There are many ways a property management company can add value to your asset. Two huge reasons? We save you time and money. It requires a significant amount of focus and operational expertise to ensure your property is being maintained at its maximum value. At CHC, we are constantly evaluating your property for improvement both physically and financially.
We believe that our exceptional customer service, proactive strategy, and in-house expertise from a real estate development perspective are what set us apart. Our property managers have extensive experience managing our own buildings from the ground up, giving us a deeper understanding of all aspects of your property. Our services are always delivered with a sense of urgency, honesty, and integrity. At CHC, we utilize a hands-on, boots on the ground approach when it comes to the care of your asset, providing an unmatched, personal level of service to you and your tenants.
Our monthly property management fee is calculated as a set percentage of your property’s gross monthly income. For a non-stabilized asset or on an owner-occupied basis, we typically set a flat rate until your property is leased. A few factors we consider when determining a property management fee are the size of your building, the age of the structure, occupancy and vacancy ratio, & property location.
We utilize a powerful cloud‑based property management software called Appfolio, empowering our managers with a highly streamlined workflow and enabling us to focus on what is most important- providing exceptional service to our owners and tenants. Appfolio has advanced financial reporting capabilities and offers a convenient and secure experience for both tenants and owners alike. Utilizing our customized software platform, we are able to streamline the management process to provide efficiencies to both tenants and owners, ensuring your property is being maintained at its maximum value.
Each month, our building owners are provided with a detailed monthly report from their property manager. A general report structure consists of an executive summary of property activity followed by a series of financial reports including a Profit & Loss statement, Balance Sheet, General Ledger, Detailed Cash Flow, Bank Reconciliation, and Rent Roll. We also report on your property’s Aged Receivables and Tenant Insurance Expirations. Our monthly reports are completely customizable for each owner.
Absolutely! Our Software, AppFolio, provides our tenants the secure and convenient option of setting up automatic rent payments through a web-based tenant portal. This portal will also give them access to their account history, lease documents, and give them the ability to submit online work orders.
Reach out to us! We would love to learn about your property and understand your specific needs as a property owner.