TCS Management provides a comprehensive evaluation
TCS Management in Philadelphia offers full service property management focusing on single family homes, investor owned condos, townhouses and multifamily HOAs. We will complete a comprehensive evaluation that analyzes the condition, rental BPO (Broker Price Opinion), occupancy and cash flow of the property. We will include suggestions for improvement where necessary, and highlight areas where our services will be a benefit.
Marketing is a very large part of our business. We employ full time staff who’s sole focus is generating quality tenant leads. Every day we have hundreds of people contacting our offices 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.
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. At TCS we know the value of protecting property owners and their investment assets. 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.
We have contractors, or we’ll work with yours. Over the years we have built a strong book of some of the best contractors. 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.
TCS is dedicated to collecting your rents. We have systems in place that have allowed us to consistently collect over 99% 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.
We process rents on the 10th day of every 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 11th.
Bill Pay & Utility Reimbursements
TCS 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.
We avoid evictions wherever possible, but there are times when they are necessary. TCS 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 and appear at every court hearing.
Independent Investor Owned Properties
Independent Investor owned properties in the past have traditionally been heavily self-managed. At TCS Management we understand the need to bridge the gap between the DIY mentality VS hiring a professional manager. You require transparency a strong open chain of communication, we at TCS understand the importance of communicating. When you hire TCS Management you get a trusted advocate committed to working for your best interests day and night.
TCS Managed properties often achieve higher rental prices than comparable self managed properties. “Your investment is our investment” and we live by this moto. We know our performance is all that matters. At TCS we understand your objectives and work hard to achieve them. Did you know that we monitor market rates daily to insure that we are always positioned to maximize your income. Your investment property deserves a solid team of professionals that can provide full service management and achieve the highest rate of returns with the least amount of stress and expense.
We Provide the following services:
- Marketing Vacancies
- Screening Applicants
- Preparing Leases
- Collecting Rent
- Coordinating with vendors
- Evicting Tenants if needed
- Providing Financial Reports that include Income and expenses
Best In Class Property Management Services
Our firm is committed to providing best in class property management services to our clients.
Our founder is a member of the National Association of Residential Property Managers (NARPM), which is a national association dedicated to property managers and property management companies who provide services for condominium home owners. Since many of our property management clients are out of state owners, our property management firm has written and developed several procedures to help us insure that owners are appropriately informed. These procedures include:
- Ledger that tracks owner’s contribution and payments
- Balance Sheets
- Tenant Rent Roll
- During vacancies, we send showing reports from realtors along with any feedback they have
- Email notification of money being sent to the owners
- Digital approval from owners for repairs of an emergency nature, estimates of repairs that are higher than the delegated authority to spend, or maintenance of a contractual nature
TCS facilitates management services for your Condominium or Homeowner Association through its sister company, Madison Parke.