How to Record the Purchase of A Fixed Asset/Property
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Many investors find that purchasing a new commercial property is easy. But the next step, recording the purchase as a fixed asset in QuickBooks, can be complicated and confusing.
The Importance of Monthly Invoicing for Commercial Real Estate
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There’s an ongoing debate among commercial property managers: should we be invoicing our tenants monthly? After all, tenants should already know how much their rent is and when it’s due. This information is in their lease and it doesn’t change. Shouldn’t we save time and resources by skipping these recurring invoices?
How to Navigate the Changing Future of Commercial Real Estate
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The Future of Commercial Real Estate COVID-19 has dramatically affected the future of commercial real estate (CRE). As cities and businesses begin to reopen in a post-pandemic world, the industry is facing never-before-seen challenges that require innovative thinking and solutions. The decisions your business makes now have the power to make or break the success […]
An Overview of Common Area Maintenance Reconciliation
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Common area maintenance otherwise known as CAM reconciliation is an essential part of managing commercial real estate.
Tangible Property Regulations and What You Really Need to Know
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By now, many savvy real estate owners and investors are aware of cost segregation studies. These studies allow owners to accelerate depreciation and reduce taxable income in the early years of ownership.
Commercial Real Estate Rent Collection: Benefits of ACH
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Imagine your office free of paper checks… Then imagine what you could do with all the time you’d save if you weren’t processing checks by hand. Saving time with a streamlined payment system is one of the Benefits of ACH for Commercial Real Estate.
The Quick Guide to Lease Administration and How to Be Successful
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Lease administration is one of the most commonly misunderstood aspects of commercial real estate.
The Need for Office Space After Covid-19 is Still A Priority
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2020 forced many companies to confront just how necessary their office spaces were.
What is the Best Way to Handle CAM Reconciliation in QuickBooks?
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Most commercial leases include Common Area Maintenance expenses. This means at least annually, you must complete CAM reconciliation.
Software Comparison: STRATAFOLIO Versus AppFolio
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Today, we are comparing STRATAFOLIO to a property management software called AppFolio.