MANAGEMENT COMPARISON
|
Bluestone and Hockley |
CMI |
|
|
Management Fee |
$16/unit = $1216/mo. |
$19/unit = $1446/mo. |
|
Board Meetings |
$0 for 4 times/year and $75/meeting over 4. |
$0 for 2 times/year and $95/hour meetings over 2. |
|
Board Meeting Minute Transcription |
$0. |
For first 2 meetings $0 and $60/hour additional meetings. |
|
Hours of Operation |
Management office open 7 days/week. |
Monday through Friday only. |
|
Project Coordination |
Up to $5000: no charge. $5000 and up: 5% of project total. Includes developing specs for project, meeting with contractors, and supervision of the job. Paid upon completion of work. |
CMI does not coordinate projects. For projects over $5000, contractor hired to oversee the project at a usual fee of 10% of project total. |