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Real estate is an asset-heavy business, which makes managing the business quite complex and tedious. Add to this, property managers are also tasked with managing property accounting, which could be increasingly challenging given the volume and type of portfolios. Poor property accounting is a huge liability resulting in error-riddled books with missed revenues, expenses, and
Property management is key for commercial real estate portfolios. As a property owner/manager you understand that property management, while exciting, has a potential to hurt business if you put a foot wrong. Moreover, as you continue to scale your portfolio, the process of managing properties effectively and efficiently tend to become more complex and time