Consulting

David Floyd & Associates, Inc. offers consulting services to Associations that are self-managed or need assistance that their current property manager is unable to provide.  

Hiring a full-service professional property management company typically costs between $20-40 per home per month. Many Associations (especially smaller Associations) may not be able to afford full-service professional property management without having significantly higher HOA fees. 

For most communities, guidance from a professional property management company is going to be necessary at some point... whether the streets need to be repaved, the grounds are looking rough, the roofs need to be replaced, the pool needs to be redone, the governing documents need to revised, etc. Let us put our decades of experience to work for you without breaking the bank! Our Consulting services are charged on an hourly rate (rather than a set monthly rate), and there is no long-term commitment.

Our goal is the save Associations time, stress, and money while providing first-class service with regards to whatever challenges are being faced. 

• Governing documents enforcement
• Assisting with governing documents revisions
• Increasing capital
• Decreasing expenses
• Completing lender questionnaires and closing forms
• Performing property inspections (typically done via drone)
• Creating proper communication procedures between homeowners and Board members
• Creating realistic expectations for homeowners
• Prioritizing maintenance needs and special projects
• Managing violations within the Association
• Developing and Administering HOA Websites
• Facilitating Board Meetings and Annual Homeowners Meetings
• Maintaining schedules of work orders
• Creating and distributing HOA fee payment coupon books
• Assisting with long range planning, reserve analysis, and budget formation
• Assisting with the formation of bids and specifications for special projects
• Maintaining records (quotes, opinion letters, minutes, financials, budgets, governing documents, correspondence, etc.)
• Processing and reviewing ARC applications
• Maintaining compliance with various laws, codes, ordinances, and rules 
• Creating and maintaining an owner roster with accurate contact information
• Creating and maintaining a comprehensive databases of renters within the Association that establishes communication contacts for emergencies, non-compliance issues, and Association news