What does an HOA management company do?

An HOA management company handles the governance, financial and administrative support for community associations. GPM services include everything Board Members need for seamless operations. We can provide accounting services and budget development, maintenance operations, efficient board governance, as well as providing support and account management for association members.

Why should I hire an HOA Management company?

An HOA management company provides vital services to ensure the daily operations of the community run flawlessly, including vendor management, risk reduction, business guidance, community building, collections and accounting, as well as administrative needs. Learn More

What vacation home services does Granite Peak provide?

Granite Peak Management provides a range of services for vacation homes through its brand, Tahoe Vacation Rentals. Services include rental management and maintenance for a variety of short-term and long-term vacation homes as well as ski lease rentals in the Tahoe area. Learn More

What are the benefits of hiring a condo hotel management company?

A condo hotel management company can help promote and market your condotel, ensure your investment performs with top revenue, and save money on maintenance and upkeep. The management company acts as a point of contact for condo hotel guests and makes sure day-to-day operations run without issue. Learn More

What properties make up the Granite Peak portfolio?

Granite Peak manages two condo hotels, Donner Lake Village and Squaw Valley Lodge, as well as a number of short-term and long-term vacation home rentals and ski leases in the Tahoe area. The team also manages more than 30 community associations, from HOAs to property owners associations. Learn More

What services does a property management company provide?

A few of the main services a property management company can provide include: Readying the home or property for rent Promoting and marketing the property Finding and screening tenants Finances, including rent collection and bill payments Accounting and bookkeeping services Maintenance and upkeep of the property Hiring of outside vendors Acting as a point of contact for tenants

How do I choose the right property management company?

It is important to choose a property management company that has a proven track record of success, with a focus on ensuring your property reaches maximum revenue potential. An experienced and successful property management company will respond to all tenant requests, will coordinate with contractors, and handle any upkeep, repairs, and improvements needed for the property.

Do property management companies handle maintenance?

Yes, typically property management companies will take care of maintenance and upkeep of the property. This could include anything from leaks to faulty wiring and will generally require the hiring of an outside vendor which the management company takes care of. The tenant is liable for any damage that they cause, following an assessment in cost by a professional.

What are some tips for new property owners?

First and foremost, hire a property management company to oversee and run the day-to-day operations of your property. A management company has the experience, staff, and resources to ensure your property reaches its maximum revenue potential. The company will also have the resources to listen and respond to all tenant requests, handle upkeep and maintenance, and market and promote your property.

What is the main goal of a property management company?

The top priority of any property management company is to help realize the maximum profit on the property and to help meet or exceed the owner’s goals. A management company’s resources and operations experience allow them to foster happy tenants which leads to increased revenue.

Do condo hotels appreciate?

Yes, condo hotels can significantly appreciate while the owner receives revenue that helps cover the expense of ownership. Additionally, owners of condo hotel units are able to resell their units at any time while retaining the profits from appreciation.

Can you finance a condo hotel?

Yes, those interested in condo hotel ownership and investment can take advantage of condotel and non-warrantable condo loans. These loans run approximately a half percent higher than most conventional mortgage loans.

Can condo hotel owners rent out their units themselves and keep the revenue?

Yes, however the downside to self-managed rental is the cost in both time and labor required to rent out the property. A condo hotel management company can handle all the marketing and promoting of the property, ensuring maximum tenancy, as well as maintenance, upkeep, reservations and management of day-to-day operations. A management company’s experience can play a vital role in ensuring maximum return on investment.

What are some keys to a successful condo hotel?

A successful condo hotel offers amenities that guests are looking for in a desirable location. It is vital that the relationship between the guests and condo hotel management is a strong one, and that the needs and wants of guests are considered in all facets of the property’s offerings and operations.

What is in the agreement between the condo hotel buyer and the hotel management company?

Agreements between condo hotel management companies and condo hotel buyers allow owners to feel safe and secure in their investment. These agreements can include guarantees on revenue received by each party, standard deductions for equipment and amenities, financial responsibilities, and notices required for owner’s usage of their condo hotel units.

How do you professionally manage your community associations

Effective community association management starts with a well-informed Board. GPM provides orientation training for all new Board Members and up-to-date guidance on new legal issues affecting HOA’s. Our staff fields questions and requests from members, and helps the Board focus on the issues that matter to their neighbors. Fostering a happy community leads to long-term residents and maximum return on investment.

Are Granite Peak’s community managers certified and accredited?

Yes, each of GPM's HOA Managers are Certified Community Association Managers, accredited by the CA Association of Community Managers. Our company depth and expertise include accounting, maintenance, risk management, financial, and board governance, among other services.

Do property management companies provide financial and accounting services?

Yes, Granite Peak Management has a team dedicated to accounting and financial management. Our highest service level offerings are customizable to handle any requirements you have, and we offer several tiers of service to allow your association to choose the level of need.

What is board governance?

Board governance refers to the management and framework that determines how the board operates and functions. This can include handling the board’s organizational responsibilities, structure, and makeup to ensure that the board runs efficiently and without any challenges.

What is risk management?

Risk management is the process of analyzing and identifying potential risks to an association’s revenue and capital. Risks can come from market uncertainty, legal costs and liabilities, poor management, accidents, or breakdowns in technology – all of which can be monitored and mitigated by a successful risk management team.

What does a property manager do for a vacation home?

A property manager can market and list the vacation home for rent across several booking channels, handle price adjustments on rentals based on season, respond to queries from guests or potential renters, and handle any maintenance and cleaning requirements to prepare the home for rent.

Is a vacation home considered an investment property?

Yes, the IRS considers any second home an investment property if you spend less than two weeks staying in it, and then rent it for the remainder of the year. Depending on how long you have owned the home, the amount of capital gains taxes owed may differ.

What are the benefits of hiring a property management company?

A property management company gives guests a single point of contact for questions, requests, payment, and scheduling. They can also market and promote the property to ensure it is filled throughout the year given their experience in the market. If you own multiple properties, a property management company can save valuable time and resources on management, as well as preparation and promotion of the homes.

Does Granite Peak manage ski leases?

Yes, Granite Peak offers a number of short term and long term ski leases in the Tahoe area. Our team has years of experience in the region, with many properties that offer close proximity to ski resorts like Squaw Valley, Alpine Meadows, Truckee, and Homewood.

What services do you provide for long term rentals?

Granite Peak offers promotion and marketing services to keep your long-term rental occupied, maintenance and upkeep of the property, payment, and handles any and all guest requests or issues. In addition to these and other services, our services can be customized and tailored to your property’s specific needs.

FAQs

Home

What does an HOA management company do?

An HOA management company handles the governance, financial and administrative support for community associations. GPM services include everything Board Members need for seamless operations. We can provide accounting services and budget development, maintenance operations, efficient board governance, as well as providing support and account management for association members.
Why should I hire an HOA Management company?

An HOA management company provides vital services to ensure the daily operations of the community run flawlessly, including vendor management, risk reduction, business guidance, community building, collections and accounting, as well as administrative needs.
Learn More
What vacation home services does Granite Peak provide?

Granite Peak Management provides a range of services for vacation homes through its brand, Tahoe Vacation Rentals. Services include rental management and maintenance for a variety of short-term and long-term vacation homes as well as ski lease rentals in the Tahoe area.
Learn More
What are the benefits of hiring a condo hotel management company?

A condo hotel management company can help promote and market your condotel, ensure your investment performs with top revenue, and save money on maintenance and upkeep. The management company acts as a point of contact for condo hotel guests and makes sure day-to-day operations run without issue.
Learn More
What properties make up the Granite Peak portfolio?

Granite Peak manages two condo hotels, Donner Lake Village and Squaw Valley Lodge, as well as a number of short-term and long-term vacation home rentals and ski leases in the Tahoe area. The team also manages more than 30 community associations, from HOAs to property owners associations.
Learn More

Services

What services does a property management company provide?
A few of the main services a property management company can provide include:

Readying the home or property for rent

Promoting and marketing the property

Finding and screening tenants

Finances, including rent collection and bill payments

Accounting and bookkeeping services

Maintenance and upkeep of the property

Hiring of outside vendors

Acting as a point of contact for tenants
How do I choose the right property management company?

It is important to choose a property management company that has a proven track record of success, with a focus on ensuring your property reaches maximum revenue potential. An experienced and successful property management company will respond to all tenant requests, will coordinate with contractors, and handle any upkeep, repairs, and improvements needed for the property.
Do property management companies handle maintenance?

Yes, typically property management companies will take care of maintenance and upkeep of the property. This could include anything from leaks to faulty wiring and will generally require the hiring of an outside vendor which the management company takes care of. The tenant is liable for any damage that they cause, following an assessment in cost by a professional.
What are some tips for new property owners?

First and foremost, hire a property management company to oversee and run the day-to-day operations of your property. A management company has the experience, staff, and resources to ensure your property reaches its maximum revenue potential. The company will also have the resources to listen and respond to all tenant requests, handle upkeep and maintenance, and market and promote your property.
What is the main goal of a property management company?

The top priority of any property management company is to help realize the maximum profit on the property and to help meet or exceed the owner’s goals. A management company’s resources and operations experience allow them to foster happy tenants which leads to increased revenue.

Condo Hotel Management

Do condo hotels appreciate?

Yes, condo hotels can significantly appreciate while the owner receives revenue that helps cover the expense of ownership. Additionally, owners of condo hotel units are able to resell their units at any time while retaining the profits from appreciation.
Can you finance a condo hotel?

Yes, those interested in condo hotel ownership and investment can take advantage of condotel and non-warrantable condo loans. These loans run approximately a half percent higher than most conventional mortgage loans.
Can condo hotel owners rent out their units themselves and keep the revenue?

Yes, however the downside to self-managed rental is the cost in both time and labor required to rent out the property. A condo hotel management company can handle all the marketing and promoting of the property, ensuring maximum tenancy, as well as maintenance, upkeep, reservations and management of day-to-day operations. A management company’s experience can play a vital role in ensuring maximum return on investment.
What are some keys to a successful condo hotel?

A successful condo hotel offers amenities that guests are looking for in a desirable location. It is vital that the relationship between the guests and condo hotel management is a strong one, and that the needs and wants of guests are considered in all facets of the property’s offerings and operations.
What is in the agreement between the condo hotel buyer and the hotel management company?

Agreements between condo hotel management companies and condo hotel buyers allow owners to feel safe and secure in their investment. These agreements can include guarantees on revenue received by each party, standard deductions for equipment and amenities, financial responsibilities, and notices required for owner’s usage of their condo hotel units.

Community Association Management

How do you professionally manage your community associations

Effective community association management starts with a well-informed Board. GPM provides orientation training for all new Board Members and up-to-date guidance on new legal issues affecting HOA’s. Our staff fields questions and requests from members, and helps the Board focus on the issues that matter to their neighbors. Fostering a happy community leads to long-term residents and maximum return on investment.
Are Granite Peak’s community managers certified and accredited?

Yes, each of GPM's HOA Managers are Certified Community Association Managers, accredited by the CA Association of Community Managers. Our company depth and expertise include accounting, maintenance, risk management, financial, and board governance, among other services.
Do property management companies provide financial and accounting services?

Yes, Granite Peak Management has a team dedicated to accounting and financial management. Our highest service level offerings are customizable to handle any requirements you have, and we offer several tiers of service to allow your association to choose the level of need.
What is board governance?

Board governance refers to the management and framework that determines how the board operates and functions. This can include handling the board’s organizational responsibilities, structure, and makeup to ensure that the board runs efficiently and without any challenges.
What is risk management?

Risk management is the process of analyzing and identifying potential risks to an association’s revenue and capital. Risks can come from market uncertainty, legal costs and liabilities, poor management, accidents, or breakdowns in technology – all of which can be monitored and mitigated by a successful risk management team.

Vacation Home Services

What does a property manager do for a vacation home?

A property manager can market and list the vacation home for rent across several booking channels, handle price adjustments on rentals based on season, respond to queries from guests or potential renters, and handle any maintenance and cleaning requirements to prepare the home for rent.
Is a vacation home considered an investment property?

Yes, the IRS considers any second home an investment property if you spend less than two weeks staying in it, and then rent it for the remainder of the year. Depending on how long you have owned the home, the amount of capital gains taxes owed may differ.
What are the benefits of hiring a property management company?

A property management company gives guests a single point of contact for questions, requests, payment, and scheduling. They can also market and promote the property to ensure it is filled throughout the year given their experience in the market. If you own multiple properties, a property management company can save valuable time and resources on management, as well as preparation and promotion of the homes.
Does Granite Peak manage ski leases?

Yes, Granite Peak offers a number of short term and long term ski leases in the Tahoe area. Our team has years of experience in the region, with many properties that offer close proximity to ski resorts like Squaw Valley, Alpine Meadows, Truckee, and Homewood.
What services do you provide for long term rentals?

Granite Peak offers promotion and marketing services to keep your long-term rental occupied, maintenance and upkeep of the property, payment, and handles any and all guest requests or issues. In addition to these and other services, our services can be customized and tailored to your property’s specific needs.

FAQs

Home

What does an HOA management company do? What does an HOA management company do?

Why should I hire an HOA Management company? Why should I hire an HOA Management company?

What vacation home services does Granite Peak provide? What vacation home services does Granite Peak provide?

What are the benefits of hiring a condo hotel management company? What are the benefits of hiring a condo hotel management company?

What properties make up the Granite Peak portfolio? What properties make up the Granite Peak portfolio?

Services

What services does a property management company provide? What services does a property management company provide?

How do I choose the right property management company? How do I choose the right property management company?

Do property management companies handle maintenance? Do property management companies handle maintenance?

What are some tips for new property owners? What are some tips for new property owners?

What is the main goal of a property management company? What is the main goal of a property management company?

Condo Hotel Management

Do condo hotels appreciate? Do condo hotels appreciate?

Can you finance a condo hotel? Can you finance a condo hotel?

Can condo hotel owners rent out their units themselves and keep the revenue? Can condo hotel owners rent out their units themselves and keep the revenue?

What are some keys to a successful condo hotel? What are some keys to a successful condo hotel?

What is in the agreement between the condo hotel buyer and the hotel management company? What is in the agreement between the condo hotel buyer and the hotel management company?