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What Does it take to be a Real Estate Accountant? Job Description, Duties and Requirements

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 real estate accountant to record, analyze, and report the real estate accounting transactions. Qualifications Required […]

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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 2019/2020 as well as an opinion from the National Association of Realtors (NAR), Zillow and […]

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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 here works wonders for small landlords. It will allow you to scale your business without […]

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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 other charges and dues. Breakpoint The gross sales amount point after which a tenant is […]

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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 as industrial spaces are making a comeback. We try and understand the impact of these […]

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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 portfolio’s value. However, before venturing into the housing market, multifamily investors must be made aware […]

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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 or bookkeeping tends to take a back seat. However, accounting for all the financial transactions […]

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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 like any other portfolio, it also asks for regular nurturing of the investment. Therefore, asset […]

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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 savviest landlords have one or two encounters with terrible renters— every property owner’s worst nightmare! […]

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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 that is required to maintain a property throughout its lifecycle. These activities may involve managing […]

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