Property Management

We analyze your property to uncover hidden assets. In a 50 unit apartment, we identified an underutilized and non-revenue generating area and created much needed additional storage space for the Residents. Storage fees generated an additional $19,000 in the first year of operation.

Our corporate philosophy ingrained into each Manager is “Happy Tenants = Profitable Operation”. We work hard to make sure that Tenants know that we will address their concerns that same day. We maintain communication with all parties (if the “sun sets” on a problem without resolution) to let them know of the progress on resolving an issue. FCP staff teaches Managers to work with Tenants to create a healthy and positive experience. Through rigorous training and consistent supervision, we provide the highest level of service.

What makes our Market Survey different from other firms? Our Team performs extensive market research to create the most informative surveys available in the industry. This assures us that our client’s communities are the most competitive in their markets.

Upon intake of a new client’s property, we audit all aspects of operations. When we uncovered irregularly high water/sewer usage at a 45 unit apartment building in Seattle, with approval of the Owner, FCP implemented an inexpensive sub-metering system back-billing Tenants. This reduced the utility expenses by over 45%.

FCP has taken advantage of energy rebate programs available by several municipalities and other utility agencies. Our client base has enormously benefited by our aggressively seeking out these programs. We have had agencies conduct energy audits, and as a consequence clients have replaced windows, doors, insulation, lighting fixtures/lights, siding and plumbing at a cost savings of over 33%.

90% of Renters rely on the internet as their primary resource in researching homes and land-lease communities. Our firm maximizes your Community’s presence online by creating professional websites and fully interactive Yelp pages.

These successful campaigns result in high quality Tenants choosing to live in your community.

The following is a sample of First Commercial Properties’ monthly financial reports, which are customizable to each owner’s preference.

First Commercial Properties clients benefit from a number of cost saving programs that are not made available to individual property Owners; Master Blanket Insurance programs offer savings of up to $.50 on the $1.00. Preferred Vendor Pricing to include preferential scheduling; time is money and their vendors are well aware of this when scheduling and completing projects.

Your community will receive a wide range of services from knowledgeable professionals who are proficient in:

• Loan Servicing
• Accounts Payable
• Rent Collection & Processing
• Day-to-Day Operations
• Processing & Appeals of Property Taxes
• Local & Federal Regulations

The performance and communication of Onsite Staff can be your greatest Asset or your biggest Liability. FCP’s Executive Staff lead frequent training seminars guaranteed to raise the performance of Onsite Staff while also reducing the potential for liability. Materials covered in their training include:

• New City, County and State Laws
• Changes to Leases and Rules & Regulations
• Successful Leasing Strategies/Techniques
• One-on-One Time with Onsite Staff to Address each communities’ specific needs

At FCP they understand and appreciate that every community is unique. They perform frequent visits to ensure your community’s needs are met, every time.