Capital-Budget

If you’re an apartment manager, you’re busy. You have residents to attend to, staff to manage, and maybe even a personal life in there somewhere. It’s a comfortable but tiring routine, ebbing and flowing day after day.

This is why budget season can be so frustrating. You have to step out of that day-to-day grind and look at the bigger picture. The picture gets bigger if you’re planning a renovation project.

This is where THS can help you.

Capital budget planning is the art of budgeting the coming year’s project. If you’re planning a fresh paint job or new roofs, fixing long-standing issues or making any other significant investment, you need a capital budget. We know the preparatory work, the unexpected costs, and the details you may miss. This is our territory, and we can guide you through it.

Your capital budget is different from your standard maintenance budget. It is proactive rather than reactive. Despite its preparatory nature, it can fluctuate in surprising ways. Your simple renovation project can become a tangled web of hidden costs and unexpected setbacks that can frustrate even the most experienced manager.

A renovation expert like THS can help you prepare for every piece of a capital budget. Our account managers and construction managers are experienced professionals who have completed dozens of renovation projects. They will give you a sense of your project’s true scope and help you plan to pay for it.

THS loves capital budget planning because it forms a real partnership. It also occurs at an early stage in the renovation process, so it’s a great way for us to build trust with a client. If you need an expert to help you budget for a renovation project, contact us. We would love to help.