Real Regime Solutions For Complex Needs

Every property Regime has complex problems that need an experienced team of professionals to help manage. Coastline provides the highest level of expertise, and years of solid commercial regime experience. Navigating commercial property problems can be extremely difficult if you aren’t prepared. Whether it’s a Zoning issue, an tenant problem, or a complicated building maintenance issue Coastline can help your Regime get the job done.

Here are just a few reasons to retain Coastline as your Commercial Property Regime Manager.

Commercial Regime Budget Planning

Structuring a detailed operating budget & reserve budget is a critical process for a successful Commercial Property Regime. A proper operating budget will take into consideration the following details: Insurance & Taxes, Property Management, Accounting Fees, Legal Fees, Landscaping, Security Services, General Maintenance Of Common Areas, Utility Expenses, and Office Expenses. No stone is left unturned when Coastline is preparing an operating budget for a Regime. Horizontal Property Regime’s can require meticulous planning in order to successfully calculate & execute an operating budget. Don’t take chances with your property assets. Trust Coastline for your success when it comes to Property Regime Management.

Budgeting Tip: Your operating budget is like a checking account. Your reserve budget is like a savings account. Properly preparing your reserve budget can save thousands of dollars in the long run when it comes to building or property maintenance. Many building owners wait until it’s too late, and never had the proper reserve budget in place to deal with complicated issues like roof maintenance, building envelope maintenance, or common area maintenance. Proper reserve budget planning can potentially save the Regime hundreds of thousands of dollars, and potential costly litigation. Many commercial buildings have complicated low slope roofs, lightning protection systems, HVAC systems, plumbing systems, and extensive electrical systems that all need to be properly maintained. A strategic & effective reserve budget can be a lifesaver if an unforseen issue arises that needs immediate attention.

Reserve Planning

One primary role of a reserve budget is to have funds available for larger scale projects that do not occur on an annual basis. Another factor to consider when planning a reserve budget is emergencies. When an emergency does occur, reserve funds are there to help minimize tenant loss, and potential damage to the building or facilities. Making the right decisions, and having the right Regime Management Company working for you can be worth it’s weight in gold when planning a reserve budget.

Reserve Planning Tip: Coastline can help your regime conduct a Reserve Study. A Reserve Study provides a maintenance schedule & funding plan for common elements that have a useful life of 3 to 30 years. Following the plan helps ensure all members pay their fair share so special assessments become a thing of the past!

Running Successful Meetings

Coastline knows the secrets to planning & executing board and annual meetings that get business done, resolve conflicts, and keep the Property Regime pointed in the right direction. Notification of a meeting including the agenda will be sent at least 10 days prior to the meeting. Dates and times of board meetings can be uploaded to the Property Regime website. Being able to run a successful meeting for your property portfolio is essential to making things run smoothly, and avoid any loss of revenue!

Get Headed in the Right Direction Call Coastline Today 843.568.8788