How to Make Accounting Pain-Free

November 25, 2022

Remove the Pain of Accounting Easily There are more than a few business owners who feel burdened by the demands of handling and recording invoices, receipts, taxes, tax forms, payments, and security deposits. Even for those gifted in administration and bookkeeping, accounting can be a soul-sucking drain on time and energy. Some landlords hear the…

  • Property Accounting Software

    August 18, 2022

    Accounting Software for Property Management Pros Bookkeeping and accounting are two of the most important daily tasks in landlords and property manager's workday. Managing client and tenants money requires responsibility, care, and accuracy. Poor accounting leaves rental property managers, landlords and investors vulnerable to tax losses, trouble with the IRS, certification losses, law suits, extra…

  • How to Run a More Profitable Property Management Company

    February 08, 2022

    Optimize Property Management Being good at property management doesn't necessarily mean you'll be adept at running a property management company. It requires significant talent and good tools. And the property management challenges that one manager believes are important aren't considered critical to others who have planned well and dealt with them already. Each manager is…

  • Profit & Loss Statement: A Must-Read Financial Document

    October 02, 2021

    Property Management Financial Statements Monitoring property financial performance and examining the financial statements is one of the most essential tasks for a property manager. Your portfolio's financial performance should be reviewed on a monthly basis by the asset manager, director of property management, regional manager, and property manager.  When reviewing financial documents, the Profit and Loss…

  • Owner Reports for Landlords or Property Managers

    October 01, 2021

    Property Management and the Owner's Statement Property management is all about serving property owners (and keeping tenants happy). And yet, property owners don't always appreciate what you do, how you manage costs, and keep your buildings, condos, and other properties well maintained. The owner's statement is a concise way to help you maintain accurate accounts…

  • New CDC Eviction Ban and the State of the Rental Sector

    April 12, 2021

    Small Landlords Pressured to Sell Properties The Covid 19 pandemic stretches on through 2021 and it's still creating a lot of pain for small to mid sized business landlords. The government is responding with some aid, but the relief is for renters, not so much for small business landlords. The US government issued new orders…

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