Is there a management company that manages HOAs?

[Christopher Sarmiento]

I have a question to ask the forums!

So I bought a duplex January 2020 in a C neighborhood. I got it for 137K and rehabbed it to make it livable. It’s not worth about 170k. It’s a concrete block home that’s a 2/1. The surrounding homes in the neighborhood are owned by investors that rent the units out, about 12 duplexes and 10 owners. I have a section 8 tenant in one unit and a regular tenant in the other. I get about $850 per unit and I have a property manager that manages the section 8 tenant.

I was inadvertently giving the treasurers job for the HOA in that neighborhood since the lady that sold her duplex to me was this 92 y/o. So far the transition was ok, I've automated the street light payment to be taken out from our HOA bank account and writing checks to the lawn guy sine he doesn't have any virtual accounts. We don't charge people much, just a one-time payment of 0.002 x's the total of their recent value of the house a year. It's just enough to keep the front clean and streetlights on.

We have 2 people that have been refusing to pay the HOA fees that I've heard of, and I don't think there's anything we can do about it, or I don't know what we can do about it.

I was wondering if there's a way to transfer the HOA responsibilities to a company? To maintain the area/ make sure people are paying their dues, or if they have a better way of doing this.

[Joshua Adlam]

@Christopher Sarmiento

Definitely transfer this responsibility to a property manager. As a fellow pm, we typically deal with the Hoa directly.