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Property Mgmt News
Mon, 06 Feb 2012 10:53:27 -0600
Feb 06, 2012 09:53AM
Are Increased Fees Coming From the Management Company or Inefficient Practices?
Associations often deal with resident inquiries involving the need for high assessment costs. In most instances, the vast amount of fees stem from inefficiencies in the processes used to maintain the community, rather than the management business. An insufficient property manager or company could also wreak havoc on the financial portion of board responsibilities.
Feb 03, 2012 04:56PM
Things to Look at With Leases in Commercial Property Management
When a commercial property manager completely understands the leasing process and the associated leasing documentation, they are of high value to the landlords that they act for. The property manager therefore understands the ways to enhance the leasing and rental profile for the property given the prevailing market conditions including tenant enquiry and market rental. Here are some ideas to assist commercial property managers in lease interpretation.
Feb 03, 2012 04:34PM
Google+ Hangout - The Future of HOA Board Meetings?
Anyone that has ever lived in a HOA or Condo Association community knows that the feeling of being persuaded by a neighbor to volunteer for the board of directors for their community. Most people are scared to death to add any additional responsibility or obligation to their already jam packed schedule. They are worried about attending long meetings usually in the evening after an already exhausting workday. Google+ Hangout video conferencing tool may just make attending those long meetings a little bit easier...
Feb 03, 2012 03:11PM
Retail Centre Managers - Importance of Getting Your Retail Tenant Mix Right
When it comes to retail property performance, or the tenancy mix and the choice of tenants will be foundational on the property income and overall success. This is where the right decisions need to be made by the property manager on behalf of the landlord. Here are some ideas to assist commercial property managers.
Feb 03, 2012 03:10PM
Commercial and Retail Property Managers - Budgeting Processes for Better Property Performance
When it comes to managing a quality or large commercial or retail property, you will need to create a comprehensive income and expenditure budget. This will help you to track the opportunity and changes for the property over the coming 12 months. It is common for these budgets to be reviewed quarterly so that they remain accurate for the period of 12 months. Here are some ideas to assist your commercial or retail property budgeting process.
Feb 03, 2012 03:08PM
Property Managers - Invest in Good Commercial Tenants at Lease Negotiation Time
When it comes to the leasing of premises, the tenancies that you choose to fill the vacancy will be foundational on the end result property performance. Each and every lease negotiation should be optimised for the landlords targets and property holding requirements. Here are some tips for commercial property managers and leasing managers to assist with the leasing process.
Feb 03, 2012 03:08PM
Reporting Procedures in Commercial Property Management
When it comes to commercial and retail property management, it is critical to understand the reporting requirements for each and every landlord that you act for. Detailed monthly reports together with budgeting processes are today more common than ever before. This says that the property manager should be prepared to create at each month end a comprehensive report that explains the property performance to the landlord.
Feb 03, 2012 02:23PM
HOA Management Companies Supply Knowledgeable Assistance to Overextended Volunteers
New HOA's frequently have the misconception that administration is the sole responsibility of the elected board. While self-management is ideal for the early beginnings of a neighborhood, increased responsibilities lead to insufficient maintenance, financial problems, or other avoidable conflicts. Specialized companies can step in at this point and provide the assistance necessary to maintain or improve neighborhood quality.
Feb 03, 2012 07:44AM
Top 10 Worst Property Management Mistakes
Here is my top ten list of property management mistakes. If a number of these mistakes is occurring with your assets it is probably time to look for new management, first to stop the damage, and second to remedy the potential of on-going issues and the exposure they present. Suffice to say these are all... bad.
Feb 02, 2012 02:28PM
Real Estate the Monetary Aspect of Livelihood
In the world of estate investments, investment companies are a medium by which people invest their money without the huge time and commitment of being a landlord. These companies are also called REIT's a tax designation for a corporate entity investing in properties.
Feb 02, 2012 08:41AM
Practical Tips for Laying Vinyl Flooring
Have you ever wanted to upgrade your bathroom and kitchen? A quick and simple way of changing a room is to change the floor. In this article I will explain how to remove any existing floor and fit your new vinyl.
Feb 01, 2012 02:45PM
Marketing Methods in Retail Shopping Centre Management
A successful shopping centre is one that has been optimised in both income and expenditure. These things will not happen without a good tenancy mix and customer sales. The marketing of the property will be fundamental to strengthening the property performance process. Here are some marketing ideas to help you as the retail centre manager.
Feb 01, 2012 02:45PM
Shopping Centre Operating Costs
When you manage and lease a shopping centre, the operational costs will be critical to the net income you achieve each year and the optimisation of the tenancy mix. To control these factors you need some careful planning plus information from the market of other retail properties of similar type. Here are some ideas to help Retail Centre Managers.
Feb 01, 2012 07:52AM
Shopping Centre Marketing Tips
A shopping centre is a special property that requires a specific marketing campaign. The tenants and landlords should cooperate on a specific marketing approach to encourage sales and more customers to the property. Here are some tips to help with that.
Feb 01, 2012 07:51AM
Things You Must Do in Marketing a Shopping Centre Today
To market a shopping centre well, you can do a number of things to build a better market share and sales profile for the tenant mix. Here are some ideas for shopping centre or marketing managers.
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Time to Check Public Records
This is a great time of year to use public records in skiptracing your debtor. Too often overlooked, free resources are voter registration and assessor records.
First, as hotly contested as presidential elections are in recent history, voter turnout has increased and people want to be a part of the process. When they do, in order to vote in the proper precinct, they must register their physical address with the County Clerk or similar office. The registration is public record. Some election officials have this information online. If not, call their office and just ask.
Another good public record source is the personal property records held by the county assessor. If your target still is not on their feet financially, they may wait until the last half of the year (when they have to purchase their vehicle license) to pay their personal property taxes. Now, if you are nearby, you also can confirm the address with a drive-by because you know their vehicle.
While you are checking assessor records, it does not hurt to do a real property search as well. Then, if you get a judgment against them, it also makes a great lien.
“How Did You Find Me?”
We have heard that question more than once. I always chuckle when someone asks how I found them. To me, that sounds like they were trying to avoid being found.
One of my regular routines is check the court dockets from the courthouse. Fortunately, I still have a pretty good memory. I may not remember some personal things, but when I see the name of someone whom I have served a summons or who owes money, the red flag goes up. As a result, I check court dockets for "tomorrow" to see if any of my "friends" are scheduled to be in court. The reason I scan the next business day's docket is to avoid a scheduling conflict. This gives me 24 hours notice to prepare my trip to courthouse to politely talk to the judgment debtor in private.
WWYCAD: What Would YOUR Collection Agency Do?
Are you happy with your collection agency? Do they just acquire your accounts, enter them in a database and put them in a queue for some college kid to call the debtors to the point of harassment in hopes they will decide to make a payment…for now?
That is not what we do at Missouri Judgment Collections.
We have found that a small minority of debtors will step forward to make payments. They have that opportunity when we send out the initial letter to advise them we now have their judgment, what they owe, and that we fully intend on levying any assets we find.
After that letter, we immediately pursue finding assets. If the traditional collection agencies think constant phone calls are productive, they can waste their time with that. We will spend our time legally levying on assets without the help of the debtor.
I’ll Gladly Pay You Tomorrow for a Hamburger Today!
Remember the Popeye cartoons when Wimpy never had any money in his pocket and he was always to willing to go in to debt to fill his stomach. Many of our judgment debtors may not have any assets today, but three months from now, six months or more, they may be in a better financial position.
Recently, I did a banking search on one of my judgment debtors. Bingo, there was a bank query in July 2008. When I pulled his file, I noticed I had previously checked for a bank query five months ago, and there were no hits.
If a debtor today is not in a position to pay toward their judgment, the sun may come out tomorrow!
For more information on how we can get you cash for your Missouri court judgments, contact us today!
www.GetMyCash.com
Missouri Judgment Collections
2012 Cherry Hill Dr., Ste. 206
Columbia, MO 65203-5882
1-800-417-8387
FAX 1-888-865-5860
Click Here to Email