1 Kick-off Meeting
- 90-minute in-person meeting
- High-level analysis of portfolio
- Expectation setting
- On-boarding process overview
2 On-boarding
- Financial & Data
- Administrative
- Tech & Utilities
- Compliance
3 On-going Management
Reactive
- Accounting & Bills
- Leasing
- Maintenance & Turnover
- CHA Issues & Policy
Proactive
- Gutter cleaning
- Tax Appeals & Insurance Audit
- Rent: Perks, Increases, Renewals
- Surveys & Pre-inspections
4 Optimization
- Semiannual analysis and review
On-boarding Process Details
Financial & Data
-
Bank Account Setup
FEIN & Corp documents needed
-
Data Hand-off
Ledgers, leases, mortgage statements, etc.
-
Tax Review
MPM to review and appeal all real estate taxes
-
Insurance Audit
MPM to audit insurance for best rates/coverage
Administrative
-
Keys & Security Information
Keys, files, and all pertinent info delivered to MPM
-
Tenant Communication
Letters sent by MPM to tenants explaining changes
-
Maintenance Information
Any known deferred maintenance sent to MPM
-
Vendor Preferences
Preferred vendors (if any) sent to MPM
Tech & Utilities
-
AppFolio Setup
Rent roll imported and all units setup by MPM
-
Utilities Setup
Utility info given to MPM for audit and setup
Compliance
-
Change of Ownership
Forms completed with the CHA
-
Litigation Information
Open violations or court cases sent to MPM
What People Are Saying About Us
Get In Touch
MAIN OFFICE
(847) 674-5472
MAINTENANCE REQUESTS
(847) 978-2480