What Are Total Revenue And Operating Costs in Property Management?

In Property Management business, hundred percent collections never or hardly comes, so, it becomes necessary for property managers to anticipate or predict the total percentage of probable rent loss resulting from vacancies, defaulter tenants on leases and occupant turnover etc.Usually, the rental rates for a property lease increases at the time of renewal of the contract during that stage must be weighed against the possibilities of a reversal in the rental trends due to these leases. The resulting...

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