Case Studies

The Tarsi Way was employed to undertake a rent roll due diligence on a rent roll for finance purposes. After many checks and balances the management fee income based on the management fees determined by the statistics of the rent roll portfolio did not match the income recorded and reported in the profit and loss statement or the management reporting software.

The Tarsi Way was hired to undertake a rent roll due diligence of 450 managements, for the business owner who has preparing for significant organic growth. The employment terms were that The Tarsi Way would report all findings to the department head who would oversee the rectification of any discrepancy.

The Agency went into liquidation. The Tarsi Way was employed to undertake a rent roll due diligence on the rent roll of approximately 340 managements for the purpose of sale.

The Client was purchasing a rent roll in Brisbane’s outer suburbs. The client needed to satisfy the rent roll due diligence clause of the contract. The multiple adopted in the contract of sale was 2.2 times annualised property management fee income. The time frame for the rent roll due diligence was 14 days from the date of contract.

The Buyer and Seller had successfully negotiated the contract multiple, at the rate of 2.9 times annualised management fee dollar per property.

The Client was seeking finance, through one of the big 4 banks of Australia, to purchase a management rights business, using the equity in their current rent roll which was purchased 3 years prior