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“If you refuse to see two sides of an issue, you have rendered yourself blind in one eye.”
“Strive not to be a success, but rather to be of value.” – Albert Einstein
“Remember the three R’s...Respect for self; Respect for others; and Responsibility for all your actions.”
Commercial Property Realtor Fredericksburg

PROFESSIONAL MANAGEMENT SERVICES
Blackwood Management is a professional property management company proudly serving the greater Fredericksburg area. We specialize in delivering experienced, responsive, and effective management services for various associations and commercial properties. Our current portfolio includes both commercial and residential associations, as well as individual commercial properties.

 

COMMERCIAL AND RESIDENTIAL MANAGEMENT
At Blackwood Management, Inc., our approach to service can be summed up in three words: execution, execution, execution. We understand that the most common reason management companies fall short is a failure to consistently deliver on the fundamentals. Our commitment is to execute the essential tasks of association management every day. We invite you to explore our services and contact us to discuss how we can help you achieve a better-managed community.

 

Our Association Management Services Include:
• Data Management
• Financial Management
• Site Management
• Contract Services Management
• Enforcement of Governing Documents

 

DATA MANAGEMENT & TECHNOLOGY
• We utilize a leading industry software for all our commercial property and association management. This state-of-the-art system provides fully integrated accounting and superior control of all accounts.
• The software maintains accurate records on unit accounts, owner histories, violation tracking, delinquent accounts, property maintenance, payables, receivables, computer check writing, deposit reporting, and bank reconciliations.
• Vendor management is streamlined with comprehensive tracking of all vendor accounts.

 

FINANCIAL MANAGEMENT

• We professionally manage all aspects of billing, collections, and financial record-keeping using accrual- based accounting practices.
• Our full-time financial manager is available to assist owners with association or property-related financial inquiries.
• Online payment options are available for rents and assessments.
• Comprehensive financial records are maintained, including balance sheets, income statements, and general ledgers. We also assist CPAs with annual compilations, reviews, audits, and tax return preparation.
• Assessment statements are provided on a monthly, quarterly, or annual basis, with diligent follow-up on delinquent accounts in accordance with landlord and association policies.
• Financial reports are prepared for landlords and Boards of Directors, along with supporting materials for annual, regular, and special meetings as needed.
• We assist associations in establishing websites for easy access to community information.

 

SITE MANAGEMENT
• We conduct regular site inspections and provide detailed reports to landlords and Boards of Directors.
• Potential insurance claims are promptly addressed, and settlements are handled as required.
• We ensure that all necessary insurance coverage is in place and compliant with landlord requirements or association governing documents.