Protecting community finances key assets such as bank accounts and reserve accounts is one of the board’s top jobs. Your association’s financial soundness affects every member of the community through the ability to pay for services, maintain your property and overall unit values. This article will provide an overview of several financial best practices and the latest technologies that help communities follow them.
Brokerage for Business Owners
Lease review, ways to save in your lease, lease renewal negotiation, market survey to find best rent options.
Brokerage for Building Owners
Strategies to fill vacancies faster, find extra money in leases, determine fair market value rents.
Property Management
COMMERCIAL & COMMUNITY PROPERTIES – Responsive, proactive management, properly pass through utility and operating expenses, reduce delinquencies and increase net income, financial reports to stay on budget, build a reserve fund, maintenance tracking and capital improvements.
Outsourced Real Estate Accounting
Rent collection, bill payment and financial reporting systems, save money on this activity, fast online visibility of financial information, automate back office tasks.
About Me
Russell Munz graduated Cornell University where he studied real estate, property management and business management. As an Army Captain, he learned how the military uses forms and checklists to standardize procedures for consistent results. Resources from both of these experiences benefit his clients.
View My Profile
15. October 2012
Comments Off on Financial Best Practices and Transparency