RUNNING AN AFFLUENT AND EFFICIENT REAL ESTATE OR MANAGEMENT RIGHTS BUSINESS
hOW OUR CLIENT INCREASED THEIR RENT ROLL INCOME BY 19% IN 9 MONTHS
HOW YOU CAN TOO
DO YOU KNOW?
As a business owner, it is essential to regularly review your rent roll for errors, omissions and discrepancies!!!
Over 19% in additional income was found after conducting rent roll due diligence. That's money that most business owners are simply missing out on!
There are many reasons why you might find errors in your rent roll. It could be that your staff are not properly trained and are making mistakes. Or, it could be that your property management software is not being used correctly. In either case, these errors can cost you dearly in terms of lost income and compliance risks.
Conducting rent roll due diligence on a regular basis will help you to identify and correct errors before they become costly problems.
Experience is Understanding
The Problem
Running a real estate or management rights business can be time consuming and your focus can be on multiple areas of your business including managing staff, selling properties and paying overheads plus keeping clients happy and keeping and growing your brand identity.
The Real Estate Industry is heavily legislated, and we have many other legislation to confirm with i.e. fire, building, real estate, trust account, tenant laws etc.
Property Managers are employed to maintain the rent roll, manage compliance requirements, keep landlords and tenants happy and communicate your brand offerings and service with a weekly meeting between yourself and them. Property Managers do their best to follow processes however, their day can go sideways quickly while they continue to do their best to keep landlords and tenants happy.
How do you know for certain that your biggest asset, your rent roll, is being maintained correctly?
but i've discovered
All you need is a Rent Roll Due Diligence and here are 5 reasons why...
1. Improved Accuracy = More Money in Your Pocket: The first
and most obvious benefit of conducting rent roll due diligence is that it helps
to ensure the accuracy of your records. This, in turn, leads to more money in
your pocket since you will be able to collect all the rent that is owed to you.
Additionally, accurate records also help to minimise compliance risks
associated with missed or incorrect payments.
2. Better Use of Property Management Software: If you use
property management software, then conducting rent roll due diligence will help you to get the most out of this valuable tool. By reviewing your records on a regular basis, you will be able to identify any problems with the way the
software is being used and make necessary corrections. This will lead to
improved efficiency and productivity for your entire team.
3. Enhanced Communication Within Your Team: Conducting rent
roll due diligence on a regular basis can help to improve communication within your team. This is because it provides an opportunity for you to sit down with your staff and go over the current state of affairs. This can help to identify any areas where there may be confusion or misunderstanding so that you can address them directly.
4. Increased peace of mind: Perhaps the most important benefit of conducting rent roll due diligence is that it can help to provide you with peace of mind. When you know that your records are accurate and
up-to-date, it takes a lot of stress off of your shoulders. This allows you to
focus on other aspects of running your business more effectively.
5. Improved landlord and tenant relationships: Another important benefit of conducting rent roll due diligence is that it can help to improve
relationships with landlords and tenants. When landlords and tenants know that you are keeping accurate records, they are more likely to trust you and feel confident about the future of their management and tenancy agreement. This can lead to improved tenant retention rates and fewer vacant units overall.
"When you don't know, you don't know!"
The Backstory
I've been in the business of helping real estate and management rights business owners succeed for 25 years.
The first time I conducted a due diligence investigation, it took me over six weeks because the rent roll was in such bad shape. The state of that rent roll and how I first was taught to conduct a due diligence, is not even close to how detailed-oriented I am today!
I've been in the business of helping real estate and management rights succeed for 25 years, and as a result I am well-versed on how to assist business owners get the best out of their rent roll.
Having been in the back end of thousands of real estate businesses conducting rent roll valuations, rent roll due diligence and assisting through the settlement process plus owning my own real estate agency, I have witnessed great business and poor business practices.
By conducting rent roll due diligence, you can improve the accuracy of your records, make better use of property management software, enhance communication within your team, enjoy increase peace of mind and even create stronger relationships with tenants and landlords, while maximising your business's potential income streams.
Just Imagine
You can improve the accuracy of your records and make better use of your property management department while enjoying peace of mind and maximising your potential income streams.
AND MORE!
GET ALL OF THIS WITHOUT
Spending valuable time looking in the wrong places....
Get a clear picture of your property management department with our service. We will help you find the information and report this to you.
Introducing
The Rent Roll Due Diligence Health Check.
Our Health Check over your Rent Roll without missing the big report service speciality. The rent roll due diligence health checks includes all searches, checks and balances as recorded in a full due diligence and reports all findings to you.
file check of 18 managements
9 working days to completion
30-minute Zoom Call with TARSI
full report investigation and findings
→ WHAT’S INCLUDED.
File Review...
You get to choose 6 property management files you would like us to review and we randomly select the remaining 12 property management files. We will conduct a full rent roll due diligence investigation on these 18 files.
Findings...
We report all the findings in our detailed rent roll due diligence health check report and include any recommendations which will assist you in achieving peace of mind and improving accuracy of your records and enhance communication within your team.
Zoom Session...
You and I get to talk all things rent roll and go through all the findings and recommendation of your rent roll due diligence health check report.
Rent Roll Due Diligence is like conducting a spring clean on your home - it's a chance to tidy up loose ends, make sure everything is in its place and ensure that your not missing out on opportunities for income or efficiency gains.
"We wanted to be more efficient".
TRANSFORM YOUR BUSINESS
Rent Roll Due Diligence Health Check
18 Property Management File Review . . . . . . . . . . . . . . . . . . . . . . . (Value $2,970)
Review of Property Management Software . . . . . . . . . . . . . . . . . . . (Value $990)
Rent Roll Findings Report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(Value $660)
Recommendations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Value $660)
30 Minute Private Zoom Call with Tarsi. . . . . . . . . . . . . . . . . . . . . . (Value $330)
TOTAL VALUE = ($5,610)
Today's Price = $1497
They Said
We are rated 5 stars on Google....here are just some of our reviews
John kingston
Invaluable Resource
Tarsi was an invaluable resource to reorganise our real estate agency - particularly our property management portfolio. Her knowledge and skills undertaken in her Due Diligence were beneficial to the business and the team is greatly appreciative and thankful for her time with us.
lee lee goh
Exceeded what I expected of a due diligence report
Tarsi from Opulence Consultancy conducted my due diligence and I am extremely happy with the due diligence report prepared. Her documents exceeded what I expected of a due diligence report and Tarsi exhibited amazing attention to detail, picking up the most minute of information. I am extremely happy with the value for money that I received. I highly recommend Tarsi and would definitely use her again for my future purchases.
Rent Roll Due Diligence Health Check
The ultimate dating program for your Rent Roll
18 Property Management File Review . . . . . . . . . . . . . . . . . . . . . . . (Value $2,970)
Review of Property Management Software . . . . . . . . . . . . . . . . . . . (Value $990)
Rent Roll Findings Report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(Value $660)
Recommendations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Value $660)
30 Minute Private Zoom Call with Tarsi. . . . . . . . . . . . . . . . . . . . . . (Value $330)
TOTAL VALUE = ($5,610)
Today's Price = $1,497
Case Study
Not only was this business missing out on income but they also lost goodwill value which we found.
ARE YOU READY TO TAKE YOUR RENT ROLL TO THE NEXT LEVEL???????
Rent Roll Due Diligence Health Check
18 Property Management File Review . . . . . . . . . . . . . . . . . . . . . . . (Value $2,970)
Review of Property Management Software . . . . . . . . . . . . . . . . . . . (Value $990)
Rent Roll Findings Report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(Value $660)
Recommendations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Value $660)
30 Minute Private Zoom Call with Tarsi. . . . . . . . . . . . . . . . . . . . . . (Value $330)
TOTAL VALUE = ($5,610)
Today's Price = $1,497
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