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Self-management foolish or wise?

Self-management foolish or wise?. John Curran & Lyndsey Knox. Why?. Actual invoice from supplier was for €10,215 – Hidden Costs/Overcharging?. Actual invoice from supplier was for €70 – Hidden Costs!!. Incorrect Invoicing?. * (Ref :- Managing Apartment Developments - John Neelon ).

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Self-management foolish or wise?

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  1. Self-managementfoolish or wise? John Curran & Lyndsey Knox

  2. Why?

  3. Actual invoice from supplier was for €10,215 – Hidden Costs/Overcharging? Actual invoice from supplier was for €70 – Hidden Costs!! Incorrect Invoicing?

  4. * (Ref :- Managing Apartment Developments - John Neelon)

  5. Directors • Manage the Finances • Adhere to directors corporate responsibilities • Communicate openly with owners • Foster a professional working relationship directly with suppliers • Manage the day-to-day maintenance and up-keep of development • Ensure health & safety standards are met • Issue service charges and arrange debt collection • Perform good accounting practices and budgeting • Arrange contracts and projects • Arrange block insurance – and claims • Enforce House Rules • Provide out of hours emergency contact • Arrange AGM and company compliance Owners • Know your rights and obligations • Pay Service Charge • Adhere to House rules • Receive ‘Value for Money’ for your service charges • Attend AGM to have questions answered

  6. Where to Begin?

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