Real Estate

Commercial Property Management Tips for Professional Real Estate Agencies

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When it comes to managing a commercial property today, controls and efficiency will help you provide a professional service to your clients. More particularly, all of your systems should be well documented and relevant to each type of property.

This then suggests that the particular checklists will apply to office property, commercial property, and industrial property. Checklists will also be different when it comes to property management with lease payments.

Here are some tips to help you establish a strong control process as part of your agency’s property management services.

  1. Leasing documentation should always be reviewed when it comes to taking over the management of a new property. In many cases, you will find that part of the documentation is missing in some respect or that critical dates have not been met. If someone gives you a lease schedule as part of handing over the property, make sure the schedule is fully cross-checked with your existing lease documentation. You should also understand that lease documents are not the only documents related to occupancy. You can and usually will find special documents related to licensed occupancy, and these would normally include car parking, signage, storage, and special use areas. These documents can be separated from the lease documentation.

  2. Check for backlogs on the property as part of the delivery process. Any existing backlog will need to be quantified for any action that may be required. Request copies of any documentation and letters related to the arrears search. If special agreements have been entered into with existing arrears, you will need a copy of the documentation.

  3. Get to know the tenants and the property as soon as possible. When it comes to changing property managers, tenants can be quite sensitive to new arrangements and new people. Introduce yourself personally to tenants in a Property Delivery journal.

  4. Understand what the owner requires from reports and approvals. Each owner will be unique and different when it comes to the communication and reporting process. Some owners will have special cash flow requirements and reports to substantiate cash flow. In complex properties with multiple tenants, this can become quite a challenge. Make sure the property manager you choose has the experience to meet the owner’s demands.

  5. Talk to the maintenance people involved with the property as soon as possible. They will tell you a lot about the property today and possible maintenance failures in the future. This information will help you plan for cash flow and expenses for years to come. Ask maintenance personnel about specific plant and equipment factors that are critical to the property’s performance. Any older plant and equipment should be closely monitored for possible failures.

  6. Outgoing management is part of the control base of real estate management. Property expenses must be managed based on the building budget and the requirements of any and all lease documents. Many leases will have different control factors and reports when it comes to cost recovery. For this very reason, all lease documents should be carefully examined as part of the repossession procedure.

  7. The history of the property will always be relevant. Get copies of past reports, financial activity, and lease documentation when possible. This information will help you when it comes to establishing the status of the existing tenancy mix and how the property can progress as an investment.

  8. Income and expense budgets can be current or from this year. Those estimates should be passed on to the new owners and property managers. This way you will know how existing outbound recoveries have been established and on what basis.

  9. Vacancy reports and strategies will vary throughout the year. Importantly, any vacant area is successfully marketed to reduce vacancy downtime. Any pending or upcoming vacant leases must be aggressively marketed to find the necessary new tenants.

  10. Rent review profiles and option strategies will be reviewed as part of the lease documentation scrutiny. Look up all the critical dates related to rent reviews and option terms. Critical dates need to be entered into some sort of journal system so that you can trigger the event early or on time.

Professional commercial property management services are only achieved through systematic actions and well-qualified people. Take steps to establish your own systems as early in the property management process as possible. These above items can be modified and expanded depending on the type of property and the location of the property.

Shopping Product Reviews

Adhesives – 7 Ways to Make Paper Craft Projects Without Glue or Tape

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It’s very easy to reach for my double sided tape or any of my various glues when making paper. One of the things I love about paper is that there are often so many ways to achieve the result you want. Attaching things with glue and tape is just one way to make your items stay where you want them. Come with me to see some other ideas to make things stick!

You can make your project without any type of adhesive. Accepting a challenge to do it is a fun way to get inspired. Here are seven ways you could do your project without adhesives.

1.Brads

If you’ve been a paper crafter for a while, you’re probably familiar with brads. They are made of metal and come with a split pin backing that can be pushed through layers of paper to attach the embellishments. He often sees them worn in the middle of flowery layers. There’s no reason you can’t use them in other ways, like holding doilies in place, attaching labels where you want them, attaching a small scrapbook or booklet, making a hang tag for hiding journal covers, providing an anchor for ribbon or braid. or cord, or as an embellishment in its own right. Use an odd number of thumbtacks in a row to draw attention to a spot on your page or card, make a curved line with them, or use them as corner points.

2. Sewing

Hand or machine stitching can add a lot to your pages and cards, as well as being a convenient way to keep items together. Sew layers of cardstock or designer paper using straight lines or decorative stitches. Sew around a photo using straight or zigzag stitch or blanket stitch to attach it to your mat (use a paper hole punch and grid template first to allow room for the needle and thread when sewing by hand). Sew buttons into your design to keep things in place. Sew the pages of an album to join them, with threads or thread or string. Make a folded paper book with a sewn spine. Sew felt or other materials to make flowers or any other shape you like, and then sew them in place. Sew the ribbon to your page.

Clue: If you use your sewing machine for paper crafts, make sure you have a needle just for sewing paper. Sewing through the paper will dull the needle a bit and can cause fabric items to snag later.

3. Clips and other stationery accessories

Rummaging through stationery stores can reveal wonderful items for you to use in your paper crafts. Paper clips, small bulldog clips, push pins, colored staples, and the like can be used instead of nails, glue, or tape. Manufacturers are constantly coming out with new trinkets for the office. Why not incorporate them into your paper making projects?

4. Folding, cutting and pressing paper

Clever ways to fold or crimp paper can also help you get by without adhesives. Make cutouts in the paper to place photos or doilies in each corner. Make a row of cutouts and run them through tape, paper, or a pen. Fold the layers of paper a few times, then glue them together to add a punch or stitch. Use origami techniques in your project by folding the flaps of paper and placing them under other layers of paper. Crimp the papers with a paper crimping tool. Re-investigate stationery to find staple-free paper binding tools, cleverly cutting and crimping metal-free papers.

5. Magnets

Using magnets on a metal plate or to hold items in place can be an interactive display. Using a magnet to hold a small journal in your design means people can pull it off the page, read it, and put it back where it belongs. (Use another magnet on the back of the page.) Make paper pins that can be worn on special occasions and use magnets to allow people to wear them on their clothing (check that no one has a pacemaker before allowing them to wear a magnetic pin or you might interfere with the mechanism).

6 Velcro

Use Velcro to close your tag albums, make fun children’s books with elements that can be removed and reattached to the page at will. Sew Velcro to your page or article to keep it in place. Use Velcro to close a small paper box. Use it to make paper pins that can be worn on clothing, instead of using magnets.

7. Sealing wax

Before glues and tapes were so widely made, people sealed paper envelopes and scrolls with wax. There were special stamps and signet rings to push the hot wax to make a decorative or informational pattern before the wax cooled. Try using sealing wax to make a special paper project. Use the wax to seal wedding invitations, for example. You can also use it on your cards or scrapbook pages to keep small items in place.

And there you have it: seven ways to join paper without using glue or tape! There are other ways to make off-the-page cards, designs, and projects without the use of tape and glue. I encourage you to challenge yourself to find new ways to make paper crafts and share your ideas with me if you know if there is another way or two to do things without adhesives.

Sports

Basketball score 100-0? What that means for those of you coaching youth soccer

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100-0 I’m not kidding with you

One of the biggest youth sports stories this month comes from all places, girls’ basketball. If you haven’t heard of this one you really need to get out more, the story has gone viral. While I’d much rather watch paint dry or get wood chips under my fingernails than attend a girls’ basketball game, there may be a lesson here for us youth soccer coaches. A small Dallas, Texas high school for ADD and ADHD children with only 20 female students, lost 100-0 last week. That’s right sports fans, Covenant Christian ONE HUNDRED, Dallas Academy ZERO, that’s not a typo.

The halftime score was 59-0 and the score at the end of the three was 88-0. What’s interesting about this story is that the winning team, Covenant Christian, lobbied for almost the entire game. The Dallas Academy rarely passed the ball beyond half court, turning the game into what observers called a “layup drill.” Dallas Academy hadn’t won a game in the past four seasons, not one, so it wasn’t like Covenant were up 98-0 and feared Dallas Academy was going to go on a 100-point streak of their own. In fact, as Covenant neared the century mark, Covenant’s head coach and several of his fans cheered wildly. I have a word for that, WOW. I am impressed by the score and more by the attitude and actions of the head coach and his “fans”.

no apology required

When Covenant administrative officials apologized for their coach’s actions, the Covenant head coach bullied him around the neck and said that he had done nothing wrong. He claimed that his children were playing the game the way it was meant to be played. Don’t get me wrong, I’m not one of those Stuart Smalley types, you know the “let’s not keep score, let’s play the same number of players with all the players, drink juice boxes and sing Kumbaya together after the game coaches”. Remember my teams have gone 97-13, we’re playing to win, we’re not playing intramurals.

The value of competitive sports

Competitive sports are a great learning environment for most kids, but this coach crossed the line in my opinion. When he’s ahead, there’s nothing wrong with securing the win, working on some skills and tactics your team needs to improve on, and getting backup reps to run the base offense and defense. But when it’s obvious you’ve got the upper hand and the other team isn’t having any luck in a comeback, why keep pushing? You’d think that after being able to run the pass with an 88-0 third-quarter lead, it would be obvious that his sons know how to run the pass against a hapless rookie team. But what about working on the half court game or ANYTHING other than the press?

What did the Covenant kids get for crushing the spirit of the Dallas Academy team? Maybe the girls learned that when you’ve got someone down, kick them in the face some more and then smear concrete on their face for good measure.

So what?

Why not let it go because you can? When you’re up 88-0, it’s obvious to every player, coach and parent who’s the better team, no question. Heck, even the disinterested janitor or the doggy in mommy’s bag will know that one team was far superior to the other team. What harm would have come from not pressing in the fourth quarter or maybe playing a couple of kids out of position? Instead, Dallas Academy has now canceled the rest of its games. Was the Dallas Academy inept? Sure. Poorly trained, probably. Were any of these girls going to play college basketball? No. But the kids at the Academy will now be deprived of the opportunity to grow as human beings and develop the deep relationships that most kids gain from playing competitive team sports. I hope Covenant’s trainer is proud of that. he maybe he can put that on his resume when he applies for the job at Duke or Kentucky.

The coach gets his due

In the end, the Pact Coach was fired a week later for basically disagreeing with the school’s decision to apologize to Dallas Academy. The Academy may have the last laugh, as Dallas Mavericks owner Mark Cuban will host the Academy team in his Suite at a Maverick game. Let’s hope this story teaches those of us who coach youth soccer a valuable lesson about what not to do. While we didn’t have any video of this fiasco, Coach Phantom suggested this video clip as a pretty close representation of what the match probably went like. I’m sure the coaches and fans were just as excited as the ones in this video for his “HUGE” victory.