WHY CHOOSE TAYLOR STREET PROPERTY MANAGEMENT
At Taylor Street Property Management, we are experts when it comes to real estate investing. With decades of local and national experience in acquiring, owning, managing, and financing real estate assets, we feel confident in advising real estate investors. When you choose us as your partner, you are choosing to work with an expert team who will take your portfolio to the next level.
Throughout your investment lifecycle, a valuable property management partner like Taylor Street Property Management can make a world of difference in your investment strategy.
With over 100 years of combined experience in the Phoenix, AZ real estate industry, our team can work with you to help identify operational efficiencies, improve tenant satisfaction and improve the value of your property investment overall. We provide our clients with guidance and industry expertise to ensure your property is operating at maximum financial efficiency, saving you time and money in the long run.
OUR SERVICES FOR INVESTORS
Our Taylor Street Property Management team is dedicated to working with you to help manage your capital assets from A to Z. Our services are entirely customizable based on your property portfolio and overall tenant needs. See below for some of the primary services the Taylor Street Property Management team provides.
ASSET MANAGEMENT
As experts in real estate investments, we offer a comprehensive asset management service that reviews the operational and market potential for your investment. From there, we use this information to develop a strategic ownership and profitability plan. We execute this plan on your behalf saving you time, risk, and resources.
In addition to our comprehensive asset management package, we also offer ad-hoc add-on services to extend value to your assessment. These individual asset management services include:
- Underwriting of new asset acquisitions
- Coordinating due diligence efforts
- Thorough Operations Analysis
- Market research and competitive analysis
- Equity investor and partnership accounting and distributions
- Monitoring real estate tax liabilities
- Asset Management of capital projects that are not under Taylor Street affiliated or vendor companies.
REDEVELOPMENT
Guided by decades of small and medium-size redevelopment and construction project experience, our team has the ability to provide analysis and strategic advisory in construction and redevelopment opportunities.
The Taylor Street Property Management vendor team includes several licensed contracting firms that provide ground-up construction, heavy and moderate redevelopment projects, and unit interior and exterior upgrades. As a subsidiary company under the Taylor Street umbrella of companies, we have access to the larger development firms that provide general contracting and construction management services.
REO PROPERTIES
Real Estate Owned (REO) properties are foreclosed real estate assets where lenders have taken ownership in a distressing situation. In most cases, these properties were in poor condition, abandoned, overleveraged, or mismanaged by the previous owner and/or management company. As an experienced property management firm with decades of measurable success in the industry, our team is well-positioned to partner on these sorts of investments. We can provide essential services for lenders in this type of situation including operational and exit strategies, as well as provide customized detailed and compliance reporting systems.
With our affiliated investment sales divisions, our professional agents will work with our management team to provide market data, valuations of the properties and then execute a sale on behalf of the lender. In addition, through our capital markets division, Taylor Street Capital Partners, we have strong relationships with banks, opportunity investment funds, credit unions, and agency and insurance lenders. With these lender relationships, our capital markets team is positioned to help facilitate our clients gaining access to these types of premium investment opportunities.
OPERATIONS ANALYSIS
We begin our working relationship with all new investor clients with an in-depth discussion about their investment, risk tolerance, and return objectives. We work to complete a comprehensive evaluation of your property including intricate expense analysis, capital improvement plans, current marketing, in addition to leasing and management. Our primary goal through these discussions is to understand our client’s tenant profile, neighborhood environment, and local market competition. From there, we provide a strategic plan outlining the challenges and opportunities of your investment’s potential by focusing on how to enhance top-line revenue growth and expense efficiency. With this approach, we enable our clients to evolve and stay ahead as market trends shift and change.
EFFECTIVE MANAGEMENT
The success of your investment is rooted in a team-based approach – the whole being greater than the sum of its parts. With this mission in mind, our Taylor Street Property Management team is one you can trust to manage your assets effectively and responsibly. All of our licensed managers and assistants have experience working in the management of private capital assets and effective property management principles. Our team works hard to establish solid working relationships with clients and open communication with tenants. Our care for your investment is manifested through action – we truly walk the talk. Our team does routine inspections to ensure we are properly caring for and developing your real estate investment.
STRATEGIC MARKETING AND LEASING
Our team of experienced real estate marketing professionals takes your properties above and beyond industry standards for an exceptional reputation and tenant living experience. We use state-of-the-art, in-depth analysis of the property neighborhood, competition, and tenant profiles to create a custom leasing strategy designed to garner you market or above-market rents. We have processes in place to address common rental challenges such as occupancy maintenance, rent roll revenue, increasing from below-market rents, or creating an entire new lease-up after renovation. As your partner, our primary goal is to never stop leasing, and we do so by continuously reviewing the market through our weekly competitive analysis, rental technology, and industry relationships. Our knowledge allows us to be efficient and target market units for lease.
