Getting it done
We know how hard it is to staff your asset management role. It takes a large portfolio to justify a full time asset manager and part time roles are hard to fill. Schmid Consulting provides full service asset management to affordable housing developers of all sizes. A typical scope of work often includes:
Review of monthly financial statements and applicable follow-up
Management of property reserves and capital needs planning
Oversight of property issues not solved within operations
Monthly or quarterly meetings with property management
Compilation of periodic reports for leadership and board
Active participation in the budgeting process
Involvement in the annual audit
Annual update of property financial projections
Whether you are a developer with less than 20 properties or need to supplement your existing staff due to an expanding portfolio, Schmid Consulting might be the solution for you. Contact us to find out if this partnership is right for you.