| Basic |
- Collect rents
- Renewal/new leases
- Market vacant apartments
- Thorough screening on new tenants
- Handle tenant move-in/move-out
- Supervise building personnel
- Take care of day to day operations
- Handle day to day tenant issues
- Annual rent registration
- Provide monthly and annual operating statements
- Pay regular operating expenses using building funds
- Manage vendor relationships
- Assist with finding building personnel when needed
- Landlord/tenant relations
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| Standard |
Basic plus:
- Annual Boiler/Sprinkler/Elevator Inspections and filing
- Annual fuel adjustment charges for rent control tenants
- File for MBR (maximum base rent) increases for rent control tenants
- File for MCI (major capital improvement) increases
- Arrange to & meet with city inspectors to clear rent impairing HPD violations (only after the owner has ensured all work to clear is complete)
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| Premium |
Standard plus:
- Meet with contractors to get work estimates when building repairs are necessary and provide owner with estimates
- Create building rules and procedures
- Negotiate leases
- Planning and budgeting
- Maximize net income of property
- Maintain interior and exterior of premises
- Obtain proper insurances
- Screen vendors/contractors
- Arrange to & meet with city inspectors to clear all violations (only after we have ensured all work to clear is complete)
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If you are an owner who does not fit into one of the 3 categories above and wants to customize a management program to your needs, we will gladly meet with you and take the time to develop a program and provide pricing.
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