Property Management 101

  • 11May
    2023

Providing You Peace of Mind with Services From A to Z

todd jurek

Antenna rooftop revenue rights Budgeting, bookkeeping & accounting ar/ap, monthly reports Cost segregation to optimize depreciation and reduce tax liability Dumpsters, trash & janitorial vetting, contracting & oversight Energy procurement,…

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  • 31Oct
    2022

Intro The A-Z of Professional Property Management Series

todd jurek

The A-Z of Professional Property Management Series If you own a building you may manage it yourself or engage a "professional" property management firm to handle all of the details.…

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  • 31Oct
    2022

A is for Accounting

todd jurek

The A-Z of Professional Property Management Series A is for Accounting… Accounting, because business is about the numbers. KEEN Realty understands the importance of the numbers for you as an…

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  • 31Oct
    2022

B is for Budgets

todd jurek

B is for… B is for Budgeting.  Every successful Investment Real Estate Property does not just have a budget, but uses budget”S” as the roadmap to achieve their goals.  I…

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  • 31Oct
    2022

C is for Cost Seg PR

todd jurek

“C” is for COST SEGREGATION By Tim Crockett You probably have heard the quote from Aristotle, “The whole is greater than the sum of the parts.” Well, here’s a case…

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  • 31Oct
    2022

D is for Dumpsters

todd jurek

“D” is for Dumpsters, (and trash & janitorial vetting & Hiring) Hopefully Trash is one of those things you do not often think about. Toss something into a trash can…

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  • 31Oct
    2022

E is for Energy Audits

todd jurek

E is for Energy Procurement, Audits, Sustainability & Resiliency When was the last time you audited your electricity bill? If you are like most people, you are now thinking, “Last…

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  • 31Oct
    2022

F is for Forecasting

todd jurek

F is for Forecasting and Long-Range Planning The difference between real estate and penny stocks is that real estate is a long-term play.  Unlike a day-trader in the stock market,…

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  • 31Oct
    2022

G is for Garage and Parking Management

todd jurek

G is for Garage and Parking Management At KEEN we manage Industrial, Retail and Office assets for our investor clients and obviously parking needs and opportunities vary widely across such…

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  • 31Oct
    2022

H is for honesty

todd jurek

“H” is for Honesty and Integrity Let’s talk about two kinds of honesty here.  I’d like to think that everyone operates with the mindset and commitment to be truthful and…

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  • 31Oct
    2022

I is for Insurance

todd jurek

“I” is for Insurance… Three points important to think about here. One. In the Commercial Real Estate Property Management business Property & Casualty Insurance is a big deal and typically…

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  • 31Oct
    2022

J is for janitorial

todd jurek

“J” is for Janitorial… One of the two most critical areas of operations in office buildings for tenants along with air conditioning, is their janitorial service.  Typically, the cleaning crew…

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  • 31Oct
    2022

K is for Keys

todd jurek

The A-Z of Property Management K is for… K is for Keys, Locks, Access Cards, Alarm Call Receiving, Security Vetting & Hiring. Although most investor/owners and property managers realize that…

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  • 31Oct
    2022

L is for Landscaping

todd jurek

The A-Z of Property Management L is for Landscaping… L is for Landscaping Services, Interior Plant Program & Holiday Decorations. Having a well-maintained lawn, as well as shrubs and trees…

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  • 31Oct
    2022

M is for Monthly Reports

todd jurek

The A-Z of Property Management M is for… M is for Monthly Property Reporting.  Investment real estate is intended to produce income and/or an increase in asset value.  Waiting until…

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  • 31Oct
    2022

N is for Network of Professional Service Vendors

todd jurek

The A-Z of Property Management N is for… N is for Network of Professional Services and Vendors.  “It takes a village.”  Successfully managing investment real estate requires having a proverbial…

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  • 31Oct
    2022

O is for Owners peace of mind

todd jurek

The A-Z of Property Management O is for … O is for Ownership’s peace of mind, from improved service, increased revenue and decreased expenses. When an Owner makes an investment…

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  • 31Oct
    2022

P is for PACE

todd jurek

The A-Z of Property Management P is for… P is for PACE 100% Financing.  PACE (Property Assessed Clean Energy) is the single biggest improvement in commercial real estate I have…

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  • 31Oct
    2022

Q is for Quality Control for Tenant retention and attraction

todd jurek

The A-Z of Property Management Q is for… Q is for Quality Control for Tenant attraction and retention.  Investment real estate is dependent upon revenue from tenant leases.  Too many…

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  • 31Oct
    2022

R is for Repair

todd jurek

The A-Z of Property Management R is for… R is for Repair/Maintenance: HVAC, Lights, Filters, & Cold Calls, Painting How many buildings do I see that are pushing “deferred” maintenance…

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  • 31Oct
    2022

S is for Service Contracts Life Safety Inspections & Code Compliance

todd jurek

The A-Z of Property Management S is for… S is for Service Contracts: Life Safety, Inspections & Code Compliance.  No one, including the fictitious Super Property Manager is the most…

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  • 31Oct
    2022

T is for Talent Vetting & Procurement

todd jurek

The A-Z of Property Management T is for… T is for Talent Vetting & Procurement for Mangers, Engineers, Concierges, & Porters.  T could have as easily stood for Team, because…

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  • 31Oct
    2022

U is for Utility Management

todd jurek

The A-Z of Property Management U is for… U is for Utility Management to Reduce Electricity & Water Expenses.  A Few questions you or your professional property manager should be…

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  • 31Oct
    2022

V is for Value Enhancement

todd jurek

The A-Z of Property Management V is for… V is for Value Enhancement.  It’s business, Increase the Value. The basics, keep the tenants you have, gain additional tenants, increase rents,…

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  • 31Oct
    2022

W is for Wayfinding Systems

todd jurek

The A-Z of Property Management W is for… W is for Way Finding Systems & Graphics. A well designed Way Finding System is required to meet certain code requirements, effectively…

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  • 31Oct
    2022

X is for X-Ray

todd jurek

The A-Z of Property Management X is for… X is for X-Ray & Medical Office Building (MOB) Management. There are a lot of different real estate asset classes, none probably…

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  • 31Oct
    2022

Y is for Year End Tax Assessments

todd jurek

The A-Z of Property Management Y is for.. Y is for Year End Tax Assessments.  Commercial Investment Property’s assessed value is a bid deal.  It’s big to the County to…

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  • 31Oct
    2022

Z is for Zoological “Critter” Management & Pest Control

todd jurek

The A-Z of Property Management Z is for… Z is for Zoological “Critter” Management & Pest Control.  Normal regular preventative pest control is among the things that most property owners…

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  • 8Mar
    2022

Do I Have to Pay for that?

todd jurek

The issue of reimbursable (the technical term is “escalatable”) operating expenses in commercial leases can generally be confusing to tenants. In our first article on this subject, we discussed this…

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  • 18Jan
    2022

How can there be Escalatable Expenses in a Building with no Escalator?

todd jurek

OK, OK, that title is really cheesy, I know. I hope it got your attention! Escalatable expenses are a commonly misunderstood concept in commercial leasing, but it is important for…

Property Management
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  • 22Dec
    2021

6 Simple Steps for Year-End Planning

todd jurek

Todd with Keen Realty here, sharing some thoughts on how to prepare for the new year with less stress and anxiety. Many of us struggle transitioning from year end to…

Property Management
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  • 11Oct
    2021

It’s budget season – how good is your leasing forecast?

todd jurek

It’s one of the busiest seasons of the year for property managers! Not only are we planning holiday functions and finishing up current year projects, but we are also attempting…

Property Management
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The Keen Brand Promise

At Keen Realty, we deliver competent and professional property management services for commercial real estate owners. Our clients rely on us for peace of mind as we manage the details and complexities of each property with expertise and care.