Expert property management for private owners
With our fastidious property management service in Bielefeld, we not only guarantee accurate accounting and well-maintained properties, we aim to achieve sustainably optimised yields and a steady appreciation in value for your property.
With assurance and skilled negotiation, we also reconcile the diverging interests of owners so that they can achieve the greatest possible success with their property together.
WEG (Condominium Act) Management
Both in the business and technical areas, we provide you with personal contacts who will get to know your property inside out and deal with any issues and concerns.
As part of our work, we identify whether and where there is further potential to exploit. In such cases we will provide suggestions for cost optimisation. Of course, we prepare property owner meetings meticulously: with incisive presentations we make sure everything runs smoothly and professionally.
The close relationship with the administration council also includes annual property inspections in which we intensively discuss and plan our strategy. Since we regularly inspect the properties in any case, we are already able at this point to make useful suggestions. Our portfolio of services includes the ongoing archiving of resolutions and the free certification of household-related services in accordance with Section 35a Income Tax Act (EStG), as well as the medium-term plans we prepare in addition to the business plan – we plan for your sustainable success.
An overview of services:
- Technical and business management in accordance with WEG regulations with designated contact persons
- Identification of potentials and optimisation of costs in your community of owners
- Owner meetings are professionally presented using Microsoft PowerPoint
- Regular property checks
- Regular contact with the administration council
- Ongoing archiving of resolutions
- Free certification in accordance with Section 35a Income Tax Act, EStG (household-related services) in the management accounting
- Annual property inspections with the administration council for strategy planning purposes
- Creation of medium-term plans (3–5 years) in addition to the business plan
Individual ownership management
As the property management company commissioned by you, we are expert contact partners for your tenants – from the letting and conclusion of contracts to the return handover of the apartment when they move out.
At every step, we ensure compliance with the legal frameworks and explore the possibilities of rental increases for you. For each apartment handover, we prepare detailed records in order to provide security for all contractual parties. The annual accounting of operational and heating costs, and the completion of any maintenance and repair works, are also included in our remit.
An overview of services:
- Supporting your tenant with all issues relating to their tenancy
- Carrying out the annual accounting of operational and heating costs
- Regular review and implementation of rental increases in accordance with the legal and contractual provisions
- New letting at market conditions
- Handover of apartment to new tenants and preparation of handover report
- Dealing with return handover of the apartment and preparation of handover report at the end of a tenancy
- Management and coordination of necessary maintenance and repair work, in consultation with you
Property valuation
Do you need a valuation for your property or plot? kfh and your cooperation partner will be happy to help you value your property anywhere in Germany.
We are also there for you if you require expert assessments, for example in case of damage to the structure or ground. Where necessary, we will bring in external surveyors or consultants from other fields in order to provide you with the best-possible basis for decision-making. Our evaluations always meet the relevant standards – including in an international context. Should you require property valuations in English, please simply let us know.
In terms of the various valuation purposes, the assessments and calculations meet the relevant standards:
- Section 194 Federal Building Code (BauGB) / Property Value Determination Act (ImmoWertV) / Valuation Guidelines (WertR)
- Practice Statement (PS) 3.2 Market Value Red Book of the Royal Institution of Chartered Surveyors (RICS)
- International Financial Reporting Standards (IFRS)
- International Valuation Standards (IVS)
- Section 16 Mortgage Bond Act (PfandBG) / Mortgage Lending Value Act (BelWertV)
Expert reports can also be prepared in English. Through interdisciplinary collaborations with experts in other fields, we can also produce joint surveys with holistic approaches, for example with regard to damage to buildings or building plot surveys.
Optimising operating costs
Increase your yields. Cut the operating costs of your property.
We always keep an eye on costs because experience has shown us that it is always possible to make savings without impacting service. That applies in particular to the extensive field of insurance policies, which we realise in the form of framework agreements with well-known contractual partners. We thereby achieve an optimal price-performance ratio and a significant cost optimisation that ultimately also improves rentability.
