QBR for Property Management
HI BP,
What items do you review with your property management team? Does anyone have a template that they use?
I Hired a new property management team and been working with them for a few months now. I believe its a good time to review what we accomplished in the past few months.
Besides the usual financial statements, additional operational items I would like to cover:
Screening process
Communication between Property Management and Owner
New Tenant Orientation
Rental Agreement/Lease review
Rules enforcement according to rental agreement
Inspections - Are we doing enough?
Services - What other services can we provide?
Pricing - is pricing model clear for the various property type?
How many hours a week should be set aside for marketing per week (relationship building, cold call, email, yellow letter/postcard)?
What challenges have we faced in the past 3 months?
What is working well and why should we continue it?