Fred Leeds Properties ("FLP") was established in 1987.The co-founders of FLP have an extensive background in property management.

FLP's objective in managing our properties is to provide our partners with above market return on their investments and at the same time provide our tenants with the highest quality services.

Professional Property Management

FLP provides tactical leadership for the entire process -from real estate strategy to implementation and occupancy.

• Evaluation and strategic planning
• Comparative analysis of property, infrastructure and financial factors
• Implementation of selected alternative opportunities
• Negotiation, with an emphasis on creating maximum returns for our partners
• Rent control analysis

THE MANAGEMENT PROCESS

Phase I: EVALUATION AND STRATEGIC PLANNING

• Tour and assess property
• Review existing leases and/or ownership interests
• Research organizational and operational issues
• Develop Marketing Plan
• Establish a preventive maintenance program
• Develop project schedule
• Establish economic parameters

Phase II: COMPARATIVE ANALYSIS

• Execute comprehensive market survey of all comparables for leases of similar properties within the specified geographic area
• Prepare a comparative financial analysis of the alternatives and the available operational structures
• Coordinate tours of the property for prospective residents

Phase III: IMPLEMENTATION

• Tours with prospective tenants Prepare detailed financial reports
• Create comparative matrix that ranks alternatives on both financial and
• non-financial considerations
• Evaluate financial and technical aspects
• Present recommendations and initiate negotiations with alternatives that best meet objectives

Phase IV: NEGOTIATION

Maximum leverage for our partners is created by:

• Negotiating concurrently with multiple alternatives
• Carefully controlling communications
• Preserving competitive environment until final selection

Financial impact of leasing and vendors relation:

• Net effective rent
• Multiple bids
• Operating expenses
• Security deposit
• On-site inspection
• Tenant Qualification
• Bilingual staff
• Monitoring vendors and maintenance crews