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Samroz, LLC

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301 Route 17 North, 8th Floor
Rutherford, NJ, 07070
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Samroz, LLC

Our fee is 10% below your current management budget. We'll beat any price! Specializing in delinquent collections. Contact us today so we can save you money!

What We Do:

ASSOCIATION MANAGEMENT:

I. ADMINISTRATIVE

  • Assist with enforcement of By-Laws, CC&R's and Rules & Regulations.
  • Prepare and mail notice, agenda, ballots, and proxies for Annual Meeting.
  • Attend Annual Meeting of Association Members (optional).
  • Attend Monthly Board of Directors Meeting (optional).
  • Prepare and mail all correspondence as directed by Board of Directors.
  • Prepare for renewal of insurance policies when due for expiration and assist with all insurance claims.
  • Provide telephone consultation for Board Members and Homeowners Monday through Friday between 9:00 AM and 5:00 PM.

II. ACCOUNTING & BOOKKEEPING

  • Arrange for Annual Reserve Study as required under California Statute 1365.
  • Assist Treasurer to prepare Annual Budget
  • Assist Board in establishing an Assessments Collection Policy.
  • Maintain current roster of homeowners and addresses.
  • Prepare and mail out monthly homeowner statements. (Return envelopes provided for convenience.)
  • Deposit all receipts in a timely manner.
  • Send delinquent assessment reminder and lien notices to homeowners.
  • Arrange for lien proceedings with Attorney for delinquent assessments.
  • Maintain and process Accounts Payable in a timely manner.
  • Provide a monthly report to Board of Directors.
  • Arrange for Annual Tax Returns and Annual Review (if necessary).
  • Assist with escrow documentation.

III. ON - SITE SERVICE

  • Conduct monthly walk through inspections and report to the Board as necessary.
  • Obtain bids for all required maintenance, repairs and improvements.
  • Supervise routine maintenance such as cleaning, landscape and pool maintenance.
  • Provide 24 hour emergency services.

RENTAL MANAGEMENT:

I. ADMINISTRATIVE

  • Establish & enforce building Rules & Regulations.
  • Prepare & execute rental agreements for new tenants.
  • Prepare & execute rent increases when appropriate.
  • Prepare & execute rental agreement extensions.
  • Prepare & mail all correspondence to tenants as needed.
  • Prepare for renewal of insurance policies when due for expiration and assist with any insurance claims.
  • Provide telephone consultation for all tenants Monday through Friday between 9:00 AM & 5:00 PM.

II. ACCOUNTING & BOOKKEEPING

  • Maintain current rent roll.
  • Collect and deposit all rents in a timely manner.
  • Send delinquent rent reminder and late notices to tenants.
  • When necessary, arrange for eviction proceedings with Attorney.
  • Maintain and process Accounts Payable in a timely manner.
  • Provide monthly report to owners which includes computer generated Balance Sheet and Financial Statements, Reconciled Bank Statements, Cash Flow with Budgets (Compares Budget vs. Actual), Check Registers, Copies of Non-Recurring Invoices, Outstanding List showing delinquent tenants, and copies of Reminder/Late Notices.

III. ON - SITE SERVICE

  • Conduct monthly walk through inspections and report to the owner[s] as necessary.
  • Obtain bids for all required maintenance, repairs and improvements.
  • Supervise routine maintenance such as cleaning and unit turnovers.
  • Provide 24 hour emergency services.

Services

Our Services are quite extensive and unique to each client.

We realize that no two associations or properties are the same and everything should be treated and approached with the individual property's needs in mind. We specialize in customizing a management process to the clients special needs.

We encourage an initial face to face meeting to get acquainted and learn your business and objectives.

Please contact us for an appointment to meet you at your property and exchange information. We will do a walk through and give you a FREE assessment of your current operating budget and its efficiency.
Even if you do not decide to do business with us at that time,we will leave you with a list of recommendations on how maximize the financial performance of the property and plan for the retention of its value.

Contact us today!

PROPERTY TYPES WE MANAGE
  • Multi-Family (5-19 units)
  • Multi-Family (20-99 units)
  • Homeowners Association (2-49 units)
  • Homeowners Association (50-99 units)
  • Condominium Association (2-49 units)
  • Condominium Association (50-99 units)
  • Condominium Association (100+ units)