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WMC Inc - Lake Tahoe Homeowner Association Management and Reserve Studies Nationwide

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Association Property Management
Consulting Services

WMC has over 24 years of experience in all aspects of condominium and Common Interest Development management. (Visit WMC Services)

We are qualified to analyze many components of an association and make recommendations to the Board of Directors.

We are available to inspect your common areas, review your operating and reserve budgets, analyze or prepare reserve studies and then meet with your board to assist in the resolution of any issues which surface as a result of our inspection.

The following questions could be helpful in determining whether you might need our services:

Question Is the management company providing all services outlined in the contract or does the contract need revision to increase services to the association?
Answer WMC studies and suggests changes and improvements in the management contract to reach a resolution to questions or problems between management and the association pertaining to services.

Question Does the Board require assistance in comprising or activating the reserve study?
Answer WMC will inspect and rate the physical condition of the property, including every major component in the current Reserve Study. WMC is also available to prepare an in-depth reserves study if your association does not currently have one.

Question Are the operating and reserve budgets inadequately funded or overspent?
Answer WMC will analyze the operating and reserve budgets and actual expenditures over the current and past two years and suggest solutions for a balanced budget.

Question Have dues increased to keep current with the CPI increases for your area or are assessments necessary to fund regular maintenance and reserve replacements?
Answer WMC will investigate operating and reserve budget dues increases (or decreases) over the past 5 years and make suggestions for budget improvements.

Question Does the current board of directors have a procedure to inform new board members of past decisions, actions and future plans to provide continuity of action?
Answer WMC will study past Board meeting minutes to determine if management has succeeded in providing action to implement motions over the past two years.

Question Has the board developed monthly action reports as a tool to track requests and results to the management company?
Answer WMC will provide report tools to increase communication and results between the management company and the Board of Directors.

Question Is the association using current technology to increase communication between the members and the board of directors and management?
Answer WMC can provide information and direction to establish Internet communication and/or website creation and provide the Board with a member database that can easily be updated for mailings to the members.

Question Does the board need direction in establishing board meeting procedures, producing effective agendas and setting procedures for minute keeping?
Answer WMC are experts in assisting boards establish meeting procedures, minute keeping practices and prepare effective meeting agendas.

We are suggesting the application of a rating system (excellent, adequate, requires improvement, needs immediate action) for each area of association responsibility. We can then use this information for Board discussion. WMC can then assist the Board in preparing a plan of action for improvements and funding for future projects and improvements.

Visit our Homeowner Association Services & Reserve Studies pages.

WMC, Inc. Contact Information

Telephone
(530) 583-2713
FAX
(530) 583-2336
Address
P.O. Box 6955, 243 N. Lake Blvd., Suite #202, Tahoe City, CA 96145
(Located above Plumas Bank and next door to the Balcony Hair Salon)

E-mail: WMC, Inc.E-Mail: WMC, Inc.

URL: http://wmc-inc-com.laketahoeguides.info/consulting.htm
Last modified: November 04, 2007

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