Property Management
Residential and Commercial Property Management
Property Management – Facilitating Day to Day Operations Needed for Your Property
Property Management is additional to the Leasing Agreement. A Leasing Agreement is also required upon signing up for Property Management.
What it entails:
- Collecting Rents, Late Fees, etc.
- 24 hour on-call service 7 days a week!
- Scheduled walk-through while vacant – drive-by while occupied
- Keeping you notified of ALL on-goings and still in charge of all decisions unless otherwise granted
- Acting on your behalf as Agent at all times
- Coordinating all ongoing maintenance & needed repairs
- Hiring necessary contractors – only current & fully insured contractors will be hired
- Handling Demands for Rent, Eviction filing, and all legally allowed court proceedings should they arise
- Setting up escrow & operating joint accounts, and acting as cosigner on your behalf
- Paying all related bills you choose for us to have paid on your behalf from operating account – Statements and Reports available 24/7 through your exclusive online portal.
Rates for Property Management are based on a percentage of collected monthly rent. Because of this, you always know we are continuously looking out for your best interest at all times.
Association Management
Association Management – Facilitating Actions Required of the Board of Directors
The amount of tasks entrusted to Cardinal Point are negotiable. We can do it all, or we can facilitate just a portion if that is all you require.
Items this can entail:
- Resident Relations & Rule Enforcement
- Collecting Fees, Assessments, etc.
- 24 hour on-call service 7 days a week!
- Scheduled drive-byes to the frequency preferred or required
- Keeping the Board notified of ALL on-goings while they maintain the right to make all decisions, unless otherwise granted by Board
- Operating association web site
- Acting on behalf of the Board as Agent at all times
- Coordinating all ongoing maintenance & needed repairs within budget
- Hiring necessary contractors & negotiating costs – only current & fully insured contractors will be hired
- Forming annual budget with Board approval to be voted on by Owners
- Scheduling meetings and preparing all necessary paperwork (e.g. statements, budget performance, profit & loss, etc.)
- Handling all legally allowed court proceedings should they arise if date of concern is within the time of Cardinal Point employ
- Managing operating accounts, and acting as cosigner on your behalf (this can be done without being cosigner as well)
- Paying all bills on your behalf – with a financial statement reviewed at each meeting
- Facilitating any other items the Board requires
Rates for Property Management are based on a percentage of collected monthly rent. Because of this, you always know we are continuously looking out for your best interest at all times.