With a host of projects at various stages of development, knowing the specifics of each is unlikely to be your first focus. However, when a project goes over budget and you can’t figure out what went wrong, you may begin to lose control over your portfolio. What if you could see how each project was …
It’s important to understand the differences between real estate development accounting software and conventional accounting programs, such as Quickbooks. Let’s take a closer look at the four primary distinguishing characteristics. Developers are in it for the long haul Because typical development projects are long-term, real estate development accounting differs from other types of accounting. …
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Perhaps one of the largest pieces of working as a developer is the ability to form solid project management skills. Without them, success will not come easily. Though you can use a real estate property development software to help lighten the load, you ultimately want a solid array of management abilities so that you can …
Real Estate Property Development Software Helps with Project Management Read More »
Time is of the essence when it comes to a new real estate development project- and time is money. Real estate developers need to balance their time between meetings, calls with lenders and vendors, handling project management on multiple deals, across multiple stages, hunting down project emails. using calendars and spitting out Excel spreadsheets to …
Those working in the real estate business likely already know how difficult it can be to manage the day-to-day. If you have the right tools, though, the job is easier than you ever could have imagined. This is absolutely the case with the right real estate property development software: in this case, Budgetrac. Introducing the …
Real Estate Property Development Software Solutions Read More »
Although the housing and commercial real estate markets were hit harder than most other areas of the economy when the Great Recession struck, these industries have experienced a resurgence in the past couple of years.
There are different levels of project costing and reporting that companies need to track and audit. Our Budgetrac solution enables companies to not only track and account for project costs, but a most important feature is to also track contracts with vendors. As an organization enters into contracts with vendors, these contracts can include various …
Budgetrac Project Costing & Managing Vendor Contracts Read More »
Want a sure sign that the bull market for rental housing still has plenty of legs? The second largest U.S. homebuilder is now offering newly-built rental properties. On March 14, Lennar Corp. opened its first single-family rental home community, an 80-home development in Sparks, Nevada, near Reno. Rents at Frontera at Pioneer Meadows start at …
Real estate lenders are expecting a strong year ahead for the commercial property business, but looser underwriting standards may cause the market to come under some pressure this year. “Industry participants see another year of positive growth for commercial real estate debt markets as ample capital and credit should be available to meet borrower demand …
Looking for a gift for your favorite commercial property manager? A new book by bestselling author Vicky Ward recounts the rise, fall and rise again of New York City’s iconic General Motors Building. Ward recently was interviewed by National Mortgage Professional Magazine, to discuss her new book, “The Liar’s Ball: The Extraordinary Saga of How …
GM Building Offers Lessons on Property Management Read More »