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The Basics of Cash Flow Management for Real Estate Investors

The Basics of Cash Flow Management for Real Estate Investors

Managing cash flow (Cash Flow Management) is the key to manage a business efficiently, and it’s the same for the real estate business. It is cash that helps you pay your bills for your real estate business to survive. But […]

  • July 26, 2021
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Helpful Tips for Real Estate Agents Who Need Professional Accounting Help

Helpful Tips for Real Estate Agents Who Need Professional Accounting Help

As a real estate agent, your goal is to help connect as many buyers and sellers of properties as you can to maximize your revenues. If you thought closing a sale was where your job ended, you are on the […]

  • July 21, 2021
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Top Accounting Mistakes in Real Estate Industry [Infographic]

Top Accounting Mistakes in Real Estate Industry [Infographic]

Real estate accounting is the backbone of the real estate industry. Real estate entities need to fully understand their current financial accounting, regulatory and compliance reporting requirements. This level of awareness helps in reducing the inherent risks of various transactions […]

  • October 15, 2020
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What You Should Know About the Triple Net Leases

What You Should Know About the Triple Net Leases

If you’re a landlord, you must be wondering what would be your best option when it comes to leases in order to optimize returns. It should have the least hassles when it comes to expenses and long-term steady flow of […]

  • September 25, 2020
  • admin@ohi
5 Steps to Successful Real Estate Accounting and Bookkeeping for Investing Startups

5 Steps to Successful Real Estate Accounting and Bookkeeping for Investing Startups

As a real estate manager, you are already aware of the altering aspects of the industry, which makes accounting a tedious task. Especially in this sector, you need to keep track of the myriad of state and national regulations and […]

  • September 8, 2020
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Best Accounting Practices For Real Estate Investors

Best Accounting Practices For Real Estate Investors

Investing is called the game of numbers and luck. With luck being out of one’s hand, knowing one’s numbers becomes the only possible factor that separates the good from the great. The numbers of any business lie in its balance […]

  • August 27, 2020
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Critical Commercial Lease Terms That You Should Know

Critical Commercial Lease Terms That You Should Know

Renting a commercial zone is a monumental duty as the chances of triumph or failure of your firm depends on the specified terms of the lease agreed upon by the corporate tenant. i.e. commercial lease terms. Before approaching a property […]

  • August 6, 2020
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What Should a Monthly Property Management Report Cover?

What Should a Monthly Property Management Report Cover?

Property owners expect a proper property management report to keep track of their assets. The property management company gives the owner a clear understanding of their asset using financial reports. Property management reports need to consider the scope and objectives […]

  • July 24, 2020
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Real Estate Budgeting – Creating Budgets for a Successful Real Estate Business

Real Estate Budgeting – Creating Budgets for a Successful Real Estate Business

You are focusing on your business and providing the best service possible to your clients and expanding your business, but are you successful? Your answer might be ‘yes’, of course, you are! But wait, having a great marketing strategy to […]

  • July 14, 2020
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Best Accounting Practices for Property Management Firms [Infographic]

Best Accounting Practices for Property Management Firms [Infographic]

Accounting itself seems a bit complex situation to handle for many businessmen. And when it comes to property management accounting, the property managers have to take care of land, rents, invoices etc. in a meticulous manner which makes it quite a […]

  • July 9, 2020
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Real Estate Outsourcing Accounting – Why and How?

Real Estate Outsourcing Accounting – Why and How?

To say that real estate outsourcing accounting is complicated would be an understatement. The large sums of money moving in and out while selling and investing in properties can be daunting. These numbers need to be handled efficiently and accurately […]

  • June 29, 2020
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Using a Lease Management/Lease Administration Software

Using a Lease Management/Lease Administration Software

If you’d ask any real-estate executive of a company, “how do you manage the lease portfolio of your organization?”, they are likely to offer you spreadsheets or other similar software as the answer. However, the increasing complexity of the lease […]

  • June 24, 2020
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Real Estate Outsourcing Risks and How to Avoid Them [Infographic]

Real Estate Outsourcing Risks and How to Avoid Them [Infographic]

Real Estate Outsourcing is soon catching business trends. Small and medium real estate businesses exclusively stand to benefit from the inherent advantages of outsourcing. One of the most inherent advantages of this practice is that a business tends to incur […]

  • June 6, 2020
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7 Property Management Tips for Landlords During COVID-19

7 Property Management Tips for Landlords During COVID-19

The global pandemic, COVID-19, has impacted every sphere of human dwelling. Under such challenging situations, where every state, country, or region is following its own set of regulations to fight and cope with the present scenario, even landlords and property […]

  • May 29, 2020
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6 Practical Reasons Why You Should Outsource HOA Accounting

6 Practical Reasons Why You Should Outsource HOA Accounting

If you manage a homeowners association and intend to cut costs, you should consider outsourcing accounting to a professional financial services firm. Outsource HOA accounting is an economical solution that can save your association a large sum of money in […]

  • May 25, 2020
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Understanding Homeowners Association Accounting – HOA Accounting

Understanding Homeowners Association Accounting – HOA Accounting

If you are a member on the board of an HOA, then HOA accounting becomes a financial obligation for you. You will need to take responsibility for the accuracy of the financial statements and reports of the association. HOA can […]

  • May 23, 2020
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Why Lease Abstract Services Are Important for Effective Data Management

Why Lease Abstract Services Are Important for Effective Data Management

Getting lease abstract services helps you to get relevant data from a lease document. This is usually signed by both the tenant as well as the landlord. Furthermore, these services have gotten enough recognition during the present time. The better […]

  • May 19, 2020
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CAM Audit: What is it and Why is it Important?

CAM Audit: What is it and Why is it Important?

A business premise plays a vital role in an organization’s market survival, making its maintenance and management a pivotal practice. No matter your business scale, a business owner is always burdened with an abundance of responsibilities. From monitoring business funds, […]

  • April 16, 2020
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Your Guide to Building an Effective Lease Administration Process

Your Guide to Building an Effective Lease Administration Process

Efficient lease administration process in any company aids the organization to achieve a scalable, streamlined and convenient processing of commercial real estate operations. It further helps in eliminating cost redundancy and unnecessary legal exposure. Unlike administration that merely deals with […]

  • March 24, 2020
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Yardi Voyager Features and Pricing

Yardi Voyager Features and Pricing

Yardi Voyager is a software that assists in the management of commercial and residential properties. It offers a vast array of benefits to the real estate industry and assists in the management of both commercial and residential properties. Yardi Voyager […]

  • March 23, 2020
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Understanding The Lease Abstraction Process

Understanding The Lease Abstraction Process

Lease abstraction process refers to the way in which the important or crucial points covered in a real estate lease agreement are summarized. A lease abstract summarizes the key aspects of a lease agreement from a legal, business, and financial […]

  • March 20, 2020
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Property Managers Role in Property Accounting

Property Managers Role in Property Accounting

Introduction Most managers these days put their customers above everything, going out of their way to provide services, and bailing them out from unfortunate situations and crisis. However, while these acts of generosity help them build goodwill and reputation, they […]

  • March 13, 2020
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The Top Real Estate Investing Terms and Definitions Every Residential Property Investor Needs to Know

The Top Real Estate Investing Terms and Definitions Every Residential Property Investor Needs to Know

When you’re starting out as a property investor, the plethora of real estate investing terms might sound like nothing more than a lot of incomprehensible jargon. These hard-to-pronounce terms can initially seem somewhat intimidating. However, it is essential for investors […]

  • March 12, 2020
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What is the Difference Between Condo Strata HOA and Co-Op Association?

What is the Difference Between Condo Strata HOA and Co-Op Association?

When you speak to a real estate broker before buying an apartment, you come across a lot of jargon which might sound confusing. Do the words Condo Strata HOA and Co-op associations sound familiar to you? If they are, then […]

  • March 6, 2020
  • admin@ohi
5 Reasons Why Property Management Companies Fail

5 Reasons Why Property Management Companies Fail

Introduction Despite being a huge industry, property management is highly fragmented, with major property management firms having only a handful of employees. Initially, getting into the business might be easy, but keeping up and achieving success in the property management […]

  • March 3, 2020
  • admin@ohi
5 Tips for Commercial Property Management

5 Tips for Commercial Property Management

The fundamental ideology of commercial property management is no longer the maintenance of a building in today’s mercurial and ever-advancing market. The meaning has broadened to include maintaining and effectively handling of business as-well. The building must offer an intellectual […]

  • February 28, 2020
  • admin@ohi
6 Residential Property Management Accounting Tips

6 Residential Property Management Accounting Tips

Do you want to make the most out of your property investment? If your answer is yes, then here is a guide to help you out. Getting a tenant, regular rentals and ensuring lower vacancies are only part of your […]

  • February 26, 2020
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Five Reasons Why Property Management Businesses Are Thriving

Five Reasons Why Property Management Businesses Are Thriving

Introduction With over 23 million landlords and over 113 million renters in the U.S. alone, the number keeps increasing every day. Not everyone has hundreds of thousands of dollars to invest in real estate and rent it out. However, there […]

  • February 24, 2020
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8 Stress-free Property Management Tips for Landlords

8 Stress-free Property Management Tips for Landlords

As the owner of a property, you must be aware of how important it is to ensure that your investment is managed well. If you don’t keep track of your cash flows or guarantee that you are legally protected as […]

  • February 21, 2020
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Services That a Property Management Company Provides

Services That a Property Management Company Provides

As the owner of a rental property, there are a lot of issues that need to be taken care of relating to the property. Starting from screening the tenant to maintaining the property, you have to look into every aspect […]

  • February 20, 2020
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Six Paramount Characteristics of a Money Making Rental Property

Six Paramount Characteristics of a Money Making Rental Property

Are you on the lookout to purchase a residential rental property? Such a decision needs to be executed being extremely scrupulous of honey potting deals that break bad once you have invested your hard-earned money into them. There are some […]

  • February 17, 2020
  • admin@ohi
8 Must-Have Numbers for Evaluating a Real Estate Investment

8 Must-Have Numbers for Evaluating a Real Estate Investment

Against what most math-allergic people might prefer, real estate investment requires a level of math. Thankfully, most of the calculations involved in a typical real estate investment are simple. Moreover, there are also a wide number of advanced tools available […]

  • February 12, 2020
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A Simple Rental Property Accounting System for Small Landlords

A Simple Rental Property Accounting System for Small Landlords

Wouldn’t it be a lot convenient to have a system that simplifies all your transactions? Imagine a rental property accounting system that helps you keep track of all your transactions all throughout the financial year. The system we will consider […]

  • January 22, 2020
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Choose the Best Way to Collect Your Rent (Rent Collection)

Choose the Best Way to Collect Your Rent (Rent Collection)

For those of you who are property owners or landlords, there is always one troublesome unanswered question – how do you make sure that you get your rent on time? The reason for this is very simple. The rent could […]

  • January 2, 2020
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US Real Estate Predictions: What You Should Expect in 2020

US Real Estate Predictions: What You Should Expect in 2020

We are just a few days away from 2020, and naturally, everyone is curious to understand how the real estate market in the US will turn up in the coming year. With the real estate industry taking up a considerable […]

  • December 26, 2019
  • admin@ohi
How your Business Can Benefit from a Lease Audit (Why Audit Your Leases)

How your Business Can Benefit from a Lease Audit (Why Audit Your Leases)

Commercial leasing of space can be a complicated business. However, every business needs to lease at least one, or usually more kinds of commercial spaces, be it office, retail or warehousing. In spite of being an inseverable part of any […]

  • December 3, 2019
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Reports Every Property Management Company Should Provide

Reports Every Property Management Company Should Provide

How’s my property doing? That the most important question that every property owner needs answers to. From day-to-day issues, financial performance, occupancy rates, marketing strategies to regular maintenance – you need information on every aspect. Sounds scary? Well, you don’t […]

  • November 25, 2019
  • admin@ohi
HUD Multifamily Housing Programs

HUD Multifamily Housing Programs

With real estate prices escalating day by day, affordable housing and quality housing is hard to come by. The U.S. Department of Housing and Urban Development or HUD launched the multifamily subsidized housing to ensure that the low to middle […]

  • October 14, 2019
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A Deep Dive into Yardi Breeze

A Deep Dive into Yardi Breeze

Yardi Breeze is a modern age property accounting and management software. Managing real estate portfolios can be a rather tedious and complicated task, but thanks to the IT geniuses at Yardi Breeze, we have managed to integrate an amazing piece […]

  • October 4, 2019
  • admin@ohi
Understanding Lease Abstracts- Real Estate Abstract

Understanding Lease Abstracts- Real Estate Abstract

What is a Real Estate Abstract? In the commercial world, a real estate lease is amongst the most important documents. Although not everyone is equipped to understand the legal terminologies, this further necessitates the use of lease abstract. It is […]

  • August 27, 2019
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Popular Real Estate Software

Popular Real Estate Software

With increasing globalization, the real estate industry is rapidly crossing borders and has thus become a global industry. The real estate agents and property managers of today handle much larger portfolios than they used to. This has created a demand […]

  • July 29, 2019
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Real Estate Accountant Job Description, Duties and Requirements [Infographic]

Real Estate Accountant Job Description, Duties and Requirements [Infographic]

Real estate accounting or real estate property accounting requires strong acumen to process, track, and record the day to day transactions due to revenue recognition being more complex when compared to any other business. Hence, it requires a duly qualified […]

  • July 17, 2019
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Get the Most out of Your Real Estate Investment

Get the Most out of Your Real Estate Investment

Before you step into the real estate domain and want to find out if you’re getting the best bang for your buck, you need to understand where the market is headed in 2019. According to the US Housing market forecast […]

  • February 12, 2019
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A Glossary of Common Lease Terms

A Glossary of Common Lease Terms

Understanding lease words and terms help you fully comprehend your lease agreement. Below are some commonly used words and terms in lease agreements and their definitions: Common Lease Terms Base Rent The minimum rent payable by a tenant excluding all […]

  • February 6, 2019
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The Smart Real Estate Moves for 2019

The Smart Real Estate Moves for 2019

If you are a prospective or an existing investor in real estate, then you need to understand the evolving trends in the supply chain management as well as residential housing requirements. The age-old trends like homes with backyards as well […]

  • December 18, 2018
  • admin@ohi
A Simple Guide to Understanding Rent Concessions

A Simple Guide to Understanding Rent Concessions

Investing in rental property is usually considered to be the most preferable investment strategy for multifamily investors. Not only does it provide them with an additional source of regular income but it also results in a steady appreciation of their […]

  • November 28, 2018
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Learn all About Rental Property Accounting

Learn all About Rental Property Accounting

We understand that a real estate investor is burdened with loads of work which includes managing one or more properties, their maintenance, finding reliable tenants, and ensuring the overall profitability of the business. With all these responsibilities real estate accounting […]

  • November 19, 2018
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What Should You do to Improve Asset Management for Your Rental Property Portfolio?

What Should You do to Improve Asset Management for Your Rental Property Portfolio?

Managing property especially when you have a rental asset can be quite daunting. It involves scheduling, strategizing and regular visits to the site to check on proper asset management. Rental properties if managed properly generate a steady income. However, just […]

  • November 12, 2018
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Tips for Dealing with Difficult Renters

Tips for Dealing with Difficult Renters

Owning a property and acquiring the title “landlord” can be quite satisfying as there are numerous financial benefits associated with a property. In fact, rental properties are some of the most significant investments. However, with profits come hurdles. Even the […]

  • October 23, 2018
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Monthly Property Management Reports?

Monthly Property Management Reports?

What is Property Management? Management in any business is the process of monitoring, accounting and supervising a certain aspect of that business. Property management is no different. It is the sum total of all the processes, systems, manpower and infrastructure […]

  • October 16, 2018
  • admin@ohi
Hiring a Property Management Company

Hiring a Property Management Company

Owners with numerous properties and rental units are often stumped with the burden of managing incomes from them. It becomes a time-consuming and a daunting task to handle the various aspects of property management like handling rental incomes, owner’s funds […]

  • October 4, 2018
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Accrual Accounting- The Perfect Way of Managing Multifamily Accounting

Accrual Accounting- The Perfect Way of Managing Multifamily Accounting

A businesses accounting method certainly impacts its investment strategy. The right accounting strategy can benefit the business greatly by helping to depict the actual financial condition. Which in turn aids in making insightful business decisions with clearly-devised business strategies. When […]

  • September 27, 2018
  • admin@ohi
All You Need to Know About the New Commercial Lease Accounting Rules!

All You Need to Know About the New Commercial Lease Accounting Rules!

Leasing is important to businesses as it enables access to assets, aids in getting the requisite financing along with reduction of risks that go with the ownership of assets. The new commercial lease accounting rules have been formulated to create […]

  • September 25, 2018
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Get to Know About Record Keeping for Landlords!

Get to Know About Record Keeping for Landlords!

Owning a property can be a great way to earn a regular monthly income. For a landlord, expanding property ownership to a number of locations can increase his monthly income manifold. However, landlords need to keep records of documents, bills, […]

  • September 21, 2018
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Section 8 – Affordable Housing for Low-Income Household

Section 8 – Affordable Housing for Low-Income Household

Section 8 or Housing Choice Vouchers Program arranges for affordable housing for low-income citizens of the U.S., including the disabled and the elderly. The assistance comes in the form of subsidized monthly rental fee in any apartment located in the […]

  • August 16, 2018
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Key Real Estate Financial Ratios

Key Real Estate Financial Ratios

Though quite lucrative, real estate investments require prior planning and a thorough understanding of the real estate financial ratios. The ratios are used to analyze investments and determine their rate of return, cash flow, and profitability. Key Ratios to Evaluate […]

  • August 9, 2018
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AppFolio Property Management Software Review

AppFolio Property Management Software Review

There are a number of property accounting software available in the market each with their own merits and demerits. Among all, we found that AppFolio Property Manager definitely has an edge when it comes to the following: – Functionality The […]

  • July 31, 2018
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Integrating Multifamily Accounting to Cope with the Projected Growth

Integrating Multifamily Accounting to Cope with the Projected Growth

In recent years, multiple apartments have been built, holding millions of residents. As a result, there has been a marked escalation in the growth of units. The current growth of portfolios are already impacting the accounting systems, and the future will […]

  • July 26, 2018
  • admin@ohi
Making the Most of your Maintenance Team

Making the Most of your Maintenance Team

Property management maintenance involves ensuring proper functionality of the equipment fitted across the property so as to be useful to the end-user for a longer period of time. The responsibility for this is delegated to the maintenance team. The maintenance […]

  • July 24, 2018
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Seven Advantages of Cloud Computing in Real Estate

Seven Advantages of Cloud Computing in Real Estate

Cloud Computing has been revolutionizing every industry, and the real estate sector is no exception. Cloud services can be used for marketing, property management and customer relationship management. By storing all the customer data in the cloud, it can be […]

  • July 3, 2018
  • admin@ohi
What Should a Good Real Estate Dashboard Cover?

What Should a Good Real Estate Dashboard Cover?

With an overall increase of 6.5 percent in U.S. housing stock in 2017 alone, the last couple of years have been robust for real estate market of USA. Keeping up with the trend, real estate developers and firms are leaving […]

  • June 12, 2018
  • admin@ohi
Yardi Systems – An Overview

Yardi Systems – An Overview

Yardi Systems is a leading provider of high-performance software solutions for real estate sector essentially in real estate accounting and property management accounting/property accounting. Yardi Products – Types Yardi’s Systems Inc has grown as a Multinational Corporation in the field […]

  • June 8, 2018
  • admin@ohi
What is a Rent Roll?

What is a Rent Roll?

Buying a real estate property and putting it up for rent is a great source of income these days. The property owners either put their asset on rent for a residential or commercial purpose. Obviously, the target is to get […]

  • May 24, 2018
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An Introduction to HUD Programs for Multifamily Housing

An Introduction to HUD Programs for Multifamily Housing

The U.S. Department of Housing and Urban Development (HUD) is a government agency, established in 1965 to support the development of communities and ownership of a home. Through its housing programs, HUD provides affordable opportunities for home ownership, increases rental […]

  • May 18, 2018
  • admin@ohi
Job Duties and Educational Requirements of a Property Accountant [Infographic]

Job Duties and Educational Requirements of a Property Accountant [Infographic]

People find accounting to be a really stressful job. Guess what? It really is! Accounting has to be done carefully – be it property accounting or accounting for a business firm, even if it seems like a mundane task. A […]

  • May 15, 2018
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Job Duties of an Assistant Controller in a Real Estate Firm

Job Duties of an Assistant Controller in a Real Estate Firm

The main responsibility of an assistant controller appointed in the finance department of a real estate firm is helping the controller with various accounting tasks. They work under the supervision of a financial controller and should possess a set of […]

  • May 10, 2018
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Job Duties and Educational Requirements of a Senior Property Accountant

Job Duties and Educational Requirements of a Senior Property Accountant

You need a property accountant in the finance department if you are working in real estate sector. When it comes to a senior property accountant, they need to have significant experience and formal education as they have to take care […]

  • May 7, 2018
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Tips and Tricks to Make Your Accounting Less Stressful

Tips and Tricks to Make Your Accounting Less Stressful

Accounting for real estate business is altogether different than accounting for any other business because it requires complicated entries in the accounting ledgers. It is simply not a convolution of credit and debit transactions but perhaps more than that. In […]

  • April 13, 2018
  • admin@ohi
Should Real Estate Firms Outsource Their Accounting

Should Real Estate Firms Outsource Their Accounting

Real Estate Accounting embraces or covers the accounting rules for any kind of real estate transactions that can be used to structure real estate deals appropriately. Real estate firms need to fully understand their current financial accounting, regulatory and compliance […]

  • April 2, 2018
  • admin@ohi
The Right Software for Real Estate Budgeting Process

The Right Software for Real Estate Budgeting Process

Handling real estate accounting across the spectrum is a demanding task, so it’s no surprise that real estate budgeting can also get quite complicated. Whether it’s asset management or corporate functions, the inner workings of a real estate company throw […]

  • March 23, 2018
  • admin@ohi
Top 6 Tips for CAM Reconciliation

Top 6 Tips for CAM Reconciliation

Common Area Maintenance (CAM) reconciliations can prove to be nerve-straining for you as property owner or manager if done erratically. We know how real estate accounting can turn out to be a tricky task if not religiously done on time. To […]

  • March 20, 2018
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1099 MISC Tax Requirements for Property Managers

1099 MISC Tax Requirements for Property Managers

Property Managers are required to report rents collected on behalf of their property owners as part of their rental property accounting and therefore the natural question that arises is the need for the filing of form 1099 MISC for their […]

  • March 14, 2018
  • admin@ohi
5 Tips for Commercial Lease Abstraction

5 Tips for Commercial Lease Abstraction

Commercial leases have to capture every possible detail. They tend to get too long with boring and lifeless legalese, but each of those clauses are important. However, company’s senior management can’t spend too much time reading/scrutinizing them. This is a […]

  • February 21, 2018
  • admin@ohi
6 Financial Reports (Real Estate Reports) Your Property Manager Should Provide

6 Financial Reports (Real Estate Reports) Your Property Manager Should Provide

Financial Reports/Real Estate Reports are also known as Financial Statements and can be defined as the formal record of the financial activities of a business entity or firm or of an individual involved in carrying out different types of business […]

  • February 13, 2018
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Bookkeeping Basics for Successful Property Accounting

Bookkeeping Basics for Successful Property Accounting

The base of your solid property accounting business depends mainly upon two major factors namely, your property management bookkeeping practices as well as the growth of your workforce. In a regular business routine, borrowing money and/or assets are a part […]

  • February 9, 2018
  • admin@ohi
Choosing the Right Type of Dashboard for Your Business

Choosing the Right Type of Dashboard for Your Business

Every real-estate project has a multitude of aspects and it can all get out of your hands quickly. For example, a real estate company can deploy a dashboard to display the daily progress of all of its under-construction projects. Any […]

  • January 29, 2018
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5 Characteristics of a Highly Effective Business Dashboard

5 Characteristics of a Highly Effective Business Dashboard

A highly effective business dashboard keeps track of key performance indicators with business intelligence features. Real estate dashboards are highly efficient and contribute to better business outcomes. These dashboards also deliver ease in work execution for internal employees as well […]

  • January 23, 2018
  • admin@ohi
Top 5 Benefits of a Business Dashboard

Top 5 Benefits of a Business Dashboard

Business intelligence dashboard is used to keep track of KPIs, key data points, and much more. Dashboard reporting offers a quick glance at the current performance of the particular task. Well defined dashboards are perfect to manage big data. Dashboards […]

  • January 19, 2018
  • admin@ohi
A Review of the best Real Estate Accounting Software for 2017

A Review of the best Real Estate Accounting Software for 2017

Being a real estate property manager, there are a number of things for you to perform on a daily basis. You need to perform rent or lease collection, perform rental units’ maintenance and manage incidental expenses occurring over time. These […]

  • January 16, 2018
  • admin@ohi
Best Accounting Practices for a Real Estate Company

Best Accounting Practices for a Real Estate Company

Accounting Practices – What they mean Accounting practices can be defined as financial activities of organizations or companies recorded on a daily basis. In case of real estate firm, real estate accounting practices involve the implementation of accounting policies concerned […]

  • January 9, 2018
  • admin@ohi
Real Estate Accounting with QuickBooks

Real Estate Accounting with QuickBooks

Running a real estate is no cakewalk. There are a number of challenges that a real estate enterprise has to face from time to time whether in managing clients or handling rents, a real estate agent has to keep himself […]

  • January 5, 2018
  • admin@ohi
Common Tenant Complaints and How to Handle Them

Common Tenant Complaints and How to Handle Them

Are you working in a property management service? It is certainly a tough job since it is your responsibility to solve all tenant complaints regarding the house. Handling tenant complaints in a right way are important since it helps you […]

  • January 2, 2018
  • admin@ohi
Benefits of Using a Property Management Company?

Benefits of Using a Property Management Company?

Renting out a property is helpful in earning money on your property. It is also beneficial when it comes to the maintenance and safety of the place. It is only when you face legal issues, tenant problems, etc., that you […]

  • December 20, 2017
  • admin@ohi
How to Prepare for Move In Move Out

How to Prepare for Move In Move Out

There are numerous pointers to take care of while moving out or into a new property. The sheer stress involved in the process might make you miss out on important checks. Hence, it is always advisable to get some external […]

  • December 18, 2017
  • admin@ohi
When and How to Outsource Real Estate Accounting for Your Firm?

When and How to Outsource Real Estate Accounting for Your Firm?

Real Estate Accounting – Why Outsourcing In the present business scenario, cost-cutting is being given due emphasis by companies or firms globally. Real estate industry not an exception in this regard. Real estate accounting as such is a specialized task […]

  • December 6, 2017
  • admin@ohi
Real Estate Accounting Outsourcing Services

Real Estate Accounting Outsourcing Services

As an industry sector, the real estate is greatly exposed to market fluctuations. Therefore, it is vital for companies working within the industry to maintain a high level of productivity while also look for a better cost efficient solution. Outsourcing […]

  • June 6, 2017
  • admin@ohi
Real Estate Bookkeeping Outsourcing Services

Real Estate Bookkeeping Outsourcing Services

Given the current circumstances, a lot of emphasis is given to cost cutting in the business world. The real estate industry is no exception, given the competitiveness of the industry it is important for real estate businesses to cut cost […]

  • March 24, 2017
  • admin@ohi
Work Order Management

Work Order Management

What is Work order Management? In a nutshell, work order management is all about keeping track of all the work orders received and people managing it, the processes and maintenance technicians working on it. The maintenance work order software increases […]

  • March 17, 2017
  • admin@ohi
Property Management Accounting Outsourcing Services

Property Management Accounting Outsourcing Services

Accounting outsourcing is not new and over the years businesses have realized the importance of outsourcing. Outsourcing provides a cost effective solution and saves time and resources – the major assets any property management company can have, whether you are […]

  • February 10, 2017
  • admin@ohi
Summary Note on 1031 Exchanges

Summary Note on 1031 Exchanges

Introduction to 1031 Exchanges Section 1031 of IRS code is the basis for tax-deferred exchanges, therefore it has been abbreviated as “1031 Exchanges”. Taxpayers who want to reinvest from sale of property never have to pay income taxes if they […]

  • December 21, 2016
  • admin@ohi
A Comparison of the best Commercial Property Management Software’s

A Comparison of the best Commercial Property Management Software’s

Commercial property management requirements are different from residential properties whether it is office space, retail or industrial. Good commercial software should be able to create detailed financial projections and budgets, to auto calculate rent increases, to create recurring charges, to […]

  • December 21, 2016
  • admin@ohi
Property Management Accounting Software: The Benefits

Property Management Accounting Software: The Benefits

There has been a significant rise in the use of several web-based property management software customized to suit specific business needs of the industry. This allows business owners and employees a number of features that the more generic accounting systems […]

  • July 30, 2015
  • admin@ohi
The Pros: Property Management Accounting

The Pros: Property Management Accounting

While many associate salesmanship, marketing, industry knowledge and good communication skills with property management, accounting is the last thing that comes to mind. However, property management accounting is a significant part of the day to day running of a property […]

  • April 16, 2015
  • admin@ohi
Real Estate Accounting: An Overview

Real Estate Accounting: An Overview

Real estate development is a risky business. Conceiving the plan for the project, calculating variables, closing the deals and managing stakeholders and clientele are all resource intensive and time consuming aspects of this business and this only covers the day […]

  • March 26, 2015
  • admin@ohi