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Property Management Blog

What is Property Management in Denver? Benefits of Working with SVN Ascent Property Solutions

Web Admin - Thursday, November 19, 2015
 

On our blog today, we are talking about property management in general, and we’re also explaining how the services provided by SVN Ascent are a little different from what you’d get with any other property management company. 

General Property Management 


The typical property manager leases your unit, moves tenants in and out, takes care of security deposit dispositions and handles any administrative functions associated with your home. Professional managers will handle general maintenance and oversee larger scale projects. We make sure the work is done right. Your property managers will also adhere to codes and laws in your municipality and state. We’ll also perform your accounting functions and provide statements on a regular basis. 

Performance Goals 


We are different, at SVN Ascent. When we take on a property, we look to see how it’s currently performing, and we develop revenue projections, annual budgets and determinations about where we need to allocate extra money in order to reach the goals we come up with. A typical property manager doesn’t do this, and your property will just continue on its same path. We like to have a goal in mind. If you don’t know where you’re going, you’re probably never going to get there. 

Maintenance 


Another difference in our management plan is that we have in-house maintenance teams. This allows us to give your home a professional image when we’re marketing. It helps us take care of properties better, and we have all the supplied we need available in our trucks and in our shop. This minimizes the cost of doing business for our property owners. Having these parts included in our inventory means we can take better care of your house and your tenants. You’ll have the peace of mind knowing we are managing effectively and keeping costs down. 

Full Time Managers 


We will not sell your property. This isn’t part of our contract because we have a principal agent relationship that doesn’t fit into selling your property. If you have a monthly fee structure, working with a sales agent who is also a property manager will throw you off. You don’t want your property manager thinking about sales commissions while thinking about your property. A good property manager will focus on property management. We believe in a strict division of labor. 

Financial Focus

 
Our company has best in class financials. We take a look at the past and what you’ve paid in turnover costs as well as maintenance costs. We want to see the property operating efficiently. Then, we look forward at the gross potential rent, what you should be making, economic occupancy, and whether we are meeting goals. We perform budgeting functions to meet operational goals. This approach helps us take care of your property while executing your business plans. 

These are the things that differentiate us and allow our owners to be successful. If you’d like to hear more about our services, please contact us at SVN Ascent Property Solutions in Denver.
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Ascent Asset Management


1547 Gaylord Street
Denver, CO 80206

Ph: (720) 684-4364
Fax: (303) 857-5433
info@ascent-am.com

Owners

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We offer a wide range of property management services to fit your needs as a landlord or home owner.



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As a perspective tenant, we can help you through the process of finding and applying for the home of your dreams.


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Testimonials

"Ascent took over our problem tenants. They were able to work out our tenant issues and were able to get back over 1 months rent we never thought we’d see."
- C. Shinofield


"Ascent Asset Management increased our operating income by 22% in one year, while keeping expenses at a minimum. We were pleased with their service and will use Ascent as long as we own the building."
- M. Lee


"We have Ascent Asset Management manage our three investment properties. Our last management company couldn't keep track of our accounting and our maintenance costs were out the roof !"
- R. Sommer


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