Property Scheduled Services

The Co-founders/Members of P and L Ventures, LLC have worked together in various businesses for over 36 years. We have built a history of integrity, responsiveness, quality, honesty, outstanding performance and respect for one another and our client relationships.

P and L Ventures, LLC excel in creative solutions to optimize and protect property value. We understand the critical nature of presenting a quality package for resale purposes. Our goal is to efficiently transition the property from receivership through stabilization to resale in a manner that will maintain or enhance the property value. Our Business Services Group will provide a variety of services to the client as listed below.

  • The Field Manager and Field Supervisor will visit the property and handle tenant issues, health and safety issues, maintenance and related subjects and prepare appropriate solutions.
  • 24-hour Emergency Service Line, which will allow tenants and others access to the managers of your property even on holidays and weekends. Should any emergency occur, we will notify you immediately.
  • Monitoring of vendors and contractors, preparation of specifications for new contracts, negotiation and/or renegotiations for new contracts, and performance evaluation of existing contracts.
  • Monthly financial statement: On a cash basis to include an executive summary of operational activity and variances to the budget with a general ledger, balance sheet, budget comparison report, summary income sheet, aged delinquency report, income register, rent roll, check register and a bank reconciliation reports.
  • Prepare and issue tenant billing, collect rent where necessary and administer leases.
  • A monthly narrative report summarizing the activities for the prior month.
  • A remaining Year End Budget and the annual budget are prepared for the property.
  • Preventative maintenance programs are established for the building’s mechanical components. These programs are completed with vendors with inspections made by the Company staff.
  • Supervise the services of an on-site property manager (“Site Manager”). Tenant
  • Satisfaction Surveys are sent out periodically to measure the performance of the management and maintenance personnel, as well as to assist with the future planning process.
  • The management staff monitors all tenant improvement work and works closely with tenant improvement manager to maintain integrity with the tenant.
  • Implementation of strong tenant relations programs and administration of all tenant leases, coordinating closely with the leasing team, and establishes procedures for the prompt receipt, recordation, investigation and handling of tenant complaints and requests.

    Hire, discharge and supervise all employees required for the on-site management, operation, maintenance and repair of the Property.

    Maintain constant review of physical structure, provide recommendations and implement programs to maintain the image of the property.

    Take all reasonable steps, including legal action to enforce all maintenance, service and supply contracts, guarantees, warranties, bonds and other contractual undertakings, if any.

    Engage attorneys experienced in the field of landlord-tenant relations to prosecute defaults under leases and other agreements relating to the occupancy of the Property.

    Emergency Response Planning (ERP)