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# Property Management
###### ABOUT US
### Born Out Of Necessity
After being unsatisfied with multiple 3rd party property management groups for our 45-door portfolio, we made the decision to hire a team in-house and self manage our homes.
We spoke with numerous owners of single-family rentals and they all shared the same frustration. The existing management options in the marketplace did not provide great service so it was either do it themselves, which they didn’t want to do, or be ok with mediocre service at best.
We are passionate about providing great service and saw a problem that needed a solution. We are excited to announce the launch of Common Ground Management to provide all owners of SFR a better option.
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#### Let’s start a conversation!
 info@commonground-dev.com
 832-761-2880
### Why CG Management?
##### Service First
Providing world class service is important. It matters when it comes to renewals and rent growth. As important, both the Landlord and Manager’s reputation in the marketplace is critical to protect.
##### In-house Maintenance
Leveraging our in-house maintenance resources allows us to perform minor tasks at a fraction of the cost that it would be to hire out. We pass on these advantages to our clients.
##### Scale
The more homes you own, the more efficient everything becomes. The price of software, materials and services become less per home when you have scale. Even if you don’t have 100 homes, being a part of our portfolio allows you to take advantage of our scale.
##### Ownership Lens
We view management through a lens of ownership as we own 45 properties (and growing) ourselves. We understand the importance of sound financial reporting, pushing rent growth, maximizing NOI, and achieving renewals.
##### Vendor Relationships
The ability to keep costs low is greatly affected by the types of vendors and the length of time of relationships. We are given preferential treatment and pricing due to the large amount of time that we have invested over the years nurturing relationships with the best vendors.
### The Team
#### Ty Lee
###### MANAGING DIRECTOR
Ty Lee has served as the Managing Director of Common Ground Capital, LLC, a private equity fund that manages a $20mm SFR portfolio, since its inception in March of 2021. From 2004 to 2014, Mr. Lee practiced architecture with some of the most prestigious global architecture firms in the Country. Starting in 2014, Mr. Lee began the transition to the development side of the industry. While at CBRE, the world’s largest real estate company, he managed over $100mm of asset value and worked closely with principals and executives.
Mr. Lee’s development and management experience includes commercial and residential asset classes totaling over $500mm. To date, Mr. Lee’s average returns exceed 20% IRR and 1.75x equity multiples. In order to achieve these returns for investors, he is hyper-focused on creating real estate products in the marketplace that are differentiated through design, exceptional service, and institutional precision of execution.
#### Krishna Upadhyaya
###### BROKER OF RECORD
Krishna Upadhyaya started a real estate career in 2003 with Century 21, where she gained her initial training. She has specialized in the Dallas and Collin County areas over the course of her profession. During the boom of real estate, she moved to William Davis Realty, a local agency. She earned a broker’s license in 2016 and functions independently. Krishna is proud to be a Realtor and a resident of an expanding Metropolitan DFW.
In 2016 she purchased a franchise to become part of the leading franchise in property management. Property Management, Inc. is on Entrepreneur’s Top 500 Franchise list. She plans to use her real estate experience to grow in a different direction. PMI Star of Texas’ objectives include working with integrity, ethics, and establishing a relationship with the client. We strive to bring excellence in all our services, which means commitment and dedication to this profession. We value our profession and the contributions we can make to our peers.
#### Rivka Parr
###### COMMUNITY MANAGER
With over 20 years of real estate experience, Rivka brings a wealth of knowledge and experience to the Common Ground team. In prior roles, she successfully managed a portfolio of 346 single-family homes with 22 different owners. Managing teams, financials, lease-up, and property maintenance were among Rivka’s many duties.
Rivka is a license real estate agent in the state of Texas and is originally from the nearby city of Irving. When she’s not helping Common Ground grow and expand, she’s active with her church and enjoys spending time with her three sons.
#### Lauren Lee
###### DESIGNER
Lauren Lee brings both strong design and analytical skills to Common Ground. After graduating from Rice University and UT Austin’s School of Architecture, Lauren worked in residential design with Jan Showers, managing retail product development and production as well as fulfilling clients’ wishes to create deeply personal spaces. Lauren then moved to solving more technical problems in healthcare interior design with Perkins+Will, finding satisfaction in making spaces like labor and delivery, NICUs, or mental health spaces more functional for hospital staff and more comfortable for patients and families.
With over 15 years of residential and commercial design experience Lauren will be working with Ty to elevate the properties in Common Ground’s portfolio, bringing out individual property’s strengths and creating valuable homes for the community members.
### Tools of the Trade
##### Digital Leasing
With 3D tours & self-showings
##### Legal & Compliance
Local experts to support you
##### Online Portal
Owner & resident mobile apps
##### Resident Screening
Less than 1% eviction rates
##### Reporting
Customizable financial reports
##### Electronic Rent Payment
100% of rent is paid online
##### Dedicated Manager
Personalized portfolio support
##### Maintenance & Repairs
Automated and Monitored Software
##### 24/7 Emergency Support
Standing by when you need us
### The Proof is in the Numbers
###### NUMBERS SPEAK LOUDER THAN WORDS.
We are diligent about controlling costs and creating the best product with the least amount of money. With our design background, we see things differently and are resourceful with our material selections. Thoughtfulness, strategy and hard work can create successful investments. Our lawyers require us to say that past performance is no indication of future performance and market conditions fluctuate constantly.
All figures represent 2022 figures.
## $67
###### AVERAGE ANNUAL R&M COSTS PER PROPERTY
## 7.71%
###### AVERAGE ANNUAL RENEWAL RENT GROWTH ACROSS PORTFOLIO
## $214
###### AVERAGE TURN COSTS PER PROPERTY ACROSS ENTIRE PORTFOLIO
## 26
###### AVERAGE # OF DAYS FROM LIST TO LEASE
### Tenant Reviews
###### REAL REVIEWS FROM REAL TENANTS
Tenant reviews are an essential aspect of the rental process as they provide valuable insight into the quality of a rental property and the landlord. They serve as a crucial tool in creating transparency and accountability within the rental industry.
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We just signed our lease and move in soon. I am so grateful for Common ground, they made this whole process so easy and stress free. Quick and detailed responses, answered every question I had, and they were very quick with the documents. Very excited to move into our new home and continue working with Common ground as tenants.
##### Vivian Pulido
##### ★ ★ ★ ★ ★
 !! Common Ground has been great to work with. They are Very responsive, proactive, professional, and most of all respectful. Ty has no problem discussing and issues and finding mutually beneficial solutions. It has definitely been a pleasure to work with them.
##### Antonio Hansberry
Just completed our lease. From start to finish this is the best home leasing experience. This company truly cares for their tenants. I highly endorse Common Ground Capital.
##### Debra Barchuk
Renting from Common Ground Capital is definitely the right choice! They make the process easy and are always so responsive. Thank you guys for all of your help!
##### Kaitlyn Bishop
### Fee Structure
###### OUR GOAL IS TO MAKE YOU SUCCESSFUL SO THAT WE CAN GROW WITH YOU.
We don’t like to be nickeled and dimed as owners, so we aren’t going to nickel and dime our clients.
We understand that hidden fees and confusing charges can be frustrating, which is why we have made our fee structure as simple as possible. Our goal is to make the process of working with us as easy and stress-free as possible, so you can focus on what matters most –finding the perfect rental property. With our straightforward fees, you can rest assured that you will not be hit with any unexpected charges or surprises.
## 8%
###### OF MONTHLY GROSS RENT COLLECTED
## 1/2
###### MONTH
###### MONTH’S RENT IN LEASING FEES
## $250
###### ADMIN FEE FOR RENEWALS
### Onboarding Process
Experience a smooth transition into your new property with our streamlined onboarding process
###### 1 DAY
##### Initial Meeting
###### 5 DAYS
##### Portfolio Review
###### 3 DAYS
##### Agreements
###### 14 DAYS
##### Software Setup
##### Transition
###### 30-45 DAYS
##### Success
### Let’s Continue the Conversation.
To get signed up, please reach out to info@commonground-dev.com and we’ll circle back as soon as possible!
###### Find A Home
###### Tenants
###### Why Us
###### About Us
###### Contact Info
 4900 Airport Parkway, #1117
 Addison, Tx 75001
  !                 © 2025 Common Ground Development. All Rights Reserved.
Designed By: Red Spot Design, a  
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# Pricing
#### Tenant Placement & Property Management
Leasing Fee: 50% of the 1st Full Month’s Rent. Property Management Fee: 8% of gross rent collected monthly ($165 minimum). Call for multi-property discounts and rents above $3k/month for a single unit.
* Common Ground (CG) will walk the property, make recommendations regarding repairs and/or renovations so that your property will be shown in the best light.
* Common Ground (CG) will take professional photos of your home.
* CG will perform a market analysis using the MLS and other proprietary softwares to determine the highest rental price that may be achieved in current market conditions.
* CG will place a lockbox on your home and coordinate/handle all showings and inquiries.
* CG will list your property on MLS, Zillow, and many other popular sites!
* CG will provide weekly leasing reports with recommended actions to get your portfolio leased quickly and at top of market rates.
* CG utilizes a robust 3rd party screening process for background checks, income verification, and credit history.
* CG will pepare the lease and obtain signatures. We use the standard Texas Association of Realtors form.
* Using technology, CG will perform inspections with documented photographs prior to annual renewals.
* CG works hard to push for annual rent growth as we know taxes and insurance for Owners increase on annual basis.
* You will have access to real time financial health of your portfolio via an online Owner’s portal 24/7.
* CG will coordinate repair requests 24/7 with super fast response times.
* CG has relationships with best value vendors across the DFW metroplex to minimize repair costs.
* CG will enforce terms of the lease as needed.
* CG will provide monthly financial reports via email.
* CG will provide year end reports.
* CG will transfer your net profit each month via ACH directly into your account.
* CG is confident that you will love our service so all our contracts can be terminated with 30 days written notice.
#### Tenant Placement Only
Leasing Fee: 100% of the 1st Full Month’s Rent.
* CG will advise the Owner regarding lease terms but the Owner will need to draft the lease as their management solution will need to administer the terms.
#### Property Management Only
Property Management Fee: 8% of gross rent collected monthly ($165 minimum). Call for multi-property discounts and rents above $3k/month for a single unit.
#### Please call 832-761-2880 or email us at info@commonground-dev.com to learn more and get signed up!
Designed By: Red Spot Design, a
# Development
We are leveraging our architectural and development background to create vibrant build-for-rent communities. Our robust underwriting process is in search of opportunities that equate to a 7% yield on cost, untrended. This conservative approach allows for a higher probability of above average returns for our investors. Socialization, amenities, and well designed homes are core to our investment and design thesis. Better product, when done well, equates to better returns and more meaningful developments. We like infill sites between 10-15 acres in established neighborhoods where popular restaurants, retail and experiences can serve as additional amenities.
# Contact Us
### Work with Common Ground
Interested in finding out more? We’d love to hear from you and set up some time to discuss how we can work together.
      First Name    Last Name    Email    Phone    How Did You Hear About Us?    Message     Submit Form
##### Corporate Office
###### Common Ground Capital, LLC
Service Areas:
Dallas-Fort Worth, TX
Austin, TX
Waco, TX