Property Management Documentation
All businesses have to document their transactions, but it is the property owners that have a higher need for documentation. Without proper records and paperwork of what happened in your building’s day-to-day operations, you are less likely to collect rent from tenants or deposit monies back into banks accounts when they’re due on loans.
Documenting everything is necessary when it comes to property management to keep your business running smoothly without any hitches along the way. Consider using systems such as Evernote or Google Keep. Whatever you choose, make sure it works for you. If you don’t like the system, you won’t use it. Before you know it, your property management tasks are out of control.
Create a System for Documentation
Developing a system for property documentation will help you keep your records up to date and provide the information that is needed in case of an emergency. Next time something pops into your mind like “oh I need to do that!