There are several moving parts when it comes to a successful real estate business. Being able to successfully generate funds from a property is not the only skill that defines success in a real estate business. As a property manager, you must also be able to ensure that you have the best administrative practices in […]
Fixed assets are a great way to invest long-term with the assurance of getting a periodic turnover. However, if they are not properly managed, fixed assets could easily lose value, causing investors to run at a loss in no time. It is for this reason that fixed assets management is vital. Fixed assets management has
Unquestionably, the biggest goal of any business is to generate and maintain steady income and profit. This is also the goal of every landlord and property manager in the rental property business. One other way in which you can achieve this goal in your rental property business is by cutting costs. Therefore, this article covers
Accounting in real estate is an essential aspect, however, it can be quite tasking. This is mainly because there are a constant series of transactions to attend to while of course, keeping with Federal, State and Local regulations. Therefore, the key to managing real estate finance is proper real estate bookkeeping. To adequately keep accurate
Vendor management extends beyond simply finding and engaging the services of a skilled service provider.This is because vendors working on your property would typically be authorized by you, and as such, you want to ensure that only the right set of people get access.Protecting your property and tenants is paramount, and this is precisely why
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