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.