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Return to RP Investments
Asset Management
The process of asset management is multifaceted and begins with a realistic assessment of the current market position for the property. As we manage your property, its performance is evaluated monthly for......
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Net operating income, cash flows and whether equity growth be increased in the current market conditions?
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If allocations for capital repairs and improvements are adequate to maintain steady cash flow?
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If the properties are at risk for toxic mold, high turnover, rent control or other costly problems?
One of the problems in finding professional answers to these questions is that it really takes a team effort to fine tune investment real estate performance. With all the moving parts involved in the successful ownership of investment real estate, RPI utilizes the role of a professional Asset Manager. The Asset Manager, unlike the Property or Leasing Manager, takes a broader point of view in pulling together the team of professionals needed to achieve the investment and lifestyle goals our clients expect.
RPI Asset Managers function as the property owners’ agent, advising our clients on various aspects of the property. These managers concentrate on long-term strategies and financial planning (for instance, planning and directing the purchase and development of real estate for businesses and investors) rather than on the day-to-day routine of property operations.
Each individual property is analyzed prior to acquisition to understand if improvements can be achieved through better cash flow, equity growth, ease of management, or after tax benefits by consolidating assets?
Our Asset Managers recommend strategies to increase the net benefit of the property, minimize tax and risk of liability, track and adjust to market timing and free RPI clients from the day to day involvement while keeping you fully informed through regular teleconference calls. The goal of the Asset Manager is to add value to RPI's client ownership experience in real estate through these regular updates.
Some of the indicators that our Asset Managers monitor are:
1. Low yield on equity;
2. Excessive capital repair expense;
3. Increased vacancy;
4. Resistance to rent increases; and
5. Opportunity to capture a generous profit.
Our Performance.
Most people view buildings simply in terms of their practical function—as homes, schools, offices, etc. But for businesses and investors, well-managed real estate can generate high income and profits. RPI Asset Managers preserve and enhance the worth of real estate investments to realize expected revenues.
As owners of apartments, office buildings, and retail or industrial properties who lack the time or knowledge necessary to directly manage real estate investments, clients turn to companies like RPI with Asset Managers that work through contracts with a local property management company.
Our Asset Managers work with and monitor the Property Manager to take care of the financial operations of the property; make sure that tenants pay their rent, and are responsible for paying mortgages, taxes, insurance premiums, payroll, and maintenance bills on time. RPI Asset Managers prepare financial statements for RPI clients, periodically updating them on important issues, such as capital expenditures, deferred maintenance, maintenance needs, occupancy rates, and lease expiration dates.
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