Many people move into a development with an HOA because they are sold on the idea of “maintenance free living”. They love the idea of having all their yard work, snow removal, garbage service and other amenities covered by a low monthly fee. And sharing these services with their neighbors certainly does provide savings. But the term “maintenance free living” should include fine print that reads “This property is as maintenance free as its members are willing to pay for.” If members of an HOA want all the bells and whistles when it comes to maintaining their property, they must realize the low monthly fee they originally bought into may not be enough to cover it all. An HOA can only cover the expenses that the dues collected allow. Members of an HOA also need to understand the money required to pay for all services can only come from the members. If items such as additional amenities, excessive snow removal, major repairs and replacements, or other unforseen expenses exceed the established budget, the members will be required to pay for them either by special assessment or an increase in monthly dues.
On March 1, 2011 I began managing properties for Telford Company. Telford Company owns four separate multi-tenant commercial properties in Sioux Falls. I am excited for the opportunity to work with Telford and with the individual tenants at each location.
Did you notice the new electronic message board in front of the Yankton Trail Professional Park on 57th Street, just South of the I-229 tunnel? The Members of the Yankton Trail Professional Park have purchased the sign from Pride Neon and have asked me to manage the sign for them. I am excited to help the Members there promote their businesses. New messages will be appearing on the sign soon!
Happy New Year! I am excited to announce that I am now able to offer my customers the option of having their monthly rent or association dues automatically withdrawn from their bank account. Call or submit a comment to me for more information.
I am excited to be managing the Grand Prairie and South Edinburgh Place Home Owner’s Associations. Click here to learn more about this distinctive new development.
I am excited to announce that I am now managing the Garden Village Home Owner’s Association and Garden Village Business Owner’s Association located at South Minnesota Avenue and 77th Street. Check out this beautiful office park and residential neighborhood by clicking on the Garden Village logo.
Over two hundred fifty letters were sent to local business owners, investment entities and associations. If you received a letter, thank you for checking out my site. Give me a call or contact me here if you have any questions or need further information.
Halvorson Management Resources, LLC – offering professional property management, association management, investment entity management services and brokerage resources.
Our Mission
Efficiently maintain and cost-effectively manage investments of property owners and real estate-related associations.
Halvorson Management Resources, LLC
PO Box 2371
Sioux Falls, South Dakota 57101
605-231-1900