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Mai Property Management Business Plan

Satisfactory Essays

Mai Property Management Business Plan

Mai Property Management Business Plan
Bachelors Capstone Final Project

Mai Thor

MT 499-03: Bachelors Capstone in Management
Ernest Norris

Mai Property Management Business Plan

Table of Contents

Section 1: Executive Summary on Mai Property Management 3
Section 2: Code of Conduct 7
Section 3: Operations 11
Section 4: Marketing Plan 14
Section 5: Information Technology 19
Section 6: Financial Plan 22
Section 7: Management Summary 23
References 26
Appendix 27

Executive Summary

Business Description
At Mai Property Management Company is to provide full gross services on managing multi-family apartments for apartment owners. By providing these services to apartment owners who …show more content…

Location of desire is the county of Los Angeles. The estimated population in the city of Los Angeles is 4 million people (WPR), and this is not the only location Mai Property Management is targeting, but also the surrounding areas of Los Angeles that consist of additional 12 million people in these locations of the target.

Products and Services
The services provided by Mai Property Management is full gross service on managing the property. In other words, the company will manage inventory by purchasing inventory through warehouses or third party vendors. Also, having 24 customer service call center for both Landlord and Tenants to contact the office during business hours or after hours will be essential for both.

Competitive Advantage
The advantage of hiring property Management Company is to reduce the owner 's responsibility. Property Manager is responsible for filling vacancies, screening tenants, responding to maintenance requests, collecting rents and any other duties about the rentals. Also, property managers have their roster of vendors to help maintain an owner 's rental or respond to tenant 's problems. While these vendors might not be the least expensive on the market and will help eliminate the risk of being cheated or overcharged. Another is property managers takes the time to advertise the rental, show it, and take the proper steps to filling the unit for the owners.

Marketing Strategy
In the marketing strategy plan at Mai

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