Property Management

Our primary objective is to make your property profitable and worry free.

Our commitment and proven proficiency in management originates from a hands-on approach that incorporates the following results-driven action steps that are initiated and personally overseen by the principle of Brenits Realty.

Property Management Services

  • Operate and maintain the property within approved budget expense parameters, including capital expenditures and tenant improvements
  • Timely collect rent and other income in accordance with lease terms
  • Enforce leases and tenant compliance for sales reporting, HVAC maintenance, insurance certificates, etc.
  • Represent the owner in any disputes, including court representation
  • Coordinate legal action with an owner-approved attorney for any tenant defaults
  • Competitively bid, negotiate, and contract for all required services.
  • Secure all necessary insurance, licenses, permits and authorizations over property
  • Maintain regular contact with each tenant, responding quickly to questions or problems to ensure positive relations.
  • Perform weekly site inspections
  • Schedule and maintain risk management and prevention assessments
  • Conduct final inspection upon tenant vacancy and handle security deposit issues as appropriate

Accounting & Administrative Services

  • Prepare and submit monthly financial reports using Timberline accounting software
  • Prepare monthly tenant rent billings
  • Complete lease administration including rent increases and lease compliance
  • Develop cash flow forecasts
  • Develop a detailed annual budget
  • Generate late notices to tenants & assess late fees as appropriate
  • Prepare tenant pass-through schedules
  • Complete CAM and real estate tax reconciliation billings for all tenants
  • Collect and analyze tenant sales reports & trends
  • Review real estate tax assessment and make recommendations for tax appeal if appropriate
  • Consistently track lease expiration status and expiration dates to prepare for lease renewal or new tenant search
  • Establish an escrow account for security deposits

Property management services will be tailored to meet your specific needs.

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