Categories
Property Management

10 Ways to Prepare for an Outgoings Audit in Commercial Property Investment

An outgoings audit should be an important part of your property management and leasing services. As part of the audit, you can understand the efficiencies of the property when it comes to occupational expenses. That will then help you with attracting new tenants to the property and retaining current tenants in the mix. Any leasing […]

Categories
Property Management

A Quick Guide to Creating a Commercial Property Management Building Budget

The object of a budget in a commercial or retail building is to track and control income and expenditure.  Every month and quarter through the year the budget can be compared to actual money earned in rent and spent in outgoings.  Adjustments are then made to ensure that the landlord doesn’t experience any unknown financial […]

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