Madison Management Enables You to Write Better Reports For Property Owners

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Madison Management Enables You to Write Better
Reports For Property Owners
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Here is how you can make the report interesting
and informative for your clients

• Income analysis
• The income analysis should generally be conducted
  at the end of the month or when all the tenants
  payments have been received. A tally with the
  rental budget should be made and any
  discrepancies should be brought to the property
  owners attention. The report should also have
  details about any scope of increase in the rents
  of tenants, or any other avenues of income. The
  landlord needs to be assured that they have a
  steady flow of income and their property is
  making a satisfying return on investment that is
  feasible according to the prevalent conditions.

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Here is how you can make the report interesting
and informative for your clients
How the money was spent Your client needs to
know about all the money that was spent on their
property. Make a detailed list of all the repairs
that were made, all the maintenance charges that
were cleared off and all other debts paid.
Madison Management services advice you to take
the report a step further by including details
about where the money was sent. If a stairwell
was repaired include the before and after images.
Your client will be happy to see that their money
was spent well.
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Here is how you can make the report interesting
and informative for your clients
Arrears and legal suggestions Although Madison
Management advices that you should minimize
pending payments, there are some that are bound
to crop up. Instead of just stating the amount,
state the plan of action that you hope to
implement to retrieve the amount. Also, if this
has been a recurrent thing with a client suggest
what legal actions, if any, the client can take
to ensure that the tenant clears dues as soon as
possible.
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Here is how you can make the report interesting
and informative for your clients
Lease Documentation and changes Multiple
tenants will require that you make multiple
updates and keep a tab on all of their leases.
Any new additions to their lease or to their
documentation will have to be reported back to
the owners. Another thing that you need to be
careful of is the end of the tenure of a
particular client and suggest what you can do to
minimize vacancy on the property.
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Here is how you can make the report interesting
and informative for your clients
Market Trends Madison Management services
include a section in their report that talks
about upcoming trends or news about commercial
real estate that may prove interesting to the
owner. Another things that you can do is keep a
track of any changes in the zoning laws of the
area and predict its effects on the property.
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management And Madison PropertiesConnect us
through http//madisonprop.com/