Capital Asset Management handles all aspects of property management on behalf of our clients. Some of our services include:
You only have to go to one place for all of your property needs. As property managers, we strive to develop strong, mutually beneficial relationships with our clients built on trust and continuous communication and information.
The most challenging and often rewarding part of our property management service is managing tenant relationships. At its core, tenant relationship management is about retaining quality tenants you already have and creating a positive environment that attracts new ones, increasing property value.
It is your property and you control where the money goes. Monthly reports will keep you abreast of all financial activity. You approve the expenses and monthly distributions are done to put the money where it belongs, your bank account.
Every monthly report includes notes on monthly property activities, collections and variances. The variance reports that explain how the property is tracking to the budget and, if there is a variance, why it occurred. Expenses outside of the budget must be approved by the property owner first and we use sophisticated systems to track and approve expenses through well-defined workflows.
The budget is the centerpiece of our work, outlining all contracted and expected expenses over the coming year as well as anticipated income that we will collect. We analyze expenses to make sure they are in line with industry standards and evaluate vendors for their quality of work. Accurate budgets give our clients meaningful information on revenues, services and the bottom line.
Our team at Capital Asset Management produces accurate and timely operating budgets and financial reports in formats tailored to specific client requirements. Our standard monthly report includes a full range of information including but not limited to:
We save our clients significant legal charges by offering the following optional services: