SHERMAN OAKS, CA (July11, 2016) – ROSS MORGAN & COMPANY, INC. a full service Los Angeles, California based property management firm, is excited to have identified a new source of utility revenue for HOAs. After approximately 18 months of research and development, we have concluded that this is a unique opportunity to generate additional revenue across our portfolio. During the first 6 months of 2016 the program was beta tested with a small group of 10 associations and has successfully generated over $250,000 for these communities.
Per Brian Davidoff, CEO “it’s only a matter of time before this program is rolled out with the potential to add over $2,000,000 directly into the operating budgets of the communities we serve”. This will be a welcome change to the many of our clients as they take advantage of a previously untapped revenue source to build operating and reserve funds without the need to incur a dues increase or special assessment.
About Ross Morgan & Company, Inc
ROSS MORGAN & COMPANY, INC. is a leader in the field of property management of Homeowners Associations. Founded in 1982, our team of experienced professionals brings expert resources to all phases of Homeowner Association management, including finance, administration, maintenance and construction. Our policy of personal service, provided in a professional and courteous manner with genuine integrity and respect for our clients has been the key to our success over the years. For more information, visit our website at www.rossmorganco.com.