ACCOUNTS RECEIVABLEWe handle all the responsibility for collecting assessments from owners and work with attorneys for collections when necessary.
Financial Management: Self Managed?Breakaway Management understands the unique needs of small condominium, townhome, and homeowner associations. Self-managed associations are faced with a number of challenges in operating the association. We have found that often times board members don't have the necessary resources (time & money) to manage their association effectively. Moreover, due to budgetary restrictions, hiring a property management company may not be a viable option.
Our accounting only service will handle all bookkeeping and financial responsibilities for your condominium, townhome, or homeowner associations so that you can focus on running the association. We can serve as your primary point of contact and provide operational assistance as needed.
ACCOUNTS PAYABLEAll vendor invoices are scanned and uploaded to your website for approval. We only make payments to vendors upon your approval so you'll have full control over your financials.
FREE WEBSITEOur interactive website provides additional support for improving communications within your association. Owners can access thier account history and make payment for their assessments online.
FLAT FEEThere are absolutely NO hidden fees! Additionally, our flat fee approach to property management ensures your association the lowest Total Cost of Management.
Review a detailed list of financial management services provided by Breakaway Management by clicking the "read more" link below.