RachelN1 (South Carolina)
Posts: 1
Posts: 1
Posted:
I serve as my HOA board president and we are really moving towards self management. We’ve worked with 2 management companies and have had issues with both. We are a small neighborhood with only 41 homes and no ammenities. We have a landscaped entrance and a small grassy common area with our community mailboxes.
I am a stay at home mom and do have the time needed to do the self management tasks. We have very few monthly expenses (landscaper, water, electric) and a few yearly expenses (taxes, insurance, annual meeting room fee, backflow testing). Over the past 18 months I have literally had to tell our management company to do anything and everything... they do nothing without me asking why it hasn’t been done. While some might argue that the management company could save us money I don’t see how this could be true in our case. I found and contracted the landscapers and shipped for the best rate with insurance companies and all of our other expenses are at a set rate.
Our yearly dues are $400 per household and our management fee is $200 per month. They also charge us $1 per letter sent (more if it is more than 2 pages) and $1 for every check written. They don’t do violation drive thru’s but do send the letters when I send them the violation list. They also have a ton of other fees- file box storage fee???, crazy tax preparation fees just to name a few.
So, we want to switch to self management. I want to find a software program that is reasonable to help with dues and bill paying and to keep a good financial record for us. I don’t know where to start with this...
I am a stay at home mom and do have the time needed to do the self management tasks. We have very few monthly expenses (landscaper, water, electric) and a few yearly expenses (taxes, insurance, annual meeting room fee, backflow testing). Over the past 18 months I have literally had to tell our management company to do anything and everything... they do nothing without me asking why it hasn’t been done. While some might argue that the management company could save us money I don’t see how this could be true in our case. I found and contracted the landscapers and shipped for the best rate with insurance companies and all of our other expenses are at a set rate.
Our yearly dues are $400 per household and our management fee is $200 per month. They also charge us $1 per letter sent (more if it is more than 2 pages) and $1 for every check written. They don’t do violation drive thru’s but do send the letters when I send them the violation list. They also have a ton of other fees- file box storage fee???, crazy tax preparation fees just to name a few.
So, we want to switch to self management. I want to find a software program that is reasonable to help with dues and bill paying and to keep a good financial record for us. I don’t know where to start with this...