4starprop Property Management Services
At 4starprop, we understand that every property owner has unique needs and requirements. That's why we offer tailored property management services that are customized to meet your specific needs. Our team of professionals will work closely with you to understand your goals and preferences, ensuring that every aspect of your property is taken care of. From tenant screening to maintenance and repairs, we handle everything to ensure that your property is always in top condition.
Property Management
Though we are considered “Property Management” and “Property Managers” in the industry; we prefer to be called Community Managers because we do so much more than just manage the property. We manage the community as a whole, not just the property it’s on. We handle everything from overseeing contractors to handling the income and expenses of the community. We take pride in each one of our communities and strive to make our relationship with our Homeowners and Board members our main concern.
We take a professional and serious approach to our business and invest in people and technology that make us the best of the best. We aim to provide service and pricing that cannot be beat.
We have one fact we always remember; your community is your home; and your home is your biggest Asset. We make it a priority to preserve, maintain and enhance the property values of your community.
Bookkeeping
Our bookkeepers are highly experienced and known for their exceptional bookkeeping skills. Their methods and attention to detail are unparallel to any competitor. 4 Star will provide our customers with professional, high quality service and accurate reporting. Our team has an established working relationship with the local Accountants who specialize in Association Tax Returns, know Association accounting specifically, and trust our financials to be accurate as well as timely.
The scope of work includes: producing accrual financials and reconciling all balance sheet items each month; collecting and applying all dues or rent of the community as well as charging any late fees, interest or additional charges as needed. Deposits are made with an in-house scanner and hit your account immediately, only cash goes to the bank. We have separate team members that handle the accounts receivable and accounts payable to maintain proper checks and balance.
Our Accounting department is located in the office as our Property Managers, therefore, there is never a worry that invoices, payments or other financial material will get lost during transfer. When allowed to use our usual collection procedures AR is typically under 5%. This allows us to maintain the proper cash flow to ensure that bills are paid by the due date.
We prepare or assist the Board in preparing the annual budgets. Each Community/Client has their own individual bank account(s) in the Community/Clients name. At no time are any funds comingled with the 4 Star’s Account or that of another Association as this is not recommended practice by the GAAP.
Most of our clients are corporations or businesses and are not qualified for fee-free banking; therefore we have an arrangement with M&T bank to combine all banking fees for a cheaper rate that is passed along to the client. In addition to our Association clients, we also offer bookkeeping to any business that could use outside bookkeeping. Each client has their own separate bank account that is maintained by their assigned bookkeeper.
A financial report is provided each month detailing every transaction of the account, so there is never a question and every penny is accounted for.
Maintenance
We provide top notch service with a quick and reliable response time. In addition, if you need a licensed contractor such as an electrician or HVAC service, our team has established professional relationships with numerous contractors from the Poconos to the Philadelphia areas.
As a new company, we temporarily have a limited maintenance available; however, we will be expanding in this area in the near future. In the meantime, we will take your call and if our current technicians are not able to complete the work; we will assist in finding a contractor that can. Our team has established professional relationships with numerous contractors from the Poconos to the Philadelphia area.
Real Estate
Looking to buy or sell your home? 4 Star Property Management has joined forces with well known broker______________________________________
Do you have a Rental Property? Our Rental Agent has the resources to quickly and effectively rent out your property. Working closely with 4 Star Property Management Christine will manage the day to day operations of your asset.
Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.
Franklin D. Roosevelt
Got any questions? Drop us a text
We make it a priority to preserve, maintain and enhance the property values of your community.
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