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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 rent collection and lease obligation fulfillment, lease administration process can play a complex role in […]

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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 Features Here is the list of benefits that Yardi Voyager provides. Market Specific Solutions Yardi […]

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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 point of view. A reader can understand the salient features of a lease agreement by […]

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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 are also detrimental to the business. Property managers get so involved in hospitality that they […]

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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 who want to break into the real-estate sector, to familiarize themselves with these terms, concepts, […]

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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 have they resulted in deferring your decision to purchase an apartment because you found the […]

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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 industry is a big challenge. Not many property management companies survive in the long run. […]

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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 and green establishment, that complies with the requirements of the renters. Commercial Property Management – […]

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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 responsibilities as the owner of a property. Making sure that your accounting is in order […]

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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 is an alternative in which you can take advantage of the massive difference between the […]

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