Published: Saturday, 19 May 2018 22:15
These are the signs of the times; everything getting more digital and online, even in the property worlds. Whether that’s online file storage, swanky software and database systems, or flashy apps and things to help process tasks easier and quicker.
Recording a property inspection is a prime candidate for this, and being able to somehow store the endless photos and comments that you come across is a good benefit of the advancement in technology.
Property inspection be for a whole host of reasons, for example an inventory or schedule of condition for a new tenant, a health & safety inspection, or just a general property management viewing.
People will already be tending to use mobile and tablet devices anyway, for example taking photos...
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Category: Leases & Titles
Published: Saturday, 12 May 2018 23:16
Sometimes you come across some issues between different landowners that need some careful legal documentation to get things all clearly laid out.
This is not for the faint-hearted, and requires advanced legal-help and some out-the-box thinking.
Therefore unfortunately as you try and sift through the issues to see what needs doing, you can easily get too bogged down with standard property management ways that just won’t cut the mustard here.
So the regular use of, say, leases and licences often just won’t suffice, as you’re not in a landlord-tenant situation, and one party is not necessarily actually using the other land to benefit from this.
A Clearer Example
So let’s take an example property where there is a row of offices in a terrace...
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Category: People Interests
Published: Wednesday, 09 May 2018 23:15
As a landlord of a commercial property, issues with a tenant can soon escalate into stormy heights. You’re generally dealing with bigger numbers and issues here than, say, residential, and so you can either live or die by the sword, so to speak.
And having the rent paid is of course the biggie, although there can be other factors such as bad behaviours and letting the property’s condition deteriorate.
When you’re past the point of trying to resolve in whatever fashion, you end up asking the question of how to simply get them out. Maybe you already have a potential better tenant lined up to take over, or it’s just more of a case of seeing who else you can re-let to or develop longer-term options for.
Time will probably be an important...
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Here are various blog resources related to the rent that is paid at properties, whether you're a landlord receiving, tenant paying, or middle-man managing. Right through from how to correctly charge and collect to how it needs to change over time, this is often the most important factor to managing let properties, and includes simular variations such as licence fees.
Here are various blog resources related to non-rent monies and payments, for example service charges, fees, and other costs and charges. These can be directly charged or hidden away, and are important to know what you may have to pay or might be able to charge another property interest for.
Here are various blog resources related to the insurance of properties, ranging from the main building cover to ancillary ones like contents. Whether it's the premium to pay or the policy to correctly arrange, these help explain what's needed from the perspective of different property interests.
Here are various blog resources related to all the different property interests, from landlords & tenants, to investors & occupiers, to all other third-party interests. These cover general factors to consider for a particular interest, to more detailed issues to resolve for a particular course of action.
Sales & Lettings
Here are various blog resources related to the sales & lettings of a property, and all related transactions. Whether you're involved in these directly yourself, or you're working with other sales/letting agents and interests, these help highlight important property managemnet factors to consider.
Leases & Titles
Here are various blog resources related to all forms of leases, titles, and legal documentation involved with property interests. Whether a straight forward lease agreement or complicated legal documentation, here is help to understand what you're trying to achieve and then practically how to easily do this.
Here are various blog resources related to all the taxes involved with property interests, from VAT and SDLT, to income and capital gains, to rates and council tax. These will help you work alongside other accounting and tax advisors to make sure you cover all bases to reduce your overall tax liabilities.
Services & Compliance
Here are various blog resources related to the services and compliance at a property. These range from say your fire and health and safety compliance, through to services like cleaning and utilitities. These resources help provide an overview of each area without getting too technical, so you can plan it all in at the right time and best cost.
Here are various blog resources related to any other general subjects involved with properties and their interests. So whether it's the basics of property management, or more specific property issues and queries that don't naturally fall in the other categories, you'll find them all here.
Condition & Repairs
Here are various blog resources related to the condition of a property and any repairs and alterations required. Whether it's a reactive roof repair, pro-active maintenance plan, or carefully-chosen contractor - these help explain how to effectively keep properties in the right condition.