So often when I start working with property owners, I quickly discover ways their former property asset management companies have been cutting corners that, perhaps, costs the owner more or devalues the property. But then that’s one of the primary reasons to hire me. I don’t cut corners. There is a right way to do […]
Is Your Real Estate Manager Thinking Like An Owner?
Many property managers claim they “think like an owner” or “manage the property like it’s my own.” When you think about it though, is this really what a savvy owner is looking for? As a real estate asset manager, I think of a property as an asset. I’m not there only to maintain the property, […]
6 Financial Reports Your Property Manager Should Provide
In the management of income producing real estate assets, we know unnecessary costs need to be cut from operations. We know expenses should be reduced when possible. We know we should take full advantage of additional income streams and increased rents and fees to increase revenue. When these tasks are performed correctly, the income potential […]