1. Total Management Cost – In comparing our Total Management Cost to the market, we find that we typically have a comparable or lower cost due to our inherent efficiencies. We charge a gross fee as a % of net rent, whereas others charge a net fee and then add on salaries and other charges. Both models work, but we have found our business model can be more efficient and save clients on Total Management Cost – particularly in dense urban Omaha where pooling job functions works geographically.
2. Maximizing rent and minimizing expenses – We have built a brand based on The Blackstone District. Though this name is not exclusive to GreenSlate, we have been able to capitalize on the brand very effectively, in many cases being able to raise rents significantly simply by increasing the demand on a property. We do this through our vigorous marketing, which generates significant lead volume, which we can then use to fill not only properties right on Farnam, but over a 1 mile radius out. We also have various methods of decreasing expenses, such as pooling marketing and in-housing and pooling maintenance staff, which have been very effective in reducing property operating expenses on properties we have taken over