facebook pixel

Do You Need an HOA Management Company?

HOAs have the responsibility to handle all the day-to-day functions and long-term planning. That’s why board members volunteer their time; to have an active role in the decision-making process in the community they call home.

However, many boards and associations underestimate the time that’s required to effectively manage an HOA. It’s easy to get emotionally involved, and to feel overwhelmed.

Maybe you don’t think you need an HOA management company like Community Property Management. But, there are many benefits to working with one.

Transparent and Trustworthy Financials with Professional Management

One of the best reasons to work with professional homeowner association management is to keep your financials detailed, accurate, and transparent. This includes:

Collecting HOA dues monthly, quarterly, or annually.

Managing financial reports and accounting statements.

Creating an annual budget.


Providing monthly reports to the HOA board and homeowners.


Making recommendations for reserve accounts to pay for capital improvements.

At Community Property Management, we have innovative accounting software designed specifically for associations like yours. It provides efficiency and immediate access to all the data and financial information you need. Working with a professional management company also protects you from fraud and keeps your books in perfect order.

Maintaining and Improving Your Community

Your professional association management company can take a lot off the shoulders of busy board members. Expect routine maintenance around the community, contributing to a safe and attractive environment. Your property management company will identify and work with qualified, insured, and cost-effective vendors and contractors, whether they’re roofers, landscapers, or electricians. 

Homeowners expect to enjoy and appreciate the community they live in, especially when they’re contributing to its upkeep and protection by paying their dues and agreeing to assessments. Our team at Community Property Management can preserve the condition of your community, keep it well-maintained, and communicate with residents and board members when work is needed. This leads to fewer delinquencies, higher property values, and an easier time attracting new homeowners to the community.

More Information About Our Service Areas

CPM was started in 1985 with the idea that community management should be accessible, transparent, ethical, and proactive. With this simple business plan in place CPM has expanded to serve a variety of communities (to include, Condominium, Villa, Single-Family Homes (HOA), Town-home, Mid-Rise, and other styles of Multi-Family communities) and extended our service area to the entire Greater St. Louis Missouri and Illinois Metropolitan area including Missouri’s St. Louis, St. Charles, Jefferson, and Franklin Counties; and the Illinois counties of Madison, Monroe, St. Clair and Jersey.

St. Louis County Missouri

St. Charles County, Missouri

Jefferson County, Missouri

Monroe County, Illinois

St. Clair County, Illinois

Franklin County

Madison County

Jersey County


The wind storm we had last week blew off the gutter on the side of my house from the roof down to the ground. I reported it in the afternoon and the next morning it was repaired. Thank you for your promptness and taking care of this matter.


Professional Community Association Manager Trust Symbol
AMS Trust Symbol
Certified Manager of Community Associations Trust Symbol
Accredited Better Business Bureau Trust Symbol
Innovia Co-Op Trust Symbol
Community Association Managers International Certification Board Trust Symbol
Accredited Association Management Company Trust Symbol
Member of Community Associations Institute Trust Symbol
Heartland Chapter Community Associations Institute

What People Are Saying About Us

4.7 /5
100 Reviews

Aug 23, 2020
Community Property Management
To whom It may concern, Tracy Mulligan did an excellent job of following up with a request I had that was going to take diplomacy and confidentiality to maneuver through the circumstances. She did that very well. She also got back to me in a time frame that was very much appreciated. I felt safe in discussing my circumstances with her and sincerely trusted the confidentiality would be honored. If there are further comments will be helpful, please contact me. Tracy has my contact information. Wanda Northway
Aug 21, 2020
Community Property Management
Diversified Management/CPM has been our association management team for many years. They provide great management services to our home/lot owners. They do an exceptional job in supporting the work of our Board of Directors for the Copperstone Homeowners Association (CHOA). Their work has been invaluable as we transitioned from the developer to a stand alone CHOA. Thanks!
Aug 19, 2020
Community Property Management
Tracy has been very helpful in any and all my responsibilities as a resident and Board Member for our Country Club Villas 1 HOA endeavors. She’s very knowledgeable in so many areas and prompt to answer any questions we may have. I personally feel she has done an excellent job for us in all areas needed.
Aug 19, 2020
Community Property Management
Our manager, Tracy, is very responsive to my questions. She respects my concerns and answers emails as promptly as possible. She is a good listener and idea person.
Aug 6, 2020
Community Property Management
With your instructions I am unsure what you are looking for. I find this person and company doing a good job.

Want to Learn More?

If we can be of help or you’d like to learn more about what it’s like to work with Community Property Management, get in touch. We’d be happy to assist you or explain the differences CPM can make for your community through our proven systems and services.

  • This field is for validation purposes and should be left unchanged.

Community Property Management

242 Old Sulphur Spring Road St. Louis, MO 63021
(636) 227-8688 | (618) 420-6899