Any major purchase decision must be based on much more than a review of financial statements. Today's real estate investors know the added value of cost-effective management, innovative marketing and superior retention programs. Potential buyers can rely on Bishop Management due diligence capabilities to analyze all aspects of a property's operations.
Statement of Property Condition
Project description including photographs, maps, demographics, and supporting narratives.
- Administrative and management analysis including a review of the contracts and inventories, and recommendations for staffing.
- Marketing evaluation of the city and neighborhood, competing projects, rental rates, concessions and amenities.
- Physical analysis of the property including building and unit condition inspections as well as capital improvement and deferred maintenance summaries.
- Financial review including historical income and expense analysis, lease audit, rent roll summary, security deposit review and budget projections.
Coordination of expert studies from engineering firms or environmental experts as needed or requested.
Other services that available include extensive marketing/lease up plans, renovation bidding, construction supervision and general consulting.