Neiman, Kornblum, Farkas & Hoffer

13245 Riverside Drive, Suite 360, Sherman Oaks, CA 91423   (818)907-0861

It has been said, “a true test of performance is measured over time.” Principals of NBK Realty Management, Inc., who are all Certified Public Accountants, have been managing properties in the Southern California area for over 45 years, earning trust through service which is the cornerstone of our company.Our goal is to provide quality personalized service for you the owner (and your tenants) and to fulfill those financial expectations made when you acquired the property.In these economic times, having time-tested professional management working for you should provide to you the financial success that our clients have already obtained.

OUR SERVICES

LEASING AND RENTING: Vacancies are a cancer to Income Property! Therefore, minimizing vacancies is our first priority.  We will analyze the causes of the problem and implement corrective actions immediately.  Then, advertising, screening, selecting, and renting will be accomplished effectively and efficiently.

COLLECTIONS:Rents will be collected timely and late fee charges will be enforced.  As part of our rent collection procedure we will monitor repairs and charge tenants who are causing unwarranted damage.

VENDOR PAYMENTS:We maintain a large vendor file of licensed, insured, reliable and competent professionals.  Over the years, we have developed positive relationships insuring prompt response to our service needs with maintenance done correctly the first time.  Vendors, knowing that they receive timely payments for all jobs completed and approved, provide outstanding service. However, we will always investigate and approve any recommendations made by owners to use their existing qualified vendors.

SECURING BIDS:  For all maintenance, repair and improvement work exceeding an agreed upon dollar limit, we obtain bids to be approved by property owners.

INSPECTIONS:In addition to the duties of on-site management personnel, our property management team makes routine inspections of your property insuring that it achieves its full attractiveness and potential.

PRIDE IN YOUR INVESTMENT:In addition to maintaining and improving the worth of your investment our aim is to provide you the owner with a current income stream. This is why we have a program of preventive maintenance and timely improvements assuring the attraction and retention of quality tenants, who are financially capable of paying the rents, respecting the property they occupy, and thus keeping your property at its highest value.

REPORTS AND FINANCIAL INFORMATION:We provide monthly operating statements, which include statements of income and expenses, cash flows, balance sheets, and detailed tenants and vendor information to every owner or person of their choosing.  An informed owner makes for a wise investor and it is our goal to achieve both.

OWNER BANK ACCOUNT:We can maintain separate bank accounts for each owner eliminating the problem of commingled funds, which often occurs with trust fund property managers.  As an owner you may choose your bank of preference.

FEES: 

Management – We charge a flat percentage management fee based only upon rents actually collected as your property manager. The percentage depends upon location, size and type of property.

Leasing – Upon advance agreement, leasing fees if applicable, are paid on a flat percentage after obtaining a qualified tenant, and receiving an installment of prepaid rent and security deposit for your leased property.

E-Mail may be sent to any of our Property Managers at the following addresses:

E-Mail may be sent to any of the principals at the following addresses: