Better Investments! CB Properties of Memphis, LLC Property - - PowerPoint PPT Presentation
Better Properties, Better Areas, Better Investments! CB Properties of Memphis, LLC Property Management In House Property Management Company 350 + properties under Management 98% of Clients are Investors Average vacancy 3.5%
homes)
dispatchers
(Lousy homes are a no win situation for a property manager)
to make improvements create unhappy tenants who hold us responsible)
succeed
tenants, etc)
Best Interest of Owner
Money – no matter how minor it is
Rate & Time on Market (Work in Progress)
Investor Feedback
Philosophy Well
Tenants)
service (Respond Quicker to Email then Voice Mail)
received maintenance call, follow up with when vendor is going out and follow up to make sure repair was done and they are happy
and investors to make sure maintenance items are being taken care off
sure everyone is on the same page and nothing is falling through the cracks
us.
wrote:
been taken care of.
Subject: Re: 5361 Timberdale
it was 30". So sorry for the confusion LG Mobile
Sent: Tuesday, December 22, 2015 10:53 AM To: 'Amber' Subject: RE: Maintenance Requets
measure the window so we can provide the owner with an estimate.
Sent: Monday, January 04, 2016 11:03 AM To: 'amber2916@yahoo.com' Subject: Maintenance Repairs
to our technician this morning and he said that the water leak and mold have been taken care of. I am STILL working to get an estimate for the window replacement. I have asked our project manager for an update on that this morning. Is everything else
Date: December 28, 2015 at 10:37:44 PM CST To: Alex Craig <Alex@memphisturnkey.com> Subject: Re: Ceiling Repair
Thank you! Rachel Jameson Sent from my iPhone
<Alex@memphisturnkey.com> wrote:
thought is that the dryer vent is clogged, thus heat not escaping, rather it is trapped in the pipe, which is causing the pipe to sweat. If we are right, we will clean out the dryer vent and the heat will pass through the vent, thus not sweating the pipe.
goal is to get the vendor out today, however, this vendor is the only one we have for this type of job. We understand the sense of urgency with a hole in your ceiling and want to let you know that we are wanting to get this fixed ASAP.
Sent: Thursday, January 07, 2016 8:34 AM To: Cristina Hammers Subject: Re: 4215 Elysian Weekly Update
not had any scheduled viewings. I will continue to keep you updated.
Out list and compared to Move In list, get keys and take pictures
to Investor)
Move Out) and send to investor via docusign
possibly funds too (We take wire via Intuit)
then 7 to 10th of the month
RR ESTIMATE
SKU Number SKU Description Quantity Unit Price Department Name Class Name Subclass Name Extended Retail PLUS TAX 426694 GLIDDEN PREM EXT SATIN BASE 1 4.8GAL 1 $107.00 PAINT EXTERIOR PAINT GLIDDEN PREMIUM EXTERIOR $117.70 601699 GLIDDEN PREM INT FLAT BASE 1 4.8GAL 2 $89.87 PAINT INTERIOR PAINT GLIDDEN PREMIUM $197.71 CONTRACTOR CAULK AROUND GARAGE DOOR, PAINT FRONT DOOR TRIM, PAINT 1 $900.00 SPECIALTY Labor $900.00 FINAL CLEANING 1 $75.00 SPECIALTY INTERIOR CLEANING Rosa Rodriguez $75.00 LANDSCAPING CUT GRASS, PICK STICKS AND DEBRIS 1 $75.00 SPECIALTY MOW, CLEAN LEAVES AND LIMBS Gaspar Xocol $75.00 601699 GLIDDEN PREM INT FLAT BASE 1 4.8GAL 1 $89.87 PAINT INTERIOR PAINT GLIDDEN PREMIUM $98.86 CARPET CLEANING CARPET HAS STAINS ALL OVER WHICH THE CARPET Co. WILL ASSESS AND DETERMINE IF THEY CAN BE REMOVED. 1 $75.00 SPECIALTY SPECIALTY American Carpet $75.00 1001219283 RECREATIONAL 1A10BC FIRE EXTINGUISHE 1 $18.98 ELECTRICAL SAFETY/SECURITY FIRE EXTINGUISHERS $20.88 182262 DC SMOKE A 2 $4.98 ELECTRICAL SAFETY/SECURITY SMOKE/FIRE $10.96 ESTIMATE TOTAL $1,581.09
26 Month Occupancy Tenant Move Out: 4/30 Next Tenant Move In: 6/1 Rent Difference + $20 Actual Cost came in at $1,534
High Res Clean Pic on Gorgeous Day – House looks Inviting 5347 Fieldcrest
Nicest Home on the Block! Oil Bronze Fans, Appliances & Ceramic Tile (Cordova)
This is by far the nicest home on the block--you will love making this place your home! Tons of upgrades! As you can see by the pictures, this home has ceramic tile floor in the living room, that along with the vaulted ceilings creates a large open space which makes the home seem a lot larger than it is. The bathrooms both have ceramic tile and nice decorative towel racks and new lighting fixtures. The house features other items such as: 1" Faux Blinds throughout oil bronze fans, new appliances and brush nickel faucets that gives it a sleek look of today's new construction trends. The backyard is nice size for a family, but not so large that you will be sending your Saturday afternoon doing yard work. We have an A+ Rating with the BBB that is earned from taking care of the individuals that live in our homes! Apply online at www.cbpropertiesmemphis.com or call CB Properties 901-620-6787 option # 2
1. Memphis Turnkey Clients Receive 8% Monthly Management Fee. Non Turnkey Clients Receive 9% 2. Management Fee is % of Rent Collected (no mgmt fee on vacant homes) 3. Maintenance charges- 15% on Cost Over Invoice (Contractors would charge 40%) 4. Maintenance Cost Allows us to Hire a Experienced Construction Manager 5. 75% of First Months Rent ($750 Min) for Tenant Placement 6. This Fee Allows us to Hire/Retain the Best In House Leasing Manager 7. $150 Lease Renewal Fee – Allows us to Offer Incentives to our Account Managers to Develop Tenant Relations and be Pro Active on Lease Renewals 8. Fees 4 through 8 are in large part our to cover Admistraive cost and to Reward Performance 9. Management Company Profit Center is the Management Fee Collected by Occupied Homes