Heritage Square LLC, 1700 Post Road, Fairfield, CT, was losing money in their 32-tenant commercial shopping center. In 2000 the landlord ended up paying $7,728 of the tenant’s unbilled electric consumption. The bill was $32,199 but the tenants’ billing per their contracts only paid $24,471.
Continue reading...20. September 2009
Comments Off on Seminars focus on getting lower rents in tough times
I was quoted in an article in the Fairfield County Business Journal in March 2009.
Continue reading...19. September 2009
Comments Off on Tenants urged to work with landlords
I was quoted in an article in the The Stamford Advocate in March 2009. Read the article
Continue reading...18. September 2009
Comments Off on 10 Keys to Building TRUST
In order to have a good relationship in all aspects of life, personal and business, both parties have to trust the other. When communities seek out a new manager it is due to a breakdown in trust with the previous manager. A telltale sign that trust is damaged is if a board is micro-managing their manager.
Continue reading...17. September 2009
Comments Off on 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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20. September 2009
Comments Off on Low Rents & Unpaid Utilities