Atlas Property Management LLC is a full service management company in Philadelphia, Pennsylvania. Before we begin managing any portfolio, one of our partners meets with each client to evaluate the condition of their portfolio. Similar to the way a doctor conducts a physical to determine the health of a patient, APM conducts a diagnostic to determine what areas of a portfolio need the most attention. We will then customize a management program to eliminate problems where they exist and streamline the transition into our processes.
Clients can expect to see many of the services common to full service management companies.
Tenant Placement – Marketing is a very large part of our business. We employ a full time staff member to focus solely on generating prospects. Every day we have dozens of people contacting our office in response to the many marketing outlets we employ. These prospects are quickly transitioned into showing appointments and applicants. We typically have multiple candidates for each vacancy. Candidates are then screened to eliminate those who are unqualified. Our screening process analyzes an applicant’s income, credit score, background, and five other key indicators that allow us to evaluate the probable quality of each applicant. After we have selected one or more possibilities, our clients are presented with the facts to authorize the final decision.
Lease Preparation – Owners are free to require the use of any lease agreements that they choose. But our attorneys have drafted some of the industries most protective leases. We come to the table as real estate investors. At APM we know the value of protecting property owners and their investment assets. While fair to all parties, our paperwork addresses many vulnerabilities ignored by a standard lease. Several days before occupancy, our clients have the opportunity to review the lease and make any changes that they see as necessary. Our licensed professionals handle the rest.
Repairs – We have contractors, or we’ll work with yours. Over the years we have built a strong book of some of the best contractors in Philadelphia. They’re reliable, their work is good and their prices are some of the best in town. Our construction teams give us great rates because we keep them busy. Whether responding to a simple service call or a complete remodel, our clients appreciate the attention to detail and advice to keep expenses to a minimum. If you have a great contractor, we’d love to work with them too.
Rent Collection – APM is dedicated to collecting your rents. We have systems in place that have allowed us to consistently collect over 95% of rents. Our process includes monthly invoices to every tenant, phone calls to tardy tenants, property visitation and other steps to maximize collection and retention. This is one of our specialties. Because if our clients do not get paid, neither do we.
Rent Processing – Each month we process rents on the 15th day of the month. Every client receives monthly statements that detail rent collection, bill payment, maintenance costs, capital improvements and all other income and expenses. These statements are mailed or emailed to each client and their net income for the month is mailed out on the 16th.
Bill Pay/Utility Reimbursements – APM offers the convenience of bill payment for every expense associated with our clients’ properties. Any expenses that are tenant responsibilities are then added to the tenant’s ledger for collection the following month.
Eviction Filings – We avoid evictions wherever possible, but there are times when they are necessary. APM has the knowledge and experience to make sure our clients get possession of their properties as quickly as possible. We work with the best eviction attorneys in the city and appear at every court hearing.