WHY CHOOSE SOUTHPORT PROPERTY MANAGEMENT?
Clients tell us that our service exceeds their expectations. This pleases us, as it means our strategy of delivering a new standard of service to community associations in Southwest Florida is working.
This service level is the result of the core philosophies we employ in our business. We are pleased to share them with you, and we will always be held accountable to them in our relationship with you.
WE BELIEVE:
ARE YOU ADEQUATELY INSURED?
Condominium owners sometimes assume that the association’s master insurance policy is all the coverage they need. The master policy actually only covers the building, not your personal belongings, or any upgrades you’ve made to your unit.
The following items are generally not covered by the association's master policy:
- Flooring
- Wall coverings
- Window treatments
- Cabinets
- Appliances
- Fixtures
- Furniture
- Personal affects
- Renovations
WHY DO WE NEED RESERVES?
Equipment and major components (like the roofs) must be replaced from time to time, regardless of whether we plan for the expense. We prefer to plan and set the funds aside now. Reserve funds are not an extra expense—they just spread out expenditures more evenly. There are other important reasons we put association monies into reserves every month:
- Reserve funds meet legal, fiduciary, and professional requirements. A replacement fund may be required by:
a. Any secondary mortgage market in which the association participates
POWER DOWN & SAVE MONEY
Looking to cut back due to a tight budget or ready to go green? Here are 10 quick and easy tips to accomplish both:
- Unplug appliances and electronics. TVs, computers and kitchen appliances, as well as cell phone and laptop chargers, all use energy when they are plugged in—even if they are turned off.
- Use power strips. “Smart” power strips automatically turn off when electronics are off or when one main unit (like your personal computer) is powered down.
