the responsibility for and control of an asset, company, or similar organization
"They've been great! I don't see numerous charges on my income statement and cash flow statement for minor, needless repairs. We're out of state, and we've tried other management companies, but feel that [Monarch Property Management] goes above and beyond to give us opinions on rental acquisition prospects, while simultaneously taking care of our current portfolio with great responsiveness."
You've never been one to settle, it shows in the fact you were able to acquire rental real-estate, a feat many people do not accomplish.
Why should you settle when it comes to the management of your assets? Simply "managing" a property is not enough. This is where Monarch Property Management stands apart from the crowd.
We believe that our SERVICE and VALUE goes beyond simply managing a building. We believe firmly in approaching property management with an intent to increase a building's value, not simply maintain it.
We're not a Property Management company, we're a business partner, assisting in the wealth preservation, creation, and growth of your real-estate portfolio.
You want a management company that is PROACTIVE, not REACTIVE. Wouldn't you agree?
"If you're looking for great communication, people that are easy to work with, and competitive management rates, Monarch Property Management is your best bet. I was pleased to hear their approach to management, and they've been able to deliver on my expectations to this point."
Property ownership is often times the largest investment an individual makes in their life, and we treat it as such. We have an in-depth knowledge of real-estate investing, and we use our background and expertise in asset value creation to take our management business beyond that of a typical property management company.
Our philosophy is to create value for the Owner. This is done through strategic value-add initiatives ranging from simple cosmetic upgrades to structural overhauls that change a spaces purpose.
When it is said and done, our management fees are pale in comparison to the ROI that results from effective management, when you decide to sell the asset.
We partner with Owners, as well as investment groups, to offer various partnerships as it relates to property management.
1. Third-Party, outsourced property management. This is the typical arrangement of contracting us to manage a property as a third party partner.
2. General Partnership Stake. This is where we actually function as a General Partner on a real-estate syndication. Often times this includes asset-management and investor relations.
We are flexible in our structuring and partnerships.
The first step in our management process is working alongside ownership to understand their vision, help guide them in their strategy, and then formulate a mutually agreeable plan of action for the management of the asset.
Once a plan is comprised, we take over the asset, and immediately begin implementing the business plan put in place with ownership.
Our strategies often include aggressive initiatives that not only put rental income into the owner's pockets, but also increase the asset's value over time.