Welcome back
Nicole Stines
Monthly Income
$24,850
Across active properties
Monthly Expenses
$8,940
Including repairs and turnover
Net Cash Flow
$15,910
Projected current month
Occupancy
94%
Portfolio average
Outstanding Balance
$3,420
Approvals Needed
3
Open Work Orders
8
What this month means
Rent collections are healthy overall, with one property in active repositioning and two performing assets carrying current cash flow. The main decision needed now is contractor approval for 309 Harper so improvements can begin.
Approve 309 Harper Roofing Recommendation
309 Harper Ave
Selection needed to move forward with roofing scope and lock schedule.
Amount
$18,000
Approve Window Package
309 Harper Ave
Window vendor recommendation prepared with rebate opportunity noted.
Amount
$22,500
Approve Paint Scope
Avondale House
Exterior touch-up work needed before summer leasing push.
Amount
$3,800
309 Harper Exterior + Systems Refresh
309 Harper Ave
Budget
$55,000
Next Milestone
Review decision package
Action
Approve contractor package
Avondale Common Area Refresh
Avondale House
Budget
$12,500
Next Milestone
Furniture install
Action
No action needed
Weekly Owner Update
Roof and window bids are now organized into a decision package. The next step is owner review and contractor selection.
Leasing Update
Palmetto Place has two pending renewals and strong inquiry traffic for the next available room.