Condominiums
These properties take an extra layer of financial services, and we understand the importance of this. Potential Property Management handles all the banking and bookkeeping along with everything your homeowners need to be comfortable and happy in their condos. We’ll take care of all building-wide maintenance, billing collections, enforcement of property usage restrictions, and much more.
A homeowners association management (HOA Management) is more than just a property—it’s a community. And it can take a lot of work to keep everyone happy. Constant attention, a willingness to listen, and the experience to do the job right all need to be present. Potential Property Management knows what our property owners need from their Middle Tennessee property. This is why we provide expert care for both managing the property as well as keeping track of the financials.
Middle Tennessee HOA Management
Open Communication
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Flat Fee Service
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Attentive communication with homeowners
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Assistance with resolutions of homeowner issues and concerns
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Online access to owner portals utilizing association management specific software to serve your property owners 24/7.
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The portal is always on so owners are able to gather account information, make a payment for their HOA fees, check the status of a work order and much more.
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Board access to portal information containing work order status, owner information and a whole host of other communications.
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Monthly reporting to board members including bank statements; we strive to keep a transparent environment and open communications with boards and owners alike.
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Board members are able to receive notification when a new owner is entered to our system.
Monthly Reporting
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Balance Sheet
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Income Statement
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AP reporting
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AR reporting
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Collections Reporting
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Budget vs. Actual
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Owner List
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Bank Statements
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Email reporting to board members when a new owner moves to the community.
Upholding Standards
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Enforcement of property usage restrictions
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Regular property inspections
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Repair services
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Procurement of contractor services
Essential Services
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Administration of the governing documents
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Routine billing and collections
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Assist with organizing and preparing for directors and annual meetings
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Inspections of the property by your management team.
Banking
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Accounts payable and receivable
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Online bank payment ability
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Credit card payment ability
Bookkeeping
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Filing of tax documents as well as annual report
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Consult regarding investments and reserves
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Budgeting and forecasting for future repairs and expenses
Serving Your Property Owners in the Greater Nashville Area
Why Choose Us
Potential Property Management is distinctly different in the marketplace of HOA management companies. We offer the only FLAT FEE SERVICE in the area - no extra hidden fees!
I am the owner and manager, I hold a Real Estate License and am a certified HOA Manager as well. I have 38 years of experience in owning and managing apartments, mobile home communities and shopping plazas and HOA's.
