Our management objective focuses on increasing owner cash flow and increasing the overall value of the portfolios we manage.

It is our experience that the services of a professional property management team dramatically improve the operating efficiency of commercial and residential buildings.

We use the latest integrated property management software and provide detailed monthly reports and year end statements.

Our property managers are involved with all aspects of building management--from day-to-day issue resolution to strategic planning we understand the importance of our role to the success of our client's real estate investments.

We welcome the opportunity to work with new real estate investors, family owned buildings, estates, private equity companies, and Real Estate Investment Trusts.

We specialize in taking over challenging or mismanaged properties. Contact Livingston Management Services today for a free consultation.

Services

Maintenance

• As required by law, all buildings over 9 units need to employ a full time super. Our company hires, supervises, and trains building supers for the locations that we manage.
• It is important that preventative steps are taken to make sure that buildings are properly maintained, and that all maintenance is documented. Boilers need to be serviced before the start of heating season. Roofs need to be inspected, patched, and coated as needed. Leaking plumbing and corroded pipes need to be repaired before they fail and cause costly damage.
• All buildings need weekly documented inspections. This includes inspecting all common area spaces, boiler rooms, basements, and roofs. Problems found during these inspections are reported and addressed immediately.
• We make sure that the buildings we manage are secure and that restricted areas remain off-limits to unauthorized persons.
• Obstacles, debris, unsafe floor mats are removed from building hallways.
• We have established relationships with vendors providing a wide range of services including: boiler maintenance, elevator repair, licensed 24-hour plumbers, and expert locksmiths.
• We secure bids through RFP for various apartment repairs and renovations and secure competing quotations for our clients.

Finance Services Provided In-House

• Bookkeeping is performed using Quickbooks Professional and Propertyware.
• Tenant rents are deposited into client's operating trust account.
• Expenses are paid on time from operating trust account.
• Bank accounts are reconciled each month.
• Monthly reports are created for each building owner.
• Payroll is managed by Intuit Payrol.
• Year-end Quickbooks reports are provided to client's accountant with general ledger, trial balance, etc.

Leasing Service

• Leases are tracked using Propertyware, a state-of-the-art tenant management system.
• All notes, rent roll, and tenant contact information is tracked by our property management system.
• Lease renewals are sent out for stabilized and non-stabilized leases at least 90 days in advance of expiration.
• Residential and commercial leasing is handled by our sister company, Living Real Estate Group, which acts as our exclusive leasing agent.