Get to know - Scott Hamblen

"GET TO KNOW BRES" - Meet our newest Director of Maintenance - Scott Hamblen, SMA

A Change Of Seasons: Prep Your Property for Fall

Is your property fall ready?  Each season your property goes through changes in  weather conditions, and gets one season older! To keep your property in tip top shape year round it's helpful to conduct seasonal maintenance. Taking the measures today to prepare your property for the changing season assists with minimizing the damages associated with the change of seasons.  Below are a few helpful tips to get a jump on the season and prep your property for the changing seasons:

3 Ways to Foster Tenant Relations

Fostering tenant relationships is essential in property management. With the current market belonging to renters it is crucial for property managers to sharpen skills, attract new prospects, satisfy current tenants, and adhere to achieving ideal rental rates. At Block Real Estate Services, LLC (BRES) our property managers incorporate a variety of strategies to effectively harbor positive environments and add value to our properties. Below, we assembled three tactics that help foster a positive tenant relationship:

Generating Value for a Managed Multifamily Property

Block Multifamily Group's (BMG) goal is to generate an increase in value for our managed assets. The increase in value for our managed multifamily asset lies squarely with the line item known as NOI (Net Operating Income). NOI is derived by subtracting your operating expenses (not including mortgage payments) from your Gross Income. Our topic is not about determining a purchase price for an asset, but to concentrate on items that “create value” or “create “an increase in the NOI.  This is the “line item” that all owners and clients focus on.

Recession-Proof Recipe for Growth

In 2006, Block Maintenance Solutions (BMS) began as a simple LLC that was comprised of Building Maintenance Technicians and Engineers in total about 16 employees.  The company remained unchanged until 2009. At that point, BMS began to grow. Over the next three years we grew to over 40 employees, and a full spectrum of building services that include:

 

• Construction / build-out
• HVAC service / installation
• Electrical service
• Plumbing
• Locksmith and security
• Project Management
• Inspections
• General Contracting

The revenues are up from approximately $600K in 2009 to a projected $3.6M for 2012. Anyone that has not spent the last 10 years in a comma, knows that the last three years have been some of the roughest economical times. How did we grow? We followed a simple recipe: