A property’s cash flow report is only as reliable as the transactions behind it. General ledger (GL) accounts sort money coming in and going out into categories, such as rent income, electricity, water, cable, supplies, and flooring...
When reviewing an investment property, investors are usually given a packet prepared by the listing broker. It may include the cash flow, rent roll, contracts, lease expirations, and other important documents. Those are all worth reviewing—but...
I began my career working for a man in the property management industry for whom I have the utmost respect. He gave me a chance, and in return, I discovered something I truly love. I often say that I eat, breathe, and sleep property management. There...