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Sunday, May 8, 2022
Home loan
Home Loan · Minimum 10% (in case of construction) however, total margin including cost of land/existing building shall in no case be less than 25%. · Minimum 25% ...
Interest rate: Competitive rate and charges (view here)
Eligibility: EMI should not be more than 60% of *disposable monthly income of the b...
Insurance: Comprehensive policy as per banks’ clause
Saturday, November 27, 2021
Great business idea.
Looking for a great business idea? These ideas will help you start and grow a successful business in 2021.
Many of the best small business ideas for 2021 involve an online business model.
Choose a business idea that you are knowledgeable and passionate about.
Before starting a business, determine if there is a demand for what you want to provide.
This article is for anyone looking for an idea to start a business.
You know you want to start a business, but you're having a tough time articulating your idea. If you want to become an entrepreneur, it's important to start with a great business idea. All you need is a bit of inspiration. It all starts with an idea that has room to grow over time.
Monday, November 15, 2021
How to seal property
Do you sell your home first and live in limbo while looking for another, or do you buy now and foot the bill for two mortgage payments until you’re able to sell? Can you time it perfectly and do both at once?
moving couple for buying and selling a house at the same time
The truth is you have several options when selling a home and buying another. The best choice really depends on your personal situation, your property (and the market it’s located in), and your budget.
Friday, October 15, 2021
Property management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need of real estate to be cared for and monitored, with accountability for and attention its useful life and condition considered. This is much akin to the role of management in any business.
Property management is also the management of personal property, equipment, tooling, and physical capital assets that are acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition.
An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move in inspection, move the tenant(s) into the property and collect rental income. The company will then coordinate any maintenance issues, supply the owner(s) with financial statements and any relevant information regarding the property, etc.
Sunday, October 10, 2021
Hotel Property Management Systems:
Hotel Property Management Systems: Definitive guide for owner/operators
Features to look for in a hotel property management system — View all of your reservations on a calendar page · Add additional rooms and extra sale ...
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Types of property management system
Function of property management system in hotel
Example of property management system in hotel
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PMS interface
Hotel property management system Interfaces
OPERA Property management system
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Tuesday, October 5, 2021
HOW PROPERTY MANAGERS
. HOW PROPERTY MANAGERS HELP AVOID PITFALLS OF HIRING VENDORS
The term “investment property” does not describe any one type of house, condo, townhouse, duplex, apartment building, etc. And the term “vendor” does not describe any one person or company that may be hired to do work in or around a property.
In fact, just like properties, vendors come in all shapes and sizes, and all serve certain ends. A weekend toilet backup or HVAC emergency in mid-July will need to be addressed quickly, requiring vendors that are able to provide expedited service. Conversely, a job may be ongoing like landscaping or pool maintenance, or something elective like new flooring or countertop replacement, thus allowing owners or property managers to shop the job.
So, what goes into selecting vendors?
1. LICENSED AND INSURED
Accidents happen. They are an inevitable part of life, whether it’s when we are driving our cars, enjoying recreational activities or, yes, working on our properties. That’s why it is of the highest importance to only use vendors that are properly licensed and insured. Doing so protects your property in case damages or accidents occur while the vendor is working at the property and assures that you are not liable for the costs associated with any such damages or accidents.
2. AVAILABILITY
Vendors need to be available when a job needs to be done. Landscapers typically will be hired to provide regular service on a weekly or bi-weekly basis, depending on the property’s need for upkeep, and a property management company may hire one company in order to have scheduling priority for the multiple properties or communities it manages. Plumbers and HVAC techs may be needed on an emergency basis, and a property manager may rely on multiple trusted vendors who can be available when needed.
Thursday, September 30, 2021
The business
Yet the winds of change are bringing in new remote technology, cashflow volatility and financial challenges, government regulation, tenant expectations, and entrepreneurial factors are changing the answer to what is property management.
The business and the skill set required to manage properties has definitely changed. The trend is toward better service, responsiveness, and a better experience for tenants. The path to renter satisfaction is via technology and improved rent yields happen through efficiency.
The image of landlords and property managers is catching up to that other industries, and tenants are expressing more satisfaction with property managers.
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