MHE Real Estate Asset Management

 "Have you ever Capitalized the Five Bucks we just saved?"

MHE Real Estate chooses to asset manage each of its owned properties.  It has been MHE's experience that Third Party Property Management Companies, no matter how competent, tend to care less about expenses than owner's do.  Almost every Third Party Management Company (Management Co.) is paid a percentage of Gross Rents, not a percentage of Net income.  Herein lies a potential conflict of interest which has led to MHE overseeing all daily / weekly / monthly expenses at all of its owned properties.

MHE cuts expenses on every property that it acquires through various avenues from reducing staffing, to refusing to pay $57 to a handy man for installing a single brass number on a resident's door.  MHE tracks expenses on a monthly basis and often requires a signature on any non-recurring expense of $500 or more.  While time consuming, the errors, omissions, double billing, fraud & deceit that are caught by MHE's meticulous supervison of management creates far more wealth than it costs to oversee these expenses.

MHE is available to Third Party Asset Manage for a fee.  MHE's area of expertise is Multifamily housing, and approaches all asset management tasks with the same tenacious and meticulous attitude regardless of ownership interest.

Please contact our office to learn more about MHE Real Estate's Asset Management Services.