Celtic Property Management
10 years in business3033 W Jefferson St
Joliet, IL 60435-5249
Additional Phone Numbers
- (815) 726-0000
Additional Email Addresses
Find a Location
Type of EntityLimited Liability Company
- Mr. Tim McGinnis, Owner
- Property Management
- NAICS: Lessors of Residential Buildings and Dwellings
- Apartment Finding & Rental Service
- Real Estate Rental Service
Products & ServicesResidential Real Estate rentals on houses and condos in joliet and lockport
Licensing, Bonding or RegistrationThis business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Methods of Payment
- All types
Specializing in small Associations from 2 units to 100. Our goal at Celtic Property Management is to provide the highest level of service to meet each individual Condominium/HOA Association's needs no matter what the size. We strive to create a partnership with our clients by listening and responding to your suggestions and comments and we will work to ensure a mutually beneficial relationship.
Celtic Property Management is fully committed to our clients. In addition to providing the services you may already have in mind, with our knowledge and experience we may be able to offer helpful suggestions to increase the benefit of those services or we may be able to recommend new services that will be of value to both the Condominium Association and the Unit Owners.
We strongly believe that with integrity and response oriented service we can provide our clients with a property management system that will meet all their needs.
Accounting and Financial Management:
Maintain comprehensive financial accounting system for the Association
Insure timely production of detailed monthly financial statements
Provide online access to Board members to view financial reports
Maintain all necessary current financial records
Work with contracted auditor to accomplish periodic audit and tax preparation banking
Establish and maintain necessary banking accounts for operations
Provide bank account access to Board members
Obtain financing (Loans) for Capital Improvements if needed.
Financial Investments for Reserve (Savings) Funds
Searches for the best C.D. rates
Establishes new C.D.’s
Renew C.D.’s in a timely manner
Collect monthly assessments
Provide online payment option
Maintain assessment payment records for each member account
Provide online access to view payment history and to submit work orders
Provide electronic assessment payment alternative (ACH, Credit Card, ECheck, Etc.)
Enforce established collections policy when members pay late or not at all
Provide automated reminders for payments
Maintain office hours 6 days a week 9 to 6 (M-F) 9 to 1 (Saturday)
Provide Emergency phone for after hour emergencies.
Receive, validate, and process all invoices for payments
Insure all payments are made in timely manner
Arrange for payroll processing and tax reporting for Association employees (if required)
Investigate ways of reducing ongoing expenses
Provide initial draft of annual budget
Coordinate Board input to create final budget
Publish and distribute approved budget
Provide access to qualified legal advisors for consultation as needed
Insure that all legal requirements are met when handling delinquent accounts and/or
foreclosures or bankruptcy
Assist in Association’s compliance with all applicable laws and Association governing documents provide means to name registered agent for Association
Provide contact with qualified insurance representatives to secure Association insurance
Process all insurance claims to completion
Assign qualified, experienced, and appropriately licensed person as Community Manager
Prepare and distribute all necessary forms and documents related to annual Board
Conduct annual Board election
Attend Board meetings as required
Create and mail out Association Newsletters both hard copy and email
Maintain and keep current all Association governing documents and other records
Provide and maintain a user friendly website portal specific to the Association
Provide paid assessment letters for member’s property real estate transactions
Service Contract Management
Establish specifications for obtaining bids
Prepare bid sheets
Prepare bidder list
Assist Board in contract negotiations
Award contract after conclusion of negotiations
Notify and thank unsuccessful bidders
Confirm and monitor vendor liability insurance
Monitor vendor’s contract performance
Process resident’s payments for optional special services
Perform community inspections
Perform extensive annual common area landscape inspection
Manage common area assets
Monitor resident’s compliance with established community rules
Day to Day
Handle and direct Association mail directed to management company address
Provide phone and/or electronic means to handle member’s routine questions and other
Process resident’s architectural reviews for Board approval
Provide regular reports to Board on status of activities
Receive work order requests from residents and summarize to Board
BBB Reason for Ratings
Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
Out of Business
BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.
Misuse of Better Business Bureau Name/Logo
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.