Cash vs Accrual Accounting for Real Estate Portfolios Cash vs accrual accounting looks like a bookkeeping preference. In real estate, it works more like a strategic decision. The method we choose determines what an owner sees on a monthly statement, what a lender sees...
Property Management KPIs: The Metrics That Matter Most Property management KPIs separate operators who guess from operators who know. When we take on a new client, we do not ask about portfolio size first. We ask whether the team can answer three questions on the...
HOA Reserve Fund: How Much Should Your HOA Be Saving? Every community association will eventually face a six-figure repair. The roof ages out, the elevator fails, the parking lot crumbles, the pool needs a full resurface. When that day arrives, the only question that...
Buildium vs AppFolio vs QuickBooks: Which Wins for PMs? Buildium vs AppFolio: How We Compare Property Management SoftwareThe Buildium vs AppFolio question gets asked at every NARPM chapter meeting we attend, and the third name—QuickBooks—almost always...
Property Management Tax Prep: Year-End Guide for PMs Specifically, year-end tax prep is where the year’s bookkeeping habits either pay off or come due. Generally, property managers carry one of the messiest tax footprints in real estate: rent in trust, vendor...