Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood,...

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Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325

Transcript of Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood,...

Page 1: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Media Realty & Advisors, Inc.The Communication of Real Estate

1311 South 17th AvenueHollywood, Florida, 33020

(954)923-2325

Page 2: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Management

• Media Realty Property Management

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Sales

Consultation

Valuation

Management

Page 3: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Mission Statement

• Media Realty is committed to building long-term relationships that will enable our clients to maximize their net returns by providing an unparalled level of service and by being the most knowledgeable, creative, consistent and tenacious real estate brokerage firm in the markets we service.

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Creation of Creation of ValueValue

Sales

Consultation

Valuation

Management

Page 4: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Management Services

• Management

• Leasing

• Rent Collection

• Accounting

• Reporting

• Maintenance

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Sales

Consultation

Valuation

Management

Page 5: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Management Services• Prior to accepting any assignment, Media Realty will

first analyze the subject property to determine its

strengths and weaknesses. Focusing on the

income, expenses, property condition, street appeal

and rental history, Media Realty will create a tailored

approach to maximize the property valuation. By

implementing a strong management philosophy, we

will improve the property’s ability to compete, thus

creating demand, minimizing vacancies, increasing

rental rates, a create efficiencies to reduce the

operation costs for the property.

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Sales

Consultation

Valuation

Management

Page 6: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Leasing• Media Realty will lease your property to qualified

tenants. By being property owners ourselves, we understand the importance of finding and leasing rental units to tenants who only show the proper credentials. First rent surveys are done to ascertain competitive market rents in any particular location. Media Realty markets vacancies by whatever means which have proven effective, including: ads in the print media (Miami Herald, Sun Sentinel, local publications and penny savers etc.), classified ads in major search engines, and online classifieds. Eye catching signs and banners are also affixed on the property itself. A record of calls of prospective tenants is kept and follow-up calls are made to prospective tenants.

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Sales

Consultation

Valuation

Management

Page 7: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Rent Collection

• Rent Collections: We are very aggressive about

rent collections. Rents are due on the first of the

month and considered late by the end of the third

day.  Late fees are retro-active and accrue on a

daily basis. The amount of the late fees will

depend on the history of the property. We will

pursue all the necessary steps to collect rent,

including pursuing legal action.

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Sales

Consultation

Valuation

Management

Page 8: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Accounting

• Media Realty’s computerized accounting

system is capable of providing all the

reporting you need for tracking income

and expenses as well as tax compliance.

In addition owners will be given access

to the property’s online bank account.

Sales

Consultation

Valuation

Management

Page 9: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Reporting

• Reporting: Our detailed Monthly Management

Reports are sent via email on the 15th of the

month. This report includes a description of the

current leasing activities and other issues at your

property, a rent roll, and most importantly, an

income and expense statement. Proceeds can

be sent along with the report or, can be directly

deposited in a designated bank account.

Sales

Consultation

Valuation

Management

Page 10: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Maintenance

• Maintenance: No management company would be complete

without the ability to handle every conceivable maintenance

issue. Media Realty is unique in that we use a combination of

our own staff and a variety of independent contractors that

give you and your property both quality work at reasonable

prices with quick turnaround times. Our understanding of the

market will allow you to capitalize on all improvements made.

For example, updating a kitchen will give the owner

approximately a 40% return on their investment. Thus for

each $1,000 increase in the Net Operating Income will

produce between $10,000 to $15,000 of additional value.

Sales

Consultation

Valuation

Management

Page 11: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Qualifications• Peter Dacko has been involved in commercial real estate for over 15

years. Along with managing his own portfolio of apartment buildings in

South Broward, Florida, he also manages properties on a fee basis.

By understanding the complex relationships between market

demands, income & expense, tenant expectations, lease negotiations

and the physical components of properties, Peter is responsible for

ensuring that Media Realty’s properties are serviced in accordance

with our client's goals and objectives, and that our managed tenants

are treated professionally. Peter’s expertise includes residential

management, asset management, lease negotiation, administration

and budgeting, long-term capital planning and asset disposition. Peter

has the ability to strengthen or reposition properties in the market

place to the owners benefit.

Sales

Consultation

Valuation

Management

Page 12: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Qualifications

• Experience

Commercial Real Estate/Owner of Media Realty specializing in Land

Assemblage, Property Sales, Valuation and Management. Before

creating Media Realty, Peter Dacko was rated top producer with

local and national firms. A list of transactions available upon

request.

Co-owner of The South Florida Appraisal House; A full service real

estate appraisal firm covering Dade, Broward and the Palm

beaches.

Owner/Manager of apartment buildings; Currently Media Realty

owns and operates seven apartment buildings in the South

Broward area. A list of buildings available upon request.

Sales

Consultation

Valuation

Management

Page 13: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Case Study• 505 N 20th Avenue, Hollywood. Purchased property in 12/2003 for

$375,000. Over the next eight weeks, utilizing four employees, the

property received major improvements including but not limited to the

following: Renovated kitchens (Italian porcelain tile countertops and

backsplash), Master keyed all doors (front and back), New appliances

(several of the units have 20” stainless steel range/oven with matching

refrigerators), New unit air conditioners, Ceiling fans, Light fixtures,

Bath vanities and faucets, Window screens, Improved sprinkler

system, Designer sign, New oversized ceramic tile and renovated

bath (unit #2), Restored terrazzo floor (unit #5),Security lighting (2

exterior lights on photo cells)

• Rents were increased 30%. Third party vendor contracts were

renegotiated

• Property currently for sale. Asking $1,125,000.

Sales

Consultation

Valuation

Management

Page 14: Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

Case Study• 254 East Dania Beach Blvd., Dania Beach, Florida

Purchased property in 8/2005 for $400,000. Upon

closing the property had only one tenant and much

deferred maintenance. By the end of the 12th week and

with a budget of $25,000 the property was fully leased,

had a stable income stream and was producing a

tremendous return for the owner. This was

accomplished through good project management,

market knowledge and a dedicated and conscience

staff.

Sales

Consultation

Valuation

Management