One-Stop Shop For Capital Improvements & Value-Add Opportunities:
Power Property Management will identify, manage & execute strategic improvements to increase a property’s value. We customize each project according to your property’s needs. No project is too large or too small.
CASE STUDIES
Capital Improvement Projects May Include:
Kitchen Remodels & Painting estuco
Bathroom Remodels
Window Replacement
Electrical Work Including installation Of new LED lighting
Installation of cabinets, Countertops appliances, etc.
Hardwood floor & Tile installation
Installation and/or Rehabilitation of Gates and Fences (to code)
Installation and/or Rehabilitation of exterior decking
Hardscape & Landscaping Improvements
How Power Property Management Executes Value-Add Projects
1. Opportunity Assessment
We identify which units and building systems represent the best value-add opportunities — based on current rent vs. market rent for renovated comparable units in your submarket. No project begins without a clear ROI projection.
2. Scope Definition
We define the exact scope of work for each unit or common area improvement — from targeted cosmetic upgrades to full gut renovations — with a detailed budget and projected rent increase.
3. Competitive Bidding
We solicit bids from a minimum of three licensed, insured contractors from our vetted vendor network. You see all bids and approve the selection. No kickbacks, no markups.
4. Project Oversight
Our team manages every phase of construction: permits, scheduling, quality control, and budget tracking. You receive regular progress updates without needing to be on site.
5. Lease-Up at Premium Rents
Once renovated units are complete, we launch an aggressive marketing campaign targeting qualified residents willing to pay market-rate rents for the improved unit — minimizing the vacancy window between tenants.
6. ROI Tracking
We track actual rent achieved vs. projected rent, payback period, and bottom-line income impact — giving you a clear picture of the return on every dollar invested.