Overview

Read more and learn about the templates and other helpful BONUS you’ll receive with your purchase.

A Guide to Financial and Commercial Property Management

This expert book provides step-by-step instructions on tracking different types of leases, including single net, NN, NNN, percentage lease, absolute triple net lease, gross lease, and others. The author also guides you though how to customize reports and calculate rent escalations. The lease summary shows all the facets of your tenant leases, so you can easily put them into a report or Excel spreadsheet. In fact, she tells you how to do calculations you can’t do in QuickBooks by simply exporting them to Excel.

• How to track types of leases. Step-by-step instructions on tracking different types of leases, such as single net, NN, NNN, percentage lease, absolute triple net lease, gross lease, and more. You’ll also learn to customize reports and calculate rent escalations.

• The Lease Summary. All the facets of your tenant leases in a convenient synopsis, so you can easily put the information into a report or Excel and ensure that you’re getting everything you should from your tenants. Commercial leases are often full of long wordy paragraphs written in convoluted legal language and summaries. Cut through all of that language and condense the lease to its important information. Included is critical lease information such as expiration and option notice dates so you can better manage a portfolio of leases.

• Avoid Lease Audit. Sometimes tenants can ask to check the property management books to verify if they are being charged the right amount. Lease Auditing, also known as CAM auditing or Operating Expense Auditing, is a detailed review and comparison between the legal definitions in the lease and what a landlord may be charging for occupancy. This important feature can save you money – and make you money.

• Recovery Expenses. Find out instantly if you overpaid other businesses due to a clerical error or overbilling. For example, you might audit your utility bills for several billing cycles to see if you were overcharged for energy use. This feature alone can more than pay for your investment in A Guide to Financial and Commercial Property Management.

• Easy CAM calculations. Are all of your tenants paying the correct amount for common area maintenance? If a tenant questions a bill for common charges, you instantly justify it.

• Instant knowledge of when to schedule rent increases. Save countless hours of wasted time trying to figure out if you’re getting enough rent, showing a profit, or were overcharged for maintenance and repairs. Now, you can determine what each tenant’s net rent should be instantly.

Plenty of programs can help you manage properties, but do nothing else. Some programs do everything but cost a fortune. A Guide to Financial and Commercial Property Management by Gita Faust provides property and financial management in one package – at a fraction of the cost of the specialty. It’s a total system for property management, accounting, and tax returns – and it can transform you into a profit powerhouse.  

The book represents the next-generation solution for managing your commercial rental properties. It combines the awesome power of QuickBooks with the tools Gita has added.

You can stop wasting time being buried by paperwork and being unorganized and get back to what you do best – managing your rental properties.

Right now you know WHAT you want to do... but nobody has ever shown you the "nuts and bolts" mechanics of HOW to do it STEP-BY-STEP.

I'll teach you everything you need to know to create and post your own transactions, and I'll even include files you need to get started!

Please, remember you must have QuickBooks installed on your computer.

Our QuickBooks files are only available for QuickBooks Pro, Premier version 2009, 2010, 2011, 2012 and Enterprise version 9.0, 10.0, 11.0, 12.0. We can help you with QuickBooks MAC versions. Our files will not work with QuickBooks Online version. Contact us, if you have any problems opening one of our file.

Features

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Reports where you can always find them

As you manage commercial real estate you have multiple figures to consider and decisions to make. All those decisions are dependent on accurate figures from each tenant’s lease and transactions. You can only get precise information at your fingertips if it is instantly available by the click of a mouse. It must not be buried inside an Excel spreadsheet where you have to spend a half hour looking for it and still not be sure you have all the detailed information you need. To begin with, the lease summary is available at the click of a mouse.

Precise and instant information is what A Guide to Financial and Commercial Property Management gives you with the stroke of a key. 

The manual takes you step-by-step through the intricacies of QuickBooks and explains things that you may not have known were possible to do with QuickBooks? Commercial property management guides includes everything from the Landlords guide and:

• Manage Units and Tenants
• Cost out Property
• Data and Cash Flow
• Rent Roll
• Lease summaries
• Lease Expirations
• Late Fees, NSF Fee
• Security Deposit reports
• Rents
• Tenant rent adjustments to include CAM
• Lease Audits
• Delinquent tenants list
• Property assets record
• Lock Key Code
• Repairs/work order by property
• Common Area maintenance costs
• Late fees and statement setup
• Appliance warranty dates
• Vendor advances
• Warranty information
• Work orders
• Check writing
• Bill per tenant and get reimbursed
• Loan management
• Lines of Credit
• Reconcile bank statements
• Credit card reconciliation
• Banking Online
• Financial Reporting
• Unlimited QuickBooks Reports
• Forms and letters customization
• and much more

 

Testimonials

Gita's knowledge with regard to the usage of QuickBooks in a property management environment has been instrumental in enabling us to properly set-up our QB file, our daily processes, and monthly reporting. Without her involvement, we would have struggled mightily, and ultimately never fully implemented the system correctly. If you need support or training with the property usage of QuickBooks in a commercial property management environment, make sure you speak with Gita first.

-Peter Cullen CPA, Core Performance Consulting, Certified QuickBooks ProAdvisor, Newport Beach, CA

While researching accounting software for a new client and debating between different programs, I found out about Gita and her book. After a couple of sources described Gita is the authority on property management in QuickBooks, I decided to try it out.

"A Guide to Financial and Commercial Property Management" by Gita Faust is an excellent resource for commercial property owners and management companies. Gita has extensively customized QuickBooks specifically for this industry, putting its powerful customizable features fully to use.

Along with the book, she also provides a sample company file for reference and a QuickBooks template file to get you up and running right away. She even included ongoing telephone and email support for one year!

As an accountant, I see how much work went into this book and truly appreciate Gita's expertise in this field.

- Matthew W. Toenjes, Matthew's Accounting Services LLC

Full Product Details

ISBN: 978-0-9791240-7-5
Pages: 718
Format: Spiral bound book with CD including QuickBooks template and sample files
Publisher: Expert Publishers, Inc.
Publication Date: August 2011