We help busy professionals build winning real estate portfolios by helping them build and increase total wealth over time by acquiring, maintaining, and trading investments that have the potential to grow in value. Our Asset management division involves the following four areas:

1.  Property management. The better your property is managed, the greater your NOI will be. Proper property management affects the value of your property because it will affect your collection rate. Our goal is to decrease the vacancy rate and retain good tenants.

2.  Repositioning. We will focus on image make over of the property by changing the appearance, reputation, and its image. It involves capital if you are rehabilitating properties and changing the tenant mix. It might mean converting an “all bills paid” property to an individually metered property. Many times repositioning has to do with the reputation of the property, and therefore, you may need to change the property’s name. Some property owners put out a sign that says, “Under new management,” but a brand new sign including a brand new name is even better.

3.  Adding income sources. Apartment owners can add income sources to their properties by installing vending machines or adding Laundromats. Be creative when thinking of ways to add income sources. Perhaps your tenants have a need for storage; add small storage units for rent. Other possible sources for income include an onsite daycare center, cable television, an exercise room, clubhouse rental fees, pay phones, house cleaning services, and Internet access.

4.  Reducing expenses. Reducing expenses means, looking at every expense as something that can be eliminated or reduced. That said, landlords have a responsibility to their tenants to provide safe and decent housing, but with creativity, you can find ways to cut costs. Perhaps the previous property owner hasn’t shopped around for better deals on insurance, repairs and maintenance, pest control, security, and lawn care. By lowering one or more of these costs, you can increase your NOI, thus adding value to the property.

5.  Sustainable and Green initiatives. Increasing the bottom-line performance and operations of real property assets through energy efficiency, water conservation and sustainability best practices.

–  Assess the baseline energy consumption of your property

–  Design ideal solutions with strong energy savings for you

–  Provide turn-key implementation of your improvements

–  Identify financial incentives to offset project costs

–  Enhance the users’ experience of your assets

–  Improve the marketability of your property

–  Meet present and future building codes

–  Increase the value of your property