Services
Apartments for People, LLC is a real estate investment company that offers a complete rage of services to support our investment portfolio. Traditional services include:
Development Services: Our team is constantly on the lookout for real estate opportunities to invest. Our development team looks for properties that would benefit from our value-added approach to real estate investing. For example, we purchased a three-story residential "Captains" building overlooking the water in Bucksport, Maine and converted it into a 5-unit apartment building. This example demonstrates our value-added approach to real estate investing.
Property Management Services: Our team manages our properties as well as coordinates with our tenants in a effort to protect our investment and ensure our tenants enjoy a safe, affordable and clean place to live. Given the geographic diversity of our investments, our property management team includes internal personnel and other professionals that support our efforts through outsourcing arrangements in local geographic markets.
Construction Services: When you develop properties it makes sense to understand the construction process in order to add value through new construction efforts or rehabilitation construction efforts. Our internal team focuses on planning, project management and purchasing while the actual construction activities are assigned to contractors and sub-contractors. Our internal team is responsible for all quality assurance reviews to ensure the construction objectives are all met.
Maintenance Services: Every building requires a certain amount of day-to-day maintenance. A toilet leaks, a pipe breaks, the heating system needs a new thermostat and the grass needs to be trimmed. The list of day-to-day as well as seasonal maintenance requirements is lengthy. Our team prepares an annual plan to help pro-actively properly maintain each building in order to avoid "emergencies" and improve the value of each property.
Real Estate Portfolio Management Services: Apartments for People, LLC primarily manages our own portfolio of properties in a effort to optimize the value of our real estate investment portfolio. Over the years, we have observed many people selling the opportunities of investing in real estate by exaggerating potential returns and promoting the ease by which money could grow. Our experience has been that we need to keep our "eye on the ball" and maintain a significant "hands-on" approach in order to achieve acceptable investment objective. Our team examines the "actual performance" of a property rather than get carried away with inflated or overly optimistic "pro forma" expectations of future performance.
Development Services: Our team is constantly on the lookout for real estate opportunities to invest. Our development team looks for properties that would benefit from our value-added approach to real estate investing. For example, we purchased a three-story residential "Captains" building overlooking the water in Bucksport, Maine and converted it into a 5-unit apartment building. This example demonstrates our value-added approach to real estate investing.
Property Management Services: Our team manages our properties as well as coordinates with our tenants in a effort to protect our investment and ensure our tenants enjoy a safe, affordable and clean place to live. Given the geographic diversity of our investments, our property management team includes internal personnel and other professionals that support our efforts through outsourcing arrangements in local geographic markets.
Construction Services: When you develop properties it makes sense to understand the construction process in order to add value through new construction efforts or rehabilitation construction efforts. Our internal team focuses on planning, project management and purchasing while the actual construction activities are assigned to contractors and sub-contractors. Our internal team is responsible for all quality assurance reviews to ensure the construction objectives are all met.
Maintenance Services: Every building requires a certain amount of day-to-day maintenance. A toilet leaks, a pipe breaks, the heating system needs a new thermostat and the grass needs to be trimmed. The list of day-to-day as well as seasonal maintenance requirements is lengthy. Our team prepares an annual plan to help pro-actively properly maintain each building in order to avoid "emergencies" and improve the value of each property.
Real Estate Portfolio Management Services: Apartments for People, LLC primarily manages our own portfolio of properties in a effort to optimize the value of our real estate investment portfolio. Over the years, we have observed many people selling the opportunities of investing in real estate by exaggerating potential returns and promoting the ease by which money could grow. Our experience has been that we need to keep our "eye on the ball" and maintain a significant "hands-on" approach in order to achieve acceptable investment objective. Our team examines the "actual performance" of a property rather than get carried away with inflated or overly optimistic "pro forma" expectations of future performance.