Improper tracking of rental income means you cannot easily determine who paid for what and when. This tracking is critical in a real estate investment. Tracking your income starts with creating Income Items and Invoicing correctly.
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?
Common area maintenance otherwise known as CAM reconciliation is an essential part of managing commercial real estate.
Coming from a year where the United States’ unemployment rate peaked at 14.7% in April, businesses are having trouble staying afloat. And, many real estate owners are having trouble filling vacant commercial units.
Energy efficiency isn’t just a trend! Neither are green leases.
Common area maintenance charges (usually abbreviated to CAM) are often a part of a commercial lease.
Establishing and maintaining good working relationships with your commercial tenants is important to your long-term success as an owner/landlord.
What Are Land Leases? In most cases, properties are bought and sold with buildings and the land included together.
We recently had the opportunity to sit down with Vince McGlone, CEO of Tenant Calls, a virtual assistant company for landlords and property managers.
Cleaning after a tenant moves out is an essential part of property management. But it’s now more important than ever because of the COVID-19 pandemic.