How many associations does each manager handle?

Each property manager oversees an average portfolio of about eight associations. Because associations vary in size and demand, some managers carry more than ten and some as few as four. Goodwin says it backs managers with support staff rather than loading them with more associations.

What is the term of the management contract?

Goodwin says it does not lock clients into long-term contracts and expects to earn the business every month. Spending is also capped: the management agreement sets an amount the manager cannot exceed without board approval.

How long does it take to transition management?

The firm asks for 30 days' lead time before taking over management. After the contract is signed it collects resident and vendor information from the outgoing management company, notifies them of the change, and coordinates the transfer of files and financial reports before the transition date.

Are there hidden costs?

Goodwin states there are none, and offers to provide an existing client referral to confirm it. Separately, the company notes that a fee may be charged to an owner's account for pool and gate keys, in line with its association management contract.

Property managers

Goodwin & Company

Goodwin & Company is a community association management firm. Its core business is running homeowners associations and condominium associations for volunteer boards: governance support, financial management, vendor contracts, rules enforcement, resale certificates, and day-to-day operations across Texas, Colorado, and Louisiana.

Around that sit master-planned community management, Colorado metro districts, single-family home property management, commercial property management, and residential and commercial brokerage and leasing. A developer services team works with land developers and homebuilders from pre-development consulting on governance structures, budgets, and community guidelines, through operational setup of the association's finances and vendor contracts, to the transition from developer control to homeowner control.

Founded in Austin, Texas in 1978, the firm reports more than 1,300 community associations under management and a 10-year average employee tenure. Each manager carries an average of about eight associations, ranging roughly from four to more than ten. Complete financial reports go to the board on or before the 15th of each month, by email and posted to the board-only area of the association's web page. Offices are in Austin, Richardson, Spring, Houston, Humble, San Antonio, and Abilene in Texas, and Aurora, Colorado.

The firm says it does not lock clients into long-term contracts and that spending above a figure agreed in the management agreement needs board approval. It asks for 30 days' lead time to take over management from an incumbent. Resident care runs on 855-289-6007 on weekdays.

Best for

HOA and condominium boards in Texas, Colorado, and Louisiana that want a manager with a capped portfolio per manager and no long-term contract. Owners looking only for commercial management should confirm which office handles it.

What they do

HOA and condominium association management
Master-planned community management
Colorado metro district management
Developer and homebuilder HOA services
Single-family home property management
Commercial property management
Residential and commercial brokerage
Leasing and rental management
Association financial reporting
Resale certificate processing

Details

Attribute	Value
Founded	1978
Other offices	Richardson, TX, Spring, TX, Houston, TX, Humble, TX, San Antonio, TX, Abilene, TX, Aurora, CO

What stands out

Manages more than 1,300 community associations across Texas, Colorado, and Louisiana.
Founded in Austin, Texas in 1978.
Managers carry an average of about eight associations each, some as few as four and some more than ten.
Reports a 10-year average employee tenure.
Issues complete financial reports to boards on or before the 15th of each month.

Common questions

How many associations does each manager handle?: Each property manager oversees an average portfolio of about eight associations. Because associations vary in size and demand, some managers carry more than ten and some as few as four. Goodwin says it backs managers with support staff rather than loading them with more associations.
What is the term of the management contract?: Goodwin says it does not lock clients into long-term contracts and expects to earn the business every month. Spending is also capped: the management agreement sets an amount the manager cannot exceed without board approval.
How long does it take to transition management?: The firm asks for 30 days' lead time before taking over management. After the contract is signed it collects resident and vendor information from the outgoing management company, notifies them of the change, and coordinates the transfer of files and financial reports before the transition date.
Are there hidden costs?: Goodwin states there are none, and offers to provide an existing client referral to confirm it. Separately, the company notes that a fee may be charged to an owner's account for pool and gate keys, in line with its association management contract.