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