Property Management
Property management is the supervision, control, as well as oversight of commercial, industrial or residential real estate in order to ensure that client's objective are met optimally. These objectives most times are usually for monetary benefits and thereby the need for property management to ensure that this objective and many others are met optimally. Management indicates a need to be cared for, monitored and accountability given for its useful life and condition. This is much akin to the role of management in any business of which real estate is not exempted. Property management is also the management of personal property, equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain end item deliverables. Property management involves the processes, systems and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization and disposition.
- Tenant sourcing & vetting
- Rent collection & reconciliation
- Lease administration
- Property inspections
- Monthly portfolio reporting
