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Integrated Housing Property Consultants
" Cape Town - Durban - Johannesburg - Pretoria
Call us now for a free quote "

Commercial Property Management

IHFM offers a comprehensive commercial property management service providing for all the property management requirements associated with Commercial, Retail and Industrial property. Effective financial management and reporting is our core business focus and competitive advantage.

Our Commercial, Industrial and Retail property management services are based upon a detailed analysis of the specific requirements of the landlord as well as the inherent qualities of the commercial property portfolio.

We focus on offering budgetary solutions to property portfolios increasing the operational efficiency and the property investment returns to our clients.

Our commercial property management service includes the following:

Tenant Selection:

  • Comprehensive application process for potential tenants.
  • Interviewing, obtaining, and checking of background and landlord references.
  • Inspection of bank statements and payment profile.
  • Credit search and ITC/Experian enquiries on potential tenants.
  • Determination of affordability on gross income, net income, and net surplus to assess suitability of potential tenant.
  • Approval by rental manager, general manager, and if required by Landlord.
  • Collection of first month’s rent and deposit before placement.
  • Preparation of lease agreement and all other documentation in accordance with relevant legislation.

Rent Collection:

  • Monthly rent collection through debit order facility.
  • Sending out monthly invoices and quarterly statements to the landlords and tenants.
  • Collection of monthly rental and other charges and recoveries due to the landlord.
  • Handing over of tenants for non-payment of rent to the debt collection agency and attorneys and the following up thereof.

Financial Management:

  • Payment of gross rental less management fee to the Landlord on the 7th working day in the month.
  • Payment of all municipal accounts, creditors, suppliers, and any other accounts as approved by the Landlord.
  • Preparation and submission of monthly financial reports, including performance to budget, customer age analysis, and credit control reports.
  • Monthly accounting of receipts and expenses using Propsys.
  • Preparation of the Annual Budget of Income and Expenditure.
  • Management of tenants deposits in trust account on your behalf.

Administration, Secretarial, and Advisory Services:

  • Preparation and circulation of notices to tenants.
  • Preparation and mailing of correspondence.
  • Preparation and issuing of lease agreement, debit order forms, and other legal documentation.
  • Maintenance of statutory and permanent records.

Maintenance Management:

  • Attending to all maintenance issues and submission of quotes to the Landlord.
  • Obtaining prior written approval of repair and quoted price by the Landlord.
  • Allocating approved repair work to approved sub-contractors.
  • Confirmation of completion of work and issuing of certificate of completion to Landlord.

 Please contact us today for an obligation free quote.

Johannesburg & Pretoria:
Michael Bauer on 083 255 4442 or michael@ihfm.co.za 
Durban:

Michael Bauer on 083 255 4442 or michael@ihfm.co.za

Cape Town:

CBD & Atlantic Seaboard:

Michael on 083 255 4442 or michael@ihfm.co.za.

Northern & Southern Suburbs:

Michael on 083 255 4442 or  michael@ihfm.co.za

Join our free weekly sectional title newsletter on www.ihfm.co.za .

Visit our Frequently Asked Questions (FAQ) section for more information.

 

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