More Information on Who We Are and What We Do

Both David and Richie grew up in this business starting in site-level positions. David earned his bachelor’s in business administration from Frostburg State University in Maryland and is a Certified Property Manager® (CPM®), Certified Occupancy Specialist® (COS®), Registered Apartment Manager® (RAM®), National Assisted Housing Professional, Executive Level® (NAHP®) and Tax Credit Specialist® (TCS®), and is a real estate broker in North and South Carolina

More Information on Who We Are and What We Do

Both David and Richie grew up in this business starting in site-level positions.

David earned his bachelor’s in business administration from Frostburg State University in Maryland and is a Certified Property Manager® (CPM®), Certified Occupancy Specialist® (COS®), Registered Apartment Manager® (RAM®), National Assisted Housing Professional, Executive Level® (NAHP®) and Tax Credit Specialist® (TCS®), and is a real estate broker in North and South Carolina

David Barr

Co-Founder
David began his career in 1984 as a property manager with Boston Financial. In 1987, he joined Security Management Inc. as a property manager and was promoted to district manager in 1990. In 1993, Insignia Residential Group acquired Security Management Inc. David remained with Insignia, managing 13 properties totaling 2,713 apartment units. In 1996, David joined Westminster Company as a regional property manager and was promoted to vice president in 1997. He was responsible for the operations of 35 properties and supervision of 3 regional property managers.

[email protected]

Richard Rojek

Chief Operating Officer
Richard earned his degree in business administration. He is a Certified Professional of Occupancy (CPO) and a licensed real estate agent. He began his property management career while still in high school, at which time he was employed by a general contractor who specialized in property management repairs and maintenance (preparing sites for REAC Inspections). While earning his business degree, he worked as a floating manager/ maintenance. Richard was promoted to assistant district manager and then promoted to district manager, overseeing 12 affordable properties and 3 conventional sites. Richard joined the BRD team and held the position of district manager.

[email protected]

Richard Rojek

Chief Operating Officer
Richard earned his degree in business administration. He is a Certified Professional of Occupancy (CPO) and a licensed real estate agent.

He began his property management career while still in high school, at which time he was employed by a general contractor who specialized in property management repairs and maintenance (preparing sites for REAC Inspections). While earning his business degree, he worked as a floating manager/ maintenance. Richard was promoted to assistant district manager and then promoted to district manager, overseeing 12 affordable properties and 3 conventional sites. Richard joined the BRD team and held the position of district manager.

[email protected]

Barr Residential & Development

Barr Residential & Development, LLC is a property management company located in Myrtle Beach, South Carolina. BRD was formed to provide owners with a management company that is dedicated to increasing cash flow, improving resident satisfaction, and maximizing the value of assets through a “Service First” approach to property management. BRD is exclusively a fee management company positioned for expansion, drawing from a dedicated pool of property management professionals. Accordingly, we recognize our success is totally dependent on the quality of service we provide our clients. Our “Service First” approach has enabled us to successfully turn around thousands of units of distressed apartment communities with little or no new capital. Collectively, with over 35 years of experience, we know that positive results follow only when a high value is placed on customer satisfaction.

In order to maintain customer satisfaction, we rely heavily on people and technology. We will never accept anything less than the highest level of quality at every position, from the executive suite to district manager, to site manager, to resident services coordinator, to groundskeeper. Equally important is our belief that technology, properly used, can reduce the distance between the owner and management agent, and executive management and the site personnel.

Services We Provide

Maintenance and Management of Physical Assets

We make regular site visits to your property that include a review of property repair policies and procedures, employee performance, training needs, replacement, and capital needs, building/grounds maintenance, contract performance, leasing activities, market analysis, resident communication, retention, satisfaction, and services, curb appeal, review of work order scheduling, and preventive maintenance scheduling. Monthly sessions will be held with the site staff to analyze ongoing expenses through the art of “Process Review for Improvement. Additionally, we have experience assisting owners with the process of property rehabilitation and major renovation.

Experienced Senior Management

Management Accounting and Budget Preparation

We use a sophisticated budgeting process that compares year-to-date actuals to budget and forecasts the remaining fiscal year. Special analyses are completed on rent increases, vacancies, apartment turnover, payroll and staffing, utility consumption, escrows, replacement, and capital needs, adequacy of property reserves, and projection of surplus cash. Reviewing the prior two years of actual income and expenses and the current year's forecast and budget, the upcoming year is budgeted plus the projections for the next nine years.

Marketing Performance

Employee Training

Employee Recruitment and Screening

Financial Reporting and Transparency

Provide you with transparent, real-time information about your property's financial condition utilizing modern computer technology. We use field-tested, industry-standard computer software at the site level for data entry of receivables and accounts payable, which are in turn linked to a PC-based property management accounting system in the home office. All accounting functions are reviewed by a certified public accountant in our accounting firm. Provides clients with timely accounting reports, which compare budget to actual for both the current month and year to date. Operating statements are reviewed monthly, and Budget Variance Explanation Reports are prepared to explain any major variance of actual to budget. In addition, BRD will provide Balance Sheets and Detailed Monthly or Cumulative General Ledgers. Special financial reporting requirements can also be accommodated. All financial reports can be provided by the tenth of the month following.

Regulatory Compliance