WHAT WE DO

Our commitment is to provide total quality services to our clients, not only with our professional staff credentials, but assuring the highest quality standards in the industry. Our continue improvement on the efficiency and control in our administration program have being our commitment not only to our clients but with our staff. With our highly qualified, in-house and out-house Administrator’s team, we offer a full service management company to our clients. Our primary goal and motivation is to provide the best neighborhoods’ to our clients at a price they can afford. We believe that home is where you treat your friends as family, and your families are your friends. At American Assets Administrators we are committed to achieve your highest quality neighborhood’s standards by:

Understanding the needs of the owners is important for our administration function. Getting them to move in is only the beginning. The administrator must then respond to their requests following the Property’s Board of Directors instructions, monitor their activities as regards the Property’s rules and regulations requirements, collect maintenance payments in a timely manner, and continually assess the owners' satisfaction as regards the property's amenities care. The unwelcome task of disciplinary actions for violations or non-payment is part of this function also.

Property management is also physical management of the structures and outdoor areas. Landscaping, electrical, plumbing, roof, walls, and much more are all part of the physical property as can be included in the contract. The administrator must maintain relationships with contractors and repair companies, budget capital expenditures, and monitor the quality of all repairs and maintenance. This function ties in with the financial piece, as some improvements will require significant capital expenditures and budgeting for them. It ties in with owners and occupancy management because it is important to tenant retention to have well-maintained properties.

Maintaining files and records is part of the administrative function. Federal and local governments all have some jurisdiction over real estate property management activities. Certain reporting requirements must be met for all of them. Meticulous records for accounting and taxes are a must. For reasons of liability, all activities and tenant interaction must be recorded and maintained for specified periods. Though also related to financial functions, there are very rigid requirements in most states for the handling of funds paid by owners for the properly disbursement as per approved operational budget.

 

Our executive office is located at:

CAVE Building
Ciudad Universitaria
AA Avenue RR-3
Trujillo Alto, PR 00976
Tel. (787) 293-3383