Part of what a professional property manager does is to create an environment where management responds immediately to problems as they emerge and sets the stage for a proactive approach to address or even prevent related problems in the future. To do that, we create a…Management Plan.
In preparing the management plan, we analyze the current condition of the property and the mechanisms in place to address the enhancement of its value for homeowners and residents. We examine its history and the cycle of Association activities.
We also look closely at the fiscal side of the property. In Community Associations, the financial side of the operation of the property begins with homeowner contributions or dues. We examine the history of income and expenses and assist the Board of Directors in setting realistic Budgets and adequate Reserves to maximize property value for Homeowners. The management plan also includes up-to-date insurance coverage, an organized annual calendar, and a selection of contractors and service vendors to meet the special service needs of each property.
Let ACT Management, Inc. create a Management Plan for you!
ACT Management, Inc.
850 Decatur Ave., N, Ste. 2A, Golden Valley, Minnesota 55427 | Mon - Fri: 9:00 AM - 4:30 PM | Sat & Sun: Closed
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