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How to easily managed the administrative side of real estate
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[QUOTE="Jasz, post: 280600, member: 61772"] Real estate is all about the details—and that's why it's so important to keep track of them. If you want to make sure your real estate business runs smoothly, then you need to know how to effectively manage the administrative side of your operation. Here are some tips for keeping track of the upkeep and maintenance of your property: -Make sure all of your tenants are up to date on their rent payments. -Ensure that any repairs you need done are done in a timely manner. If you're late paying a bill or repairing something on your own property, it could result in costly fines or other penalties. Give yourself plenty of time so that problems don't arise. -Keep good records of everything related to your property—from sales activity to expenses associated with maintaining it. You'll be glad you did when it comes time for tax time. - Track trends so you know what's working and what isn't. [/QUOTE]
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