When you take over ownership

چهارشنبه 17 آبان 1396
4:51
sufoor

and if you spend it instead or use it for ANY other purpose you have just stolen from the property. Transfer all Security Deposits directly into this account.. and absolutely discourage you from taking cash out of ANY Commercial Property at the Close!

That is because all of this Money has a dedicated purpose.

Reserves Account always keep your reserve account topped up (we recommend at least one month of operating expenses)...

We recommend you raise enough money from investors to fill the Reserve Account at the Close of your Purchase . This is your rainy day fund and can be an interest bearing account as well.

We strongly disagree .

WARNING:

We know of other Commercial Property Educators who advise you take this money at the close and use it to purchase additional Property.

Pro rations and Credits . you will take with you several different piles of cash you don t see in a Residential Real Estate Purchase....

EXAMPLE Link Clamp2:

If you buy the property in the middle of the month and the Seller has already collected the rent you will get a prorated share of the rent collected ..

Always use this cash wisely and Only for its intended purposes. leave it set aside in your operational account for use when the bills come due. don t steal from your own Property!

.. This cash is spoken for... Set up an interest bearing account for them and transfer the appropriate amount of money directly from the closing table.

EXAMPLE #1:

If you buy the Property on July 1st you will receive a credit from the Seller for 1/2 the year s Property Taxes..

When this occurs your only recourse will be to ask your investors for more money .

They come in the form of

Tenant Security Deposits

Pro rations

Credits

And in a larger Property these can easily total # hundreds of thousands of dollars. simply transfer all Closing Table funds into the appropriate account. AND there is nothing worse for your reputation as a Project Sponsor than a quick Capital Call.

With these accounts set up ..

Are money already set aside for operational expenses and need to be kept off to the side until these expenses are actually due. They crow about Cash Back at the Close as a major reason to move up to Commercial Property....

Are to be returned to the Tenants when they move out..

=========================================

Tenant Security Deposits . in this case, 1/2 of it.. you are literally Stealing it from the Property and your Investors.

If you siphon off any of these funds for yourself or other investments, you are setting yourself up to run short of operational cash very quickly..When you purchase a Commercial Property and leave the Closing Table . this is called a Capital Call.....

========================================

We recommend you open three bank accounts when you take over ownership

Operations Account for the monthly in and out of income and expenses

Security Deposit Account best if it is interest bearing. This money has been generated this month to pay next month s bills .... this way you will not need to make a Capital Call if the furnace goes out in the first 6 months of your ownership. Taking this money can and will sabotage the success of your investment..

If you use this money for anything other than its intended purpose in this Property .

AND whatever you do . This money is dedicated to paying the taxes when they are due


برچسب ها: Link Clamp ,
[ بازدید : 1 ] [ امتیاز : 0 ] [ نظر شما :
]

When you are prospecting a location

پنجشنبه 23 شهريور 1396
9:28
sufoor

When you are prospecting a location you should take a look at a few things. What vendition locations give the best results?Obviously there are some of the big batsman ones, like the public areas where Schools, recreation centers, places like that. I have had a couple of outside locations before at a few storage facilities. When you get into the staff members that at a location that are into say their 40s and 50s, some of them are looking for more healthy varieties of products. Yes, I had a good run for a while, but then eventually the machine got busted in to. Also try and find out if the company had already had a vending service on their premises and if so what was the reason for termination of the vending service?I always do this because I want to know if I am going to be setting up machines at a location that has potential or is it going to be a dud location and not make me any money. First you should take a walk around the building to see how many cars are in the parking lot. One even had a security gate and security cameras and they still did it. There was time, stainless steel laser cutting I made good money there because there were steady people coming in and out of there all the time renting their trucks and getting storage, but because it was outside, I also opened up myself to the threat of vandalism.So if I dont then I will keep sourcing out other locations for that machine until it makes me a profit. Those are places that I have seen good results with. Another thing to consider when sounding at a potential location is look at the make up of the people that work there. Say, for example like a trucking station where truckers are coming in and out. This should give you an idea of how many employees work there.

What vending locations give the best results?Obviously there are some of the big hitter ones, like the public areas where Schools, recreation centers, places like that. I am all for serving out local businesses in my area but at the end of the day I have to turn a profit at each location. This is because the older crowds are more health conscious.. One even had a security gate and surety cameras and they still did it. Also lets look at indoors versus remote locations. This is because the older crowds are more health conscious. When you get into the staff members that at a location that are into say their 40s and 50s, some of them are look for more healthy varieties of products. It does vary and it depends on the make up of the people at the location. Also try and find out if the company had already had a vending service on their premises and if so what was the reason for termination of the hawking service?I always do this because I want to know if I am going to be setting up machines at a location that has potential or is it going to be a dud location and not make me any money. For the most part, the higher traffic locations are ones where there is more walk through and through traffic. I have always found that the little(a) crowds buy the most snacks.

Say, for example like a trucking station where truckers are coming in and out. This should give you an idea of how many employees work there. I have always found that the younger crowds buy the most snacks. I have always found that local businesses like offices and factories are great locations. Any kind of business that has a steady flow of traffic going in, but those are also harder to get and find.Here is a great question. Inside locations in my personal opinion are the best. I repaired and kept it going and then they burst in to it again.

I have always found that local businesses like offices and factories are great locations. I have always found inside locations, like factories and offices to be the best. Are the domicile in the age group of 21 to 35?You could sell a lot more pop and chips there. I have always found inside locations, like factories and offices to be the best. Arenas where people seem to frequent the most. When you are prospecting a location you should take a look at a few things.So if I dont then I will keep sourcing out other locations for that automobile until it makes me a profit. First you should take a walk about the building to see how many cars are in the parking lot. Also lets look at inside versus outside locations. Yes, I had a good run for a while, but then at length the political machine got busted in to. There was time, I made good money there because there were steady people coming in and out of there all the time renting their trucks and getting storage, but because it was outside, I also opened up myself to the terror of vandalism. I repaired and kept it going and then they busted in to it again.

Any kind of business that has a steady flow of traffic going in, but those are also harder to get and find. For the most part, the higher traffic locations are ones where there is more walk through traffic. Those are places that I have seen good results with. Another thing to consider when looking at a potential location is look at the make up of the people that work there. I have had a couple of outside locations before at a few storage facilities.Here is a great question. I am all for helping out local businesses in my area but at the end of the day I have to turn a profit at each location. Arenas where shack seem to buy at the most.. Are the people in the age group of 21 to 35?You could sell a lot more pop and chips there. It does vary and it depends on the make up of the people at the location. Inside locations in my personal opinion are the best


برچسب ها: stainless steel laser cutting ,
[ بازدید : 2 ] [ امتیاز : 0 ] [ نظر شما :
]
تمامی حقوق این وب سایت متعلق به swingclamps است. || طراح قالب avazak.ir
ساخت وبلاگ تالار ایجاد وبلاگ عکس عاشقانه فال حافظ فال حافظ خرید بک لینک خرید آنتی ویروس دانلود آهنگ جدید دانلود تک آهنگ ربات اینستاگرام دانلود آهنگ جدید بهنام بانی بدنسازی خرید عطر مرجع آنتی ویروس ایران ثبت شرکت download free movies
بستن تبلیغات [X]