EAM assumed the property management at a time when no stability existed. The property had no executed leases or structure of record keeping.
Work Performed
- EAM caused leases to be executed
- Proper notification and documentation of tenants rights under federal government requirements lead based paint disclosure. Thus avoiding potentially significant penalties.
- Appropriate accounts receivable procedures were instituted
- Budgets were established
- Books of accounting were placed on Skyline Property® management software program
- Provided ownership with monthly operating statements, bank reconciliations and delinquency reports.
- Effectively stabilizing the physical asset and income stream
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