You are now the new manager of a property. You send a letter to the new tenant giving your contact information - but that's not enough. It's a common mistake and you could run into problems if that's all you do. This episode, featuring attorney Harry Heist, looks at the action items to take and remember, "verbal is not enough." Be sure to consult with your own attorney on any legal questions, as laws vary from state to state.
Join us for this live Q&A with Trevor, Todd and Matthew who will talk about NARPM® Accounting Standards. The NARPM® Accounting Standards (NAS) is an initiative designed to assist NARPM® in elevating the property management industry by collectively establishing an acceptable standard of accounting practices. Specifically, the goal of the NAS is to create and endorse a set of accounting standards that will provide uniformity around financial practices and reporting.
- Data and Performance Metrics – Your company vs. other similar companies
- Revenue vs Expenses – “I really knew where my revenue was coming from after switching to NAS – Hint: It wasn’t management fees!”
- Moving from QuickBooks Desktop to QuickBooks Online
- Choosing your approach: Working with ProfitCoach vs. Do It Yourself
What are some great tips for managing your time better? How do you set goals and bonuses for your staff? This webinar, hosted by The Property Management Coach Kathleen Richards, answers these questions and more in an interactive session with property managers from around the country. What are typical goals and how is performance measured? What about setting up typical pay structures? Do you use Quickbooks and if so, how do you manage the options? What about tips on taking yourself out of the day-to-day management of your office? Kathleen is a wealth of information on these topics and more in this 54-minute presentation.