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SERVICES WE PROVIDE:
Delta Associates of Michigan, LLC, provides broad range of real estate services in:
(1) Home buying and rental assistance services.
(2) Property management consulting services.
(3) Housing development consulting services, and
(4) Temporary bookkeeping and housing (HQS) inspection services.
Our experienced team has broad knowledge in property acquisitions, financing, development/rehab, and apartment leasing and management. This puts our company in a unique position to offer property buyers and owners a well-informed knowledge of the factors affecting real estate ownership and management. We buy properties based on our in-depth knowledge of what it takes to manage/maintain such a property to maximize owner’s return.
We offer services with several price points. Clients could pay us to perform certain tasks, or they could hire us to do specific specialized tasks that require licensing and further training, while they save money by doing other simple tasks, they could handle themselves.
1. HOME BUYING OR RENTAL ASSISTANCE SERVICE:
We assist renters in locating new homes or in buying houses with an affordable mortgage payment which is at times equal to or lower than their current rental payments. We provide to our clients a detailed financial breakdown of the cost of acquiring and maintaining a home so that purchase decisions could be made based on sound financial judgment and affordability. We also assist our clients, through collaboration with other real estate agents, in locating houses in areas of their choice, by doing initial walk-through inspections, making offers to purchase, and overseeing other required due diligence matters.
2. PROPERTY MANAGEMENT CONSULTING SERVICES:
In property management consulting service, if property to be bought is an investment property, we shall utilize our more than 20 years of hands-on property development and management experience by researching the property data and providing operating cost and reserve analysis in order to determine the financial solvency of the property.
We could also assist with tenant screening services, rent collections, deposits, leasing vacant units, paying bills, preparing and monitoring owner-approved operating budgets, preparing monthly cash flow statements, obtaining insurance and other repair bids for owner’s approval, and coordinating, for a nominal fee, some maintenance and repair work as needed.
3. HOUSING DEVELOPMENT CONSULTING SERVICE:
Delta Associates provides housing development consulting services to small investors and local non-profit housing groups in areas of site acquisitions, development of initial operating pro-formas to determine affordable rents and funds available for debt service.
4. TEMPORARY BOOKKEEPING & HOUSING INSPECTION:
As we know, there are times in every business when there is a need for extra temporary help. Reasons may be vacation times, illness, or even department overload. On such occasions, our staff provides temporary bookkeeping and housing inspection services. Such services may include helping to lease-up vacant units using our experienced Certified Housing Tax Credit Compliance Professionals, or performing site/unit move-out inspections which includes assessing third-party unit damage charges to vacated residents based on initial resident move-in/move-out checklist provided by the property owner.
Our unit turnover inspection service includes:
(a) Preparing detailed 140-point unit-turn Contractor work specifications report that covers maintenance, painting and cleaning services.
(b) Taking property photos on any observed Housing Quality Standard (HQS) Violations that could help deter fines from City or State Housing Inspectors.
(c) Performing occupied unit quarterly or annual inspections for re-certification or resident lease renewal decision making purposes.
(d) Identifying Preventive Maintenance Items for Capital Needs Assessment (CNA) Reports.
(e) Doing, a third party, move-out damage assessment report for Owners or Management as requested.
➢ Our team of Rental-Unit Housing Inspectors also works with several Licensed Unit Home Repair/Renovation Contractors who are ready to provide unit-turn/apartment redecoration bids for Management or Owner’s review, approval or contract awards.
We understand the daily challenges facing Community/Site Managers and speed up delivery of our inspections or unit-turn work write up reports so that Managers or Owners could make faster decisions in terms of unit turns, occupied unit lease renewals, or evictions
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