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…
Decision: Whether to Hire a Property Management Firm You're likely deep into the decision process of whether to bring in a property management company to manage your workload, especially if you've been managing everything yourself. It's not that your current provider isn't managing the work okay, but with technology, regulation, more units, stronger market competition,…
How to Assess Rental Property Value We've discussed the rich investment potential of the rental market overall in the US. And rental housing markets in cities such as Honolulu, Los Angeles, Phoenix, Oakland, Chicago, Bay Area, San Francisco and Las Vegas are worth a good look. If you're considering buying some rental properties, or you're considering…
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