Through our Property Management Office we will exercise close
liaison and supervision over the resident manager to insure proper operational
maintenance and promote management, resident, and investor relationships.
- Prepare specifications for all repairs and maintenance services.
- Maintain a list of responsible, professional suppliers.
- Inspect contractual
services for building maintenance for satisfactory performance and prepare
any necessary compliance letters to the vendors.
- Prepare notices
of meetings, proxies, and agendas for the Board Meetings, as well as
attend those meetings.
- Assist in the
election of officers and the tabulation of votes; assist in the meetings
of the Board to elect officers and committee members for various association
- Collect, organize,
and maintain complete files for all association(s) of legal documents
including public reports, Declarations, CC & R’s, etc. insurance
policies, owners list, correspondence, house and pool rules, blue prints
and specifications, etc.
- Prepare newsletters
as needed for disseminating information and instructions.
- Assist in resolving
individual owners’ problems as they pertain to the Association common
elements governing rules and regulations.
- Exercise close
supervision over hours and working conditions of employed personnel
to insure compliance with all employment laws.
- Administer the
complex to insure that all residents, owners, and tenants alike conform
to the adapted house and pool rules, and Bylaws; to promote a pleasant
and harmonious relationship within the development at all times.
- Obtain and analyze
bids for insurance coverage specified in the Bylaws; recommend modifications
or additional coverage, prepare claims when required, and follow up
- We will act as
Board representative in negotiating settlements.
- Act as liaison
for the association in negotiations or disputes with Local, Federal,
or State taxing agencies or regulatory bodies.
- Attend Board of
Directors meetings, as necessary, to provide data and answer questions
pertaining to financial statements, projects to be considered, etc.
- Prepare and distribute
Annual Meeting notices, proxies, and agendas for each and every Board
- Assist homeowners,
24 hours a day, 7 days a week, through emergency and personalized problems.
Emergencies - We are available 24 hours 7 days a week in case of an emergency
situation at a property. We have a person available to handle any situation
if it were to arise and fix the problem right away.
Property Inspections - We inspect the interior/exterior of each unit on a scheduled
Property Maintenance – We contract with licensed, bonded workmen,
thereby lessening owner’s liability. All repairs are performed promptly
and major repairs must have owners or association approval before work
Major Projects - Prepare specifications and call bids
for major improvement projects. We will then analyze and compare bids,
issue contracts, coordinate the work, and maintain close inspection to
insure that the work is performed according to specification.
- We analyze your property to suggest upgrades and improvements to maximize
property value. We keep abreast of laws and their effect on your property.
Accounting - We offer full service management of your finances for your
property. Financial reporting, income and expense statements, cash flow
reports and year end copies of invoices and bills for tax purposes. THRIFT
RMS will prepare an annual operating budget detailed to reflect expected
operations for each month. This budget is established to show expected
recurring receipts and operating disbursements. It is further used for
comparison with actual monthly income and expenditure. We will also prepare
the reserve budget projection for capital expenditures on items recurring
only periodically (i.e. painting, carpeting, etc.) for common elements.
We will prepare a monthly operating cash position, and sinking fund reserve
Real Estate Services - We can help you look for an investment property, a home
of your own or assist in selling your property. We can show you homes
on the market and assist through out the purchase or sales process.
Updates - We will send out newsletters highlighting activities specific
to your property as well as including ARTICLES
in our web site to help you get the most value from your property.