Owners

MANAGEMENT SERVICES

We provide a full range of management services from leasing, rent collection, property maintenance, contract services, apartment turn-overs/remodeling, financial accounting and reporting, and rent market studies.

Below is a summary of the services we offer:

Leasing

  • Advertising of rental units
  • Showings and application process
  • Tenant screening
  • Lease contracts
  • Move-in process

Rent Collection

  • Online payments
  • Rent collection via mail or office collection boxes
  • Bank deposits
  • Late notices and late fee collection

Tenant – Landlord Management

  • Open communication and memos to tenants
  • Enforce Rules & Regulations
  • Responsiveness to tenant issues
  • Evictions

Property Preservation

  • Preservation projects
  • Maintenance and repairs requested by tenants
  • Solicit bids and negotiate services when outsourced
  • Quick resolution of code violations
  • Capital improvement projects
  • Periodic walkthroughs and inspections

Contract Services – provided by EPM employees

  • Cleaning
  • Grounds & landscaping upkeep
  • Snow plowing

Contract Services – outsourced
As needed:  elevator, trash, pest control, etc.

Payables

  • Timely payment of bills and services
  • Owner disbursements

Apartment turn-overs

  • Move out / check out
  • Security Deposit deductions / refunds
  • Turn-over task planning and execution
  • Remodeling

Financial Accounting and Reporting

  • Journal and ledgers managed separately for each property
  • Maintain depreciation schedules
  • Monthly executive summary reports
  • Quarterly income statements, cash flows and balance sheets
  • Bank and Accounting Books reconciliation
  • Annual preparation and sending of 1099’s
  • Annual tax accounting summary and issue K-1’s