What to Look for in Field Documentation Software By Nicole Henry Maximizing value while minimizing risk is key when it comes to asset management. However, finding that sweet spot between too much risk and too little return is a cumbersome task. It requires extensive time, effort, and may end up tipping the scales out of your favor. If you are unable to be on site while your property is being
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Build Relationships with Trustworthy Suppliers for Operational Efficiency By Fred Harris Networking is quite the buzzword these days. You have probably watched the TED Talks, read the articles, and seen all the research and statistics. And you have experienced firsthand the value that connections make to support solid real estate portfolio investments. But what if your networking strategy is still missing something important, such as direct relationships with your building
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Achieving Optimal Execution on Investment Return or Recovery By Ryan Hennessy Success in managing a real estate portfolio is traditionally measured by return on investment or loss recovery. While these measurements can be easily calculated, to truly maximize them requires a comprehensive understanding of critical inputs, the impact of controllable and uncontrollable variables, and prioritizing the decisions that are more crucial to the management or liquidation strategy. Recent history has
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Identify Problems Before They Become Costly Emergencies By Ray Hespen The extreme swings of cold, heat, and humidity can cause stress to heat and cooling equipment. Preventative maintenance on your HVAC systems is often held off for the summer months when residents turn off their A/C unit for the winter. However, there is a better way to protect your investment in equipment. What is HVAC preventative maintenance? HVAC, which means
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