Contacting Property Manager...
Creative Property Management
8323 Southwest Freeway
Houston, TX 77074
Types of Properties We Manage:
- Multi-Family (100+ units)
Since Dick LaMarche and Greg Douglas founded Creative Property Management in 1978, the apartment industry has grown stronger and more sophisticated. One major pitfall of income property ownership has been perceived as the "Burden of Management". That's where our property management specialists provide a valuable service by relieving the owner of this management burden.
We provide the personal attention and professional management required for income-producing residential properties in today's challenging marketplace. And, as the economic picture improves, the knowledge we've gained in the past will lead the way to even better performance of your assets in the future.
Our management team has the training and experience that will free owners from many of the worries and problems of leasing and managing rental property:
- Problems of vacancies
- Uncontrolled expenses
- Annoying complaints
- Repair requests
Our knowledge of real estate economics and the direct application of that knowledge to each property and situation are the keys to our success in managing income properties.
We recognize that property management is more than simply collecting rent. Rather, it is a specialization which combines many services.
LEGAL & FINANCIAL - We keep up to date on financial and legal developments that affect income property.
LEASING EXPERTISE - We know how to effectively advertise for residents and have a high closing ratio.
MAINTENANCE - We have a working knowledge of maintenance costs and methods to help control expenses.
RESIDENT RELATIONS - We act as your agent in setting rents and enforcing lease provisions.
INVESTMENT ANALYSIS - We can prepare a comprehensive analysis of rents and expenses that compares both to competing properties in the Houston market and then develop a plan to maximize the performance of your property.
ACCOUNTING - Monthly financials are prepared and sent in a timely manner.
EXPENSES - Expenses are disbursed on time.
TAXES - We will provide all necassary information to have the property taxes rendered and achieve the best possible results.
INSURANCE - We have a master insurance policy and have been successful in providing our clients with high quality coverage at the lowest premiums.
VOLUME PURCHASING - We save properties money with our volume buying power and work with vendors and suppliers to get you the lowest prices in the industry. Our cost cutting measures are second to none.
SENIOR HOUSING - Experienced in managing senior-living communities.
HUD-ASSISTED HOUSING - Extensive knowledge of HUD’s compliance and reporting requirements. Able to oversee and submit all property and ownership filings.
LOW INCOME HOUSING TAX CREDIT -Experienced in working with the Texas Department of Housing and Community Affairs and ensuring compliance with the requirements of the LIHTC program.
TROUBLED PROPERTIES -Portfolio includes many formerly distressed properties that have been turned around through intensive on-site management and resolution of physical and financial problems.
DUE DILIGENCE -We can complete the pre-acquisition due diligence on hundreds of properties both financial and physical.
ADJUSTING INSURANCE LOSSES -We have had significant experience in adjusting all types of insurance claims from fire, flood, hurricane losses, and many other perils, in addition to the oversight of re-construction.
REHABILITATION/RECONSTRUCTION - We have supervised the rehab of numerous apartment projects and thousands of apartment units, from properties that have been shut down and fenced for years to well occupied properties that just need a face-lift.