Buying a property is a significant commitment of time and financial resources. That’s why a property title search is important.
As a commercial real estate owner, you are likely familiar with the process of filling out a personal financial statement (PFS).
The big question is does business credit matter when investing in commercial real estate.
Exactly how do you run a rent roll in QuickBooks? Well, the answer is pretty simple. You don’t. But, we have a great solution for you! Keep reading…
You’ve probably heard that investing in Commercial Real Estate (“CRE”) can be lucrative, and you are right. It can be even more lucrative if you are able to identify and purchase commercial real estate at foreclosure prices.
Let’s begin with the definition of a tenant estoppel. In the commercial real estate world, these are common. It is a certificate or a letter that may be required during the due diligence phase or the underwriting process.
Trying to run a real estate business without proper cash flow management is like being blindfolded in a maze: you may eventually figure out where you’re going, but you’ll be stumbling around and making mistakes before you get there.
Debt is often the best way, and sometimes the only way, to finance your business as you acquire more properties.
With the current toll on the global economy, a widespread recession seems inevitable at this point. With that comes the immediate need to cut costs.
If real estate businesses don’t automate, they’re going to fall behind. Now more than ever teams must streamline. Automation is one way to do that.