balance
• Attend annual meetings with Board of Directors to review association finances and make recommendations for future development opportunities.