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Where has your money been going, you ask?

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Just for this year alone (3 months) we have a grand total of over $25,000 unauthorized expenses. What does unauthorized mean? Every expense that ACM pays for the Association must be approved by the BOD. So when the BOD approves a contract and we pay monthly or in portions on that contract, that IS an authorized expense. Unauthorized expenses are those that the BOD has no knowledge of, and never approved. This is why our expenses are so out of control. The BOD is to control our expenses, not our […]

Agent Management Requirements

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Requirements Article IV Section 4 – must be in good standing of the Real Estate Board of Greater Baltimore for at least three years Finance / Accounting Software Must allow all forms of payment including cash and checks as well as online. automatic payment into capital account automatic transfer into reserve accounts (set up by the banks) just in time vendor payment must provide complete expense tracking – must provide multiple views of owner request, management communications logs, management – contractor communication, and resolution to invoice, and expense. Click on […]

Management Software

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Management Software https://www.capterra.com/hoa-software/ DoorLoop – not HOA ready yet. Will not be able to view this properly. But starts at $239/mth for rentals. I like their UI approach however with customizable widgets on home page. AppFolio Property Manager – $104/mth, but has $280/mth minimum. Too expensive. Buildium – $224/mth essentials only Easy HOA – $59/mth – too simplistic. Not much is integrated. No link between owner request and action taken by management, no link between invoice and owner request. ManageCasa – $139/mth starting price. Too high! Demo done Got demo […]

Contacts In Maryland

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Zotero Report Item Type Note Date Added 11/1/2023, 3:07:40 PM Modified 11/1/2023, 4:18:47 PM American Dream Realty Bel Air (443) 640-0090 Might be good for hybrid self management HOAs Managing an HOA can be time consuming and confusing. That’s why we’re here to take care of it! From our administrative expertise to helping you navigate the community rules and regulations, our goal is to make everything easier and more convenient for you. Uses appfolio https://www.americandreamnet.com/ kathy@ brodiemgmt.com Item Type Note Date Added 10/27/2023, 10:35:15 PM Modified 10/27/2023, 11:08:18 PM DH […]