Property Management

With its experience and expertise in property management, Advanced Property Services Management, Inc. (APS) is qualified to personally serve the unique requirements of managing affordable multifamily communities. APS prides itself on all aspects of day-to-day management, including:

• Sound financial management
• Strict bookkeeping controls and records
• Localized marketing plans for individual properties
• Diligent maintenance with a strong preventive maintenance plan
• Physical needs assessments
• Volume wholesale purchasing discounts
• Highly trained and well-supervised on-site managers
• Expert outside legal and accounting counsel
• Computerized management software
• Staff that is TCAC Certified, MHSA trained, and Fair Housing Certified

A complete system of checks and balances is used to maintain financial control. The qualified accounting department compiles detailed monthly property reports, including monthly and yearly comparisons, and schedules showing all collections, delinquencies, and itemized payments by category. All payments and distributions are made in a timely manner. Year-end reports are delivered and reviewed with the CPAs for the preparation of annual tax reporting. Adherence to tenant income qualifications, occupancy, eligibility, and rent collection procedures is strictly enforced and maintained.