HOA MANAGEMENT SERVICES

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Prime Investment Management has had a long history in managing homeowner’s associations with much success. In general, our services include, but are not limited to:

· Board direction and administration.

· Expert advice and guidance.

· Ensure proper board operation and procedures.

· Annual insurance review.

· Setting an annual calendar of critical HOA dates.

· Distribute and assist in preparation of board agendas.

· Maintain Association records.

If you have a currently occupied space that is in need of effective management, or want to include our management services together with our leasing services, please do not hesitate to get in touch with us to design a solution to fit your needs.

· 24-hour emergency response.

· Regular documented inspections.

· Preventative maintenance programs.

· Energy conservation measures.

· Maintenance recommendations & execution.

· Submit timely, accurate, computerized financial reports within 10 days of month end.

· Mail monthly homeowner dues statements.

· Establish individual property operating bank account.

· Option of Automatic draft of homeowners HOA dues.

· Coordination of all computerized dues collection.

· Enforce association collection policies.

· Receipt, approval, and payment of all approved bills.

· Track all homeowner /vendor activities.

· Preparation of annual 1099 and W-2 requirements.

· Coordination and supervision of payroll functions and reporting.

· Significantly reduce operating costs through vendor/service contract re-negotiation.

· Evaluate and recommend ancillary income opportunities.

· Hire, train, and supervise all on-site employees.

· Specify and bid vendor contracts.

· Screen vendors & track insurance

· Bid all contract services.

· Supervision of all services from commencement to completion

· Worker’s Comp insurance compliance

· Employee benefit packages available

· Provide utility auditing and energy conservation retrofitting.

· Create and maintain HOA website.

· Financing and construction supervision

· Assist The Board with obtaining proposals for Reserve Studies.

· Assist Architectural committee with the Architectural process.

· Maintain an architectural log.

· Work with The Association’s Architect.

· Annually assist Board of Directors with budget preparation.

· The proposed budget is developed through the analysis of the previous year’s expenses and the recommendations of the reserve study.

· The supervisor will meet with the Board to review the proposed budget and make adjustment as per Board’s instruction.

We would be happy to meet with the full Board of Directors to review our services in more detail and to answer any further questions you might have.