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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 efficient gains from a healthy and long-lasting competitive advantage. Right from outsourcing accounting to marketing […]

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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 owners are trying to figure out the best path forward for them. Irrespective of whether […]

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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 the long run. Regardless of your HOA being self-managed, outsourcing your association’s finances to financial […]

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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 be managed by a company, or be self-managed. How to Analyze HOA Financial Reports? As […]

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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 these services, the more efficient your data management will be. Now, let’s understand the basic […]

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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, managing revenue to controlling the expenses, a business owner always has his hands full. As […]

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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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