Search

Why One Real Estate Investor Chose Fred Leeds Properities

As a real estate investor, I want the benefit of residual income without having to live through a trail-by-fire education on tenant management. Fred Leeds Properties has the handle-on property management expertise I needed to add to my team. Originally I contracted with another management company who was not aggressive with tenant vacancy. After meeting with Fred Leeds Property Management I gave them a trial period by giving them half of my personal portfolio. Following their progress for six months, I was very pleased with how aggressive they are with tenant vacancies. After those six months, Leeds Property Management received my full personal portfolio and for over 18 months now have been doing an amazing job. For example they have lowered my vacancy factor down to 2%. With a creative and innovative approach to leasing they continue to maintain the current tenants. They have also managed my N.O.I. (net operating income) by lowering my expense and dramatically increasing my profit. Fred Leeds Properties increased my profit by implementing a state program that requires tenants to pay their own utilities. As you can see I made a great decision to trust Leeds Properties with my portfolio. I am very sure that in the future should my portfolio grow Fred Leeds Properties will be growing with me.

Yossi Eichenbaum, Real Estate Investor

Share

Leave a Reply