Reader Mail: Self-managed condos?

3/12/2008:

A while back, a discussion was started about what Condo Association is best in Hoboken, the pros, cons, etc.

Because of the bad reputations that some or most of these companies had, one reader is considering self-managing their condo, and is looking for advice from others who have done the same.

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Self Managed Condominiums

“A month or so back there was a post on your site regarding the best (and worst) management companies for Hoboken condos. Would it be possible for you to put out a different question to the readers:

Because the management companies have such bad reputations, has anyone chose to self-manage? If so, how do you do it? Also, who do you contract for the services? We would need individuals to clean the hallways, take out the garbage, and remove snow.

My association would like to start self-managing but we don’t really know how to go about doing it. Thanks!”

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12 Comments on "Reader Mail: Self-managed condos?"


hobrocker
Member
hobrocker
8 years 6 months ago

For those of you who self manage, I’d be interested to hear who you work with – insurance companies, handymen, etc. Any recommendations?

csp1984
Member
csp1984
8 years 6 months ago

Friedupright – could you let me know who you use? You could post here or my email is csp1984@gmail.com . thanks!!

Friedupright
Member
Friedupright
8 years 6 months ago

If your assocation has a President, Secretary and Treasurer, you are already half way there. The President oversees the management of the building. Th Secretary is responsible for minutes, internal memos, etc. The Treasurer is responsible for paying the bills, collecting monthly dues, bank deposits, writing checks to contractors, etc. Get Quickbooks – very simple. Quickbooks allows you to pass on the responsibility very easily and run just about any kind of report. We contracted out the cleaning of the public area. A woman comes once a week and cleans the hallways, etc. I wouldn’t leave this to my neigbor. The snow removal can be rotated, or you can also hire someone to do that. Grab one of these kids that goes around with a shovel when it snows. If you need a great guy that can clean your general area, make just about any kind of repair, remove snow, etc….let me know. We have the best.

Easy-E
Member
8 years 6 months ago

Dealing with some of those companies is like pulling teeth.

My apartment was supposed to be managed by Whitewool, and they suck. Completely unresponsive whenever I had a problem.

You might get better results in a smaller building if the people you live with are involved with the up-keep. Besides, that’s a pretty good way to get to know your neighbors.

HobokenRes
Member
HobokenRes
8 years 6 months ago

I live in a 5 apartment building that self manages. The cleaning, snow shoveling, maintenance, etc. is contracted out to different companies and our finance person pays those bills. Garbage is collected nearly every night of the week in Hoboken so each apartment simply takes their garbage directly to the street. There’s nothing to it, it saves money, and our building has never looked better.

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