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.
Tag: CAM
Software Comparison: STRATAFOLIO Versus AppFolio
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Today, we are comparing STRATAFOLIO to a property management software called AppFolio.
6 Best Practices for Common Area Maintenance (CAM) Reconciliation
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For many commercial real estate businesses, the common area maintenance (CAM) reconciliation process could use some work.
5 Ways to Automate your Commercial Real Estate Business
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Automation in commercial real estate businesses is crucial for efficiency and lowering overall costs.
Setting up a Chart of Accounts for a Commercial Real Estate Company
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A good chart of accounts is the foundation for good record keeping. This is true for all industries, including commercial real estate.
What is CAM (Common Area Maintenance) Reconciliation?
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Common area maintenance charges (usually abbreviated to CAM) are often a part of a commercial lease.
5 Common Commercial Real Estate Lease Mistakes to Avoid
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Creating a well-written, well organized commercial lease will save you time and a whole lot of hassle.
What Are NNN Leases and What are Lease Escalations?
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Whether you already have some knowledge about NNN leases or lease escalations or it’s a new topic for you, we hope you’ll learn something from our 3-part series on lease escalations! This is Part 1. Stay tuned for the rest of the series!
Don’t Miss Items with Common Area Maintenance During Due Diligence
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Once you have identified a commercial real estate asset to purchase, the due diligence period begins. Verification begins with everything, including taxes, insurance, and common area maintenance (CAM). During the due diligence period, you have a set amount of time to complete any investigations planned. Use this time wisely and leave no stone unturned. You […]