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Property Management Investor
Corner
Dear
Fellow Investor:
In
1981, I established Team Rein as part of my college
thesis while attending Binghamton University in
upstate New York. The real estate management experience
did not begin there, however. My grandfather built
and ran apartment complexes in the Syracuse, New
York area beginning back when I was in kindergarten,
1960. I watched my mother work tirelessly to maintain
rental books and maintenance expense records,
and I'm not sure even today if she really understood
the investment end of things. She passed away
in 1998, and I never had the heart to ask her.
Today,
as one of Broome County's largest owner/managers,
I am all too familiar with Cap Rates, Return on
Investment, Cost v. Market approach to valuation,
reserves, deferred maintenance, up-side potential,
and so on. With many of our clients based outside
of Broome County, Team Rein Real Estate is used
to the challenges of working with you as an investor
and is fully equipped to get you the information
you need in a timely and efficient manner. Using
the Internet together with our banking partners,
we are able to process your monthly disbursements
by way of electronic reporting, and issue wire
transfers of disbursements directly into your
account each month to get the money where you
need it as fast as possible.
My
trained and experienced staff
of licensed sales professionals support the
operation, and interface with maintenance staff,
managers, you and your tenants to make sure that
the operation is running smoothly, 24 x 7. Our
interactions with local courts and municipalities
ensure the lines
of communication are open, so that we can
keep your operation up to the latest demands placed
on it by the governing agencies. In line with
our best defense is a good offense policy, take
a look at the State's "Guide
to Tenant's Rights" publication.
Our
internet presence here, at teamrein.com, is constantly
being refined and updated to reflect the needs
of not only our clients, but tenants as well.
Things like this Investor Corner, our Tenant
Community pages, and our online sales and
marketing programs are all there to move you and
us into the future; keeping pace with those that
we are doing business with and competing against.
My
personal commitment to you is that we will work
as tirelessly as my mother did for my grandparents
to run your investment the way it should be run-
the profitable way you want it run. Please take
a moment to review our Management
Agreement and our Tenant
Lease Agreement as well as the rest of our
site. Of course, all of our management terms and
agreements are open to negotiation, and I hope
you will feel free to contact me with any questions
you have by e-mailing me at dgrein@teamrein.com.
Sincerely,
Douglas
G. Rein
Principal Broker / Owner
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