Russell Munz

What are the benefits of outsourcing day to day real estate accounting?

Outsourcing is taking a business function and having a sub contractor do it better and for less money. We all outsource, for example most of us outsource payroll processing. If your real estate operation could save 20% annually and reduce time spent managing an activity, you should investigate outsourcing.

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Outsource Day-to-Day Accounting Tasks

Self-Managed Community Support or Lower Cost Option to Full Management.

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Answer 9 questions to increase your cash flow

“As tenants’ sales revenue drop, rent payment begins to deteriorate. It is at this point when your collection process and accounting information systems will show its deficiencies.

First you have to determine if your tenant has a viable business that will survive and if so do you need to provide immediate concessions such as deferring rent. But, for the majority of tenants they may just require additional communication to help reduce your delinquencies.”

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