ASSET MANAGEMENT
ASSET MANAGEMENT INVOLVES DEVELOPING A LONG TERM STRATEGY FOR REPOSITIONING YOUR PROPERTY AND STREAMLINING ITS OPERATIONS
Many things are changing in today’s Real Estate market. As the market continues to evolve you are likely noticing a variety of unique challenges as well as interesting opportunities. These conditions should push you to ask yourself a couple questions…..who is helping you navigate through these uncharted waters? Is your regular property manager equipped to guide you in today’s market? If you’re not sure, then you should consider reaching out to us.
At Strategic, we understand that in today’s market, regular property management services likely won’t suffice if your goal is to thrive in the current environment. You need to partner up with a property manager that thinks and works like an asset manager. You need a team that goes beyond handling the day to day tasks and can help you evaluate the market to avoid pitfalls and capitalize on unique opportunities. You need a team that can be creative in their approach to managing and improving the operations of your investment properties. You need a team that understands your individual goals, risk tolerance, needs, and can manage your properties accordingly. At Strategic, that’s what we do and what we can offer you.
AS YOUR ASSET MANAGER WE DO THE FOLLOWING AND MORE
- Develop a personalized strategy that addresses deferred maintenance, capital improvements, future leasing, and alternative income streams
- Analyze your mortgage to insure you have the best product to match your investment goals
- Perform a property tax review to determine if an appeal is warranted
- Review income tax minimization strategies such as cost segregation and 1031 exchanges
- Review your tenant mix to maximize rental income, minimize slippage, and foster synergy.
- Review your master lease template to insure the language is as landlord favorable as possible.