Accounting For HOA/Condo Management Companies

HOA Accounting Services | Accounting For Condo Associations

OHI specializes in providing services of accounting for HOA/Condo associations to community management companies serving the homeowners association (HOA) market. With our unparalleled expertise in residential real estate accounting and a skilled team, we have successfully assisted numerous HOA management companies in scaling up their operations and boosting profitability.

Our team comprises experienced Junior Accountants and Property Accountants who offer accounting for condo associations services at cost-effective rates. They possess extensive knowledge in popular software platforms such as Condo Manager, Yardi Voyager, Appfolio, Buildum, QuickBooks, and Caliber. Our comprehensive accounting solutions have been trusted by over 120+ management companies across California, New York, Texas, Florida, Colorado, Washington, Massachusetts, and other states.

At OHI, we understand the unique challenges faced by homeowners association accounting companies, including a fragmented customer base, thin margins, limited revenue potential per HOA, and staffing difficulties. By leveraging our expertise and efficient accounting services, we enable our clients to overcome these challenges and achieve sustainable growth. Contact us for expert condo/homeowners association accounting services tailored to the needs of condo associations and homeowners associations.

Outsourced HOA/Condo accounting services

40-60% cost savings compared to in-house hired staff

40-60% cost savings compared to in-house hired staff

Staff with 6+ years of HOA accounting experience

Staff with 6+ years of HOA accounting experience

Daily receipting and payables, timely reconciliations and financials

Daily receipting and payables, timely reconciliations and financials

Our Credentials

120+

Commercial & Residential (HOA Management Cos., Condo Management Cos., Single-Family, Multi-Family) Clients

300+

Team Including CPAs, MBAs and Graduates

400+

Serving 400+ HOAs (through our clients) and 200,000+ units

6+

Staff with 6+ Years of HOA Accounting Experience

Clients Across USA

California | New York | Texas | Florida | Georgia | Ohio | Colorado | Kansas | Pennsylvania | Oregon | Washington And More

Key Real Estate Sectors

Homeowner Associations (HOA), Affordable Housing, Single Family Housing, Multifamily Apartments, Tax Credit & HUD Properties, Commercial, Student Housing, Retail, Industrial

We Serve Seven of the Top 50 Real Estate Managers in USA

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Our Services

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Software Expertise

Vantaca logo
Caliber logo
Condo manager logo
Frontsteps logo
PAY HOA logo
Avidxchange strong room logo
Sage logo
Rent Manager logo
Yardi logo
AppFolio logo
Avidxchange logo
Realpage logo
Quickbooks logo
MRI Logo
Nexus logo
Buildium-logo

Pricing

The indicative standard charges for Accounts Payable Specialist and Property Accountant roles are listed below. Custom packages of 25, 50 and 80 hours per month are available.

Hourly Charges

$12

* onwards

AP Specialist

$1800

* Full-time staffing (160 hours per month)

Property Accountant

$2400

Onwards

Staff Profiles

Client Profile

A specialized Community Association Management Company with offices in Aurora and Louisville, Colorado. They manage close to 70 communities.

Client Profile

An industry-leading Homeowner Association (HOA) management firm. They manage only condominium buildings. They have been in business since 2000, and is the highest rated management firm in Los Angeles.

Client Profile

A large Real Estate Investment and Management firm with more than 25 years of success as a real estate investor & sponsor. The company and its 1200 member team controls approximately 200 commercial and multifamily properties located in 30 cities.

Client Profile

A well-known Property Management Firm based in Santa Monica, CA. They manage Single Family, Multi- Family, Commercial and HOA communities.

Client Profile

A mid-size real estate firm in Miami, FL. The company manages over $300 million of real estate, over 4500 apartments and have been appointed receivers on over 15 properties.

Client Profile

A full service management company based out of Denver (CO) with extensive experience in both single and multifamily residential rental properties.

Contact Us

    FAQ

    What is HOA/Condo Management Accounting?

    HOA/Condo Management Accounting refers to the specialized accounting services tailored specifically for Homeowners Association (HOA) and Condominium Management companies. These accounting services are designed to meet the unique financial needs and regulatory requirements of HOA/Condo Management companies.

    Why do HOA/Condo Management Companies need specialized accounting services?

    HOA/Condo Management Companies handle complex financial operations that involve budgeting, collecting dues, paying vendors, managing reserves, and financial reporting. Specialized accounting services ensure accurate record-keeping, compliance with industry regulations, and transparent financial reporting to stakeholders such as homeowners, board members, and regulatory authorities.

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