EXPENSE MANAGEMENT

EXPENSE MANAGEMENT SOLUTIONS

Dealing with a commercial property’s operating expenses is an important part of effectively managing a property. These expenses go by a variety of different names: Common Ares Maintenance (CAM) Charges, Triple Net Charges or Expense Pass Throughs. The commercial lease covers how to handle expenses. It is extremely important that they are handled 100% according to the terms of the lease. Mishandling expenses can lead to real trouble for the property owner. Mistakes can be quite costly. 

Additionally, we are experienced at looking for, and often finding, cost saving areas. We might be able to help you reduce expenses, thereby increasing your bottom line!

RPS has created a division dedicated to helping Property Owners and Tenants deal with property expenses. This division is separate from, but closely related to, our standard property management services. You can hire RPS to help you navigate operating expenses ONLY (without hiring us to take over other management functions). 

Let us help you with:

• Annual CAM Reconciliations
• Creating Operating Budgets and Tracking Expenses
• Base Year and Expense Pass Throughs
• CAM Audits
• Expense Stops
• CAM Audits
• Cost Savings Ideas
• Lease Compliance