Operations

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 […]

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

In a world where quickly changing interests and innovations have increased customer expectations. This has in turn made businesses realize that their best bet in growth lies in their ability to develop and maintain a high level of customer satisfaction and loyalty. Hence, the need for customer management. Customer management is the process used to

Standard property owner expenses include mortgage, taxes, utilities, and insurance. In addition to these standard expenses, another essential category, particularly for investors, is maintenance costs. Landlords would ideally have to direct a portion of rental income towards improvements and maintenance. This basically serves to keep the rental property in prime shape and retains tenants’ satisfaction.