Stino Milito-Broker/Owner
Stino has been in all aspects of the real estate business since 1975.
He is the managing broker and co-owner of Century 21 Elm, Realtors in Park Ridge, Il. One of the nations top Century 21 franchisees since 1978.
Stino is an avid real estate investor and has managed literally 100′s of residential and many commercial properties over his tenure.
“Over the most recent years we have seen a growing demand for property management services and have decided to bring our talents and years of experience to the field. We are excited about helping others improve the performance of their most valued assets.”
Ralph Milito-Broker,Owner
Ralph entered the real estate business in 1990 and took an immediate interest in the investing and property management side of the business.
He has owned and successfully managed over 50 properties. Ralph has an eye for value added improvements and can help you make the right decisions with regards to maximizing the value of your real estate portfolio.
“Having qualified tradesman to do remodeling and maintenance & repair work is critical. We have relationships that have developed over years and are built on mutual trust and respect.”
“Most homeowner associations we talk to are not satisfied with their current property management company. Their service leaves a lot to be desired. We intend to bring a new level of service and cost savings to home owner associations.”
Jack Keenan-Broker,CPM,RAM
Jack has been in the property management business since 1973. Jack holds the professional designations, Certified Property Manager and Registered Apartment Manager. He has extensive knowledge in all asset classes of property management.
Jack has managed large and small apartment buildings, industrial, retail centers, mixed use buildings, office buildings both locally and out of state.
Jack has frequently been appointed by The Chancery Court of Cook County in Receivership capacity to act as asset manager on various properties.
National Expertise, National Savings
Our approach is strategic, rather than merely transactional, in that our franchisees provide a broad range of property management services and solutions to our clients that build upon a property’s strengths and enhance our clients real estate investment portfolio.
Property Management Incorporated makes managing your property manageable.
Our offices do this by:
* Providing you with monthly and annual property financial reports, so you always know how your property is performing
* Tracking and invoicing tenants for Common Area Maintenance charges
* Maintaining and keeping your property in the condition you expect via regular inspecting your property’s physical condition-and undertaking specific preventative maintenance processes;
* Marketing your property in a professional manner to minimize vacancies and maximize income;
* Overseeing the leasing process, inclusive of negotiations and contract execution, and professionally managing every aspect of the landlord
* Tenant relationship-overseeing initial tenant improvement installation and/or tenant improvement renovations;
* Collecting rent and late fees according to the terms of the lease and tracking tenant deposits-ensuring that your property complies with federal, state and local laws and regulations;
* Maintaining insurance policies for the property and coordinating the payment of all property expenses;
* Responding to tenant requests in a prompt manner and dealing with problem tenants in a professional manner.
BROKERAGE SERVICES
The requirements for success in the present real estate market are increasingly complex and PMI knows that the services of a talented and knowledgeably broker can make all the difference when it comes to closing the deal. We offer our client’s local market knowledge and industry-specific expertise and we work hard to provide our clients with the information they need to anticipate opportunities, seize competitive advantages and execute the best possible real estate strategies.
LEASING EXPERTISE
When requested by owners, we provide expert leasing services. PMI real estate professionals know the rental market, what comparable properties are leasing for, and what potential tenants are willing to pay for a leased space given a specific properties amenities and location. We have the marketing expertise and industry relationships to reach potential tenants and the experience and resources to enable our client’s properties to maintain above market occupancy levels. We also have the experience, if requested by the owner, to handle the entire leasing process, inclusive of initial site visits, Request for Proposal, Letter of Intent, Lease negotiations, lease drafting and lease execution. We always respond quickly and professionally to all requests from potential tenants and pride ourselves on our ability to convert initial property visits by prospective tenants into executed leases.
PROPERTY MAINTENANCE
We make arrangements with specialized trades for maintenance and repairs that cannot be handled by regular property maintenance staff. After soliciting competitive bids from multiple contractors and receiving owner approval, we award maintenance and repair contracts for the property. As part of the property maintenance process, we negotiate contracts for heating and air conditioning maintenance and repair, elevator, janitorial, lighting, plumbing, security, electrical and telecommunications maintenance, grounds maintenance, trash removal, and other property management services. We also closely monitor the performance of engaged contractors and investigate and resolves tenant complaints. We handle and coordinate tenant improvements as well as routine repairs and emergency repairs, so that you do not have to. We have the experience and expertise to avoid unnecessary repairs which saves our clients money.
FINANCIAL REPORTS
We handle the financial operations of the properties we manage and that rent is collected and mortgages, taxes, insurance premiums, payroll, and maintenance invoices are paid on time. We prepare and deliver monthly and annual financial statements and reports as often as the property owner requests. We also provide property status reports that provide occupancy rates, dates of lease inception and expiration, special lease terms, common area charges and other important property management metrics. We use property management software and proprietary property management programs to keep track of repairs, rent collection, communications, inspections and lease renewals for each property that we manage. We oversee the performance of our client’s income-producing residential, commercial, retail and industrial properties, and ensure that our client’s properties meet our client’s expectations.
COMPLIANCE
Property Management Incorporated understands the complex provisions, which affect residential and commercial real estate properties, of state and federal legislation, inclusive of the Federal Fair Housing Amendment Act and the Americans with Disabilities Act. We help our clients ensure that renting and advertising practices are not discriminatory and that the property itself complies with all local, State, and Federal regulations and building codes. PMI has the knowledge and resources to mediate tenant-landlord conflicts, as well ensure that its client’s properties maintain appropriate levels of insurance, which helps our clients limit liability exposure. We provide all of the legal documents for the following: leasing and rental docs, sales and purchase agreements and management agreements.