hoa: What Does A Property Management Company Do For My Association? - 02/05/10 12:49 AM
The Sentry Office in Indianapolis welcomes our new District Manger, Todd Whitlock.  Todd has been with Sentry Management, Inc for 6+ years and comes to us from the Clermont, Florida office.  Please join me in welcoming Todd to Indianapolis.
I am reprinting information from a letter that Todd Whitlock has written (with his permission) that provides some further explanation as to what a property management company does for homeowner associations.
Often I am asked, "What does a property management company do for my association?" and "Why do we need a property management    company?"
Strangely enough, let me start by stating what Sentry Management, … (4 comments)

hoa: Six Responsibilities of Community Assocation Board Members - 01/29/09 12:56 AM
Being a Board Member on behalf of your association comes with responsibilities.  Below is a list of what is expected.
All members of the Board serve the owners as Fiduciaries and must act in the best interest of all its members.  No officer of the corporation has the authority to make unilateral decisions on behalf of the Board unless specific authority to do so has been given by the Board.  Decisions are made at Board of Director meetings where items are addressed and agreed upon.  Items on the Board of Directors meeting Agenda are thoroughly researched, studied and analyzed to make sure its … (4 comments)

hoa: Wondering What A Community Association Manager Is/Does? - 12/22/08 04:21 AM
Often when I tell people I'm a Community Association Manager I need to explain to them what I do. The short version could best describe me as the person that manages the common property and services of planned communities and/or condominiums through their homeowners' associations. 
At my office, most of the community managers have eight to twelve properties that they are responsible for and oversee.  I currently have 8 properties that I manage and I co-manage two more with another person.  Our typical day starts about 8:00a.m. and each of us can construct our day to the needs of our communities and job responsibilities. 
When we are … (9 comments)

hoa: HOAs and Assessments - 12/15/08 02:08 AM
In today's economy almost everyone is feeling the money pinch and this includes most Homeowner Associations.  Now more than ever it is important to have a written collections procedure in place.   It's a good idea to have these procedures in place whether you are self-managed or have a management company. 
Here's some of the items your Board may want to establish as a written procedure:
1.  Due Date (s) - Be consistent with your Delcaration and/or By-Laws
2.  Provide a "grace period" and explain the late fees or interest that will be charged after the grace period.
3.  Specify the order of applying monies … (4 comments)

 

Cynthia Sloop

Indianapolis, IN

More about me…

Community Association Manager

Address: 8425 Keystone Crossing, Suite 108, Indianapolis, IN, 46240

Office: 317(251) 939-3205

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