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Asset Management Services:
 | Direct supervision of properties directly managed by third party property management. |
| Review of monthly, quarterly and annual financial statements and implement recommendations to help
properties perform more effectively. |
| Analyze property performance associated with ROI, ROE, IRR, performance versus
annual budget, valuation, etc. |
| Perform site inspections and initiate necessary repairs and upgrades to
enhance property value and income. Can create long-range maintenance and
improvement plan/strategy. |
| Work closely with property management firms to address and solve problems as
needed. |
| Hire, evaluate, and if necessary, terminate property management services as
needed. |
| Interview, hire, oversee leasing and sales agents and monitor performance. |
| Complete periodic rental comparisons to subject property and direct
adjustments to rental rates as necessary. |
| Market Analysis: This includes periodic summary of market activity,
which encompasses building sales, absorption, new construction, rental rates
and expense trends. |
| Available to locate and identify additional investment properties for
investor during exchange or for other investment objectives. |
| Due Diligence:
The scope of these services would be customized to meet the needs of each
investor. |
| Lease Renewals for Commercial Properties: Maintaining close communication
with tenants as well as efficient attention to their needs enables us to know
of their space requirements and plans for renewing and expanding. |
Property Management Services:
| Property management available in the greater Chico, California area. |
| Complete management of all aspects of property including overseeing the
operational, administrative, marketing, financial reporting, and personnel
of the property. |
Creation of Overall Management Plan:
We create a management plan based on several functions of property
management. The extent to which any individual functions are performed,
relates directly to the goals and objectives of each client. Several of
the property management functions that Hill Properties oversees are as follows:
| Oversight of Maintenance Operations, |
| Administration/Personnel, |
| Marketing, |
| Security, |
| Landlord/Tenant & Management Relations, |
| Leasing, |
| Lease Administration, |
| Insurance, |
| Property Taxes, |
| Public Relations and Tenant Contact, |
| Legal Aspects, etc. |
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