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Create a Win Win for Small Your Small BusinessGary Goldsmith Discover How Specialized Cost Containment Creates A New Win-Win Position For Property Owner’s And You Property Management: A simple strategy to increase client loyalty By Gary L. Goldsmith Property managers who pro-actively employ advanced techniques to help property owners and anchor tenants reduce operating costs, will most certainly be considered a more valuable business asset. When you can achieve this with lower administrative functions and no out-of-pocket cost to you or your client’s, you’ve created additional benefits. In the world of commercial and apartment properties there resides a constant un-ending challenge for property owners – As a savvy professional property manager, you have the opportunity to meet this challenge and potentially save your client’s considerable money. The “constant challenge” of course is how to effectively control operating costs and potentially increase the N.O.I. on any commercial or apartment property. These factors are paramount and fundamental to commercial investments and they can weigh heavily on the properties capacity to support preferred level financing as well as future value. In a professional setting and as an investment property owner and developer, I understand the importance and the impact that effective property management can have on real estate and property owner’s. The outstanding P.M. that pro-actively controls costs is the company that creates ongoing loyalty, gets referred more often and prospers financially. The opposite is also true! You may not be aware that you have available to you right now, a resource that you can add to your current menu of services that can potentially and very effectively reduce your monthly administrative responsibilities in a specific area of property management and similarly potentially save your property owners hundreds if not thousands of dollars in monthly operating expense. Every month when you are paying trash waste collection invoices, you are very likely overpaying by 20% to 50% more than you should to have property dumpster trash hauled off. Contract or not, even if you believe you have negotiated cost effective waste contracts for your properties, there is a good chance you’re throwing money away. More important, owners could be throwing away their money. The waste removal business is a lucrative multi-million dollar industry. They have the opportunity to easily take advantage of customers. Your waste bills can be inflated through many hidden areas such as; excessive pick-up intervals, incorrect container sizing, service levels, fuel service increases/surcharges, landfill increases, hidden extras and so forth. Simply asking a trash hauler to lower their fees for you – won’t work! The potential magnitude of this problem has been the topic in a number of prominent publications. There is an excellent solution to address this problem which you can use to compliment your current practice. It takes a specialist to analyze waste removal needs, audit statements and negotiate competitive services effectively. Most property owners are not aware that waste service can be competitively open bid out and regularly audited. The only exception would generally be city contracts where the property owner is stuck without options. For all others the process of auditing and negotiating waste removal services can potentially save thousands. Without any added expense or time you can utilize the specialized services and skill of a waste auditing cost containment company to easily and quickly verify the current status of all monthly waste bills, discover how much can be saved, obtain new service bids for any property and have a cost savings audit completed and you can do all of this through the internet with a click of the mouse and no cost. Take a look at www.wasteauditing.com/commercial. These specialists fight for commercial property owners like yours In the area of reducing the amounts paid haulers on a monthly basis. They can re-negotiate service contracts, audit bills, handle accounting and many other related services and take over this monthly responsibility. The best part for you and the property owners is that they work on a “shared savings” compensation. There is typically no additional out-of-pocket cost to the property owners or to your company. The money they will save you goes right back to the owners bottom line. An excellent win-win concept that you can provide for your clients with substantial potential savings in cost and a reduction in administrative duties for your company.
| ![]() | ![]() | ![]() | RELATED ARTICLES Maintaining Small Town Charm In An Ever-Changing World Virtually any state in the country has the appeal of multiple small towns. Ask almost anyone who lives in small town why they are here and they’ll tell you they enjoy the small town feeling while being close to all the conveniences of a larger city. One of the greatest joys of living in a small town is how familiar people are with one another. When you walk into a store or restaurant you are welcomed by name. As an area grows, you risk losing the “down home” charm. Real Estate Remains A Strong Investment Opportunities to make big, quick profits in residential real estate tend to come and go in cycles.When a local market is hot, families may find it possible to buy a house at an attractive price, fix it up, and watch its value rise in just a few years. Make Your Sports Viewing More Fun and Interesting! 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How to Prepare Yourself for Owning a Dual Purpose Second Home If you are thinking about buying a second home, you are not alone.A 1995 survey by the American Resort Development Association found that 60 percent of households surveyed feel they have a likely chance of purchasing a recreational property in the next ten years, a figure that rose 30% from the survey in 1990.The average age for the majority of vacation home buyers ranges from 40-50 years old.Qualifying as the baby boomer generation, this group of second home buyers consists of 80.5 million people out of the U.S. population of more than 260 million.Demand for vacation homes is rising as a result of consumers’ increasing desire to capitalize on low interest rates, low unemployment rates and a strong real estate market offering many viable second home options. Obtain a Car Loan No Longer Than Necessary Some time in your life you will need a new car. You may not want to have the burden of a new car debt, but you may find there are very few alternatives. There are some simple things you can look for that will help reduce the amount of money every month. Depending on your credit situation, a car loan can be very easy or rather difficult. Even though there are dealerships that specialize in selling people cars with bad credit, the purchaser must realize what they are getting themselves into. Conditions Are Right For Buying The Higher Priced Home You’Ve Always Wanted Higher interest rates and home prices in the past have kept home owners from purchasing larger homes.The current real estate market conditions, however, are encouraging for many home owners who want to “buy up” to higher priced homes with more to offer. Tips on Budget Decorating Home decorating on a budget is the ultimate adventure in decorating. It requires a little bit of planning, creativity, and patience. If you are like me, sometimes you wish you could be a genie and wiggle your nose and **poof** its done. However, that takes away from all the fun! Follow these tips and youll have a home that looks like a page out of your favorite magazine! Publicizing Your Company Got a huge need for publicity and a tiny publicity budget You don’t need to have a Madison Avenue-sized advertising budget to make your name known. Optimizing for Visitors not Search Engines Most people feel that optimizing is to target the search engines alone. In my opinion, this is not the only case. Optimization requires a balance of traffic enhancements and a user friendly atmosphere that provides clear navigation. Most will agree it would be much better to have people accept offerings from a Site, rather than masses of people who do nothing. Here are some general tips and thought to make pages user-friendly. Four Tips For Getting More Mileage From Your Articles It has become common knowledge that the smartest and most effective free method of advertising your business and services is to write and submit articles to the over 400,000 e-zines currently on the net.There are even several e-books written on the topic, including mine, that will help you take advantage of this effective technique.What do you do next after youve invested the hours necessary to research, write, proofread, edit and submit your article to thousands of e-zine publishers More Bang for Your Buck With Mortgages Choosing a knowledgeable mortgage lender can make a difference in the quality of home you are able to purchase with your finances. I prefer to recommend a mortgage broker to my clients, because they usually offer 50 or more programs. Regular mortgage companies are usually locked into one source. Take time to research a mortgage lender. And, remember, creative financing can be the way to go if you need a higher priced home with more space. 50 Surefire Business Card Tips Business cards are one of the most powerful and inexpensive marketing tools you can use.Here are 50 surefire tips to make the most out of your business cards: Various Aspects Of The Lease Purchase Business In a previous article, we wrote why we believe that Lease Purchasing is the perfect home-based business, here we want to briefly touch on some of the actual aspects of operating such a business, the pluses and minuses and why Lease Purchasing represents a win-win situation for the seller, the tenant/buyer and just as importantly, you, as the business owner. ![]() |
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