Managing Your Assets

Continental Property Management's top priority is to help you maximize the success of your property. The first step in managing your property is to perform a thorough inspection of the property to assess the situation and become personally familiar with it. A manager can then prepare a plan that

  • defines the property's unique assets of neighborhood demographics, property condition, atmosphere and aesthetics, traffic patterns, price, etc.,
  • maintains or improves internal management structures,
  • develops proactive advertising and maintenance strategies,
  • includes adequate resources to handle emergencies decisively before they have a chance to destroy property value,
  • crafts an appropriate budget, and
  • increases the value of the property

By following this management plan closely and providing regular opportunities to review and update the plan, Continental Property Management will find the most effective and cost efficient course to obtain your leasing objectives. Whether your properties are old or new, there is a solution to every problem. Our documented success at turning impossible leasing situations into success is proof enough.


Fiscal Control of the Assets

One of the most important components of managing property is controlling the fiscal assets. Naturally Continental takes this facet seriously. The managed properties are connected to the central office through a secure computer intranet. This technology provides us instantaneous feedback on each site's cash flow that we can adapt to most owner's reporting requirements and chart of accounts. Continental Property maintains strict accounting procedures and other controls to insure that your money is collected efficiently and accurately and that it is spent appropriately according to the property's management plan:

  • Rents are collected and deposited daily with a strict "no cash" policy.
  • All disbursements are made from the central office after passing multiple reviews.
  • All activity reports are reviewed by our controller (Maclin Davis) or an independent CPA.
  • Bank statements are reconciled by individual(s) other than the individual(s) responsible for those disbursements.
  • Managers perform regular vacancy inspections and a quarterly review of on-site records.
  • These controls make sure that your money is afforded the highest level of security.