Residential Properties

Cedar Management establishes strong relationships with tenants, on-site staff and owners to provide your community with outstanding apartment management and services. We currently manage over fifteen apartments in the Twin Cities metro and suburban area. Services we include are:

 

Property Operations:

  • Establishing property and rental policies

  • Effectively attract and retain tenants

  • Marketing units at the highest possible rent

  • Prequalify prospective tenants

  • Prep vacant units

  • Complete resident maintenance requests

  • Vendor, material and supplies management

  • Grounds, building and equipment maintenance

  • Ensure competitive pricing for contractors and service providers

  • Hire and train capable on-site staff

 

Management Services:

  • Reviewing changes in the social and economic environment that affects the operations of your property

  • Oversee competitive bids and research pricing for building repairs

  • Develop alternative solutions where necessary

  • Supervise minor repair work

  • Provide property inspections

  • Provide timely onsite maintenance

  • 24 hour emergency staff

  • Maintenance of website marketing your community and available units

 

Accounting Services:

  • Budget and Financial Services including rent collections

    • Income Statement and Balance Sheet

    • Changes in Cash Balances

    • General Ledger

    • Check Register

    • Vacancy, Leasing and Resident Status Reports

    • Rent Roll

    • Upcoming Lease Expiration Tracking

    • Aged Receivables Notification and Tracking

    • Bank Reconciliation

    • Budget Preparation

    • Year End Financial Summary

    • Assist Legal Staff with UD, Collections as Needed