Does your large property portfolio give you headache?

Discussion in 'Property Management' started by +men, 15th Jun, 2017.

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  1. Beano

    Beano Well-Known Member

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    The bank has solved this problem ....by increasing principal repayments to $2.20 per minute every minute of the day !
     
    Beano, 20th Jun, 2017
    #61
  2. Handyandy

    Handyandy Well-Known Member

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    From the Philippines. Unfortunately he is more like a book keeper rather than a fully fledged accountant although he has the qual's of an accountant.
     
    Handyandy, 22nd Jun, 2017
    #62
  3. Excalibur1

    Excalibur1 Well-Known Member

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    Just out of curiosity... how much are you paying your Filipino accountant?
     
    Excalibur1, 23rd Jun, 2017
    #63
  4. Excalibur1

    Excalibur1 Well-Known Member

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    This is such an interesting thread....

    From reading this it looks like everyone is going into commercial!
     
    Excalibur1, 23rd Jun, 2017
    #64
  5. Excalibur1

    Excalibur1 Well-Known Member

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    Am i reading this right.... you have interest in properties that have 500 tenants?! Do you mind sharing how you got into that? Is it though unlisted property companies?

    Very impressive numbers :). with all that Thank you for having time to contribute on here!
     
    Excalibur1, 23rd Jun, 2017
    #65
  6. Beano

    Beano Well-Known Member

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    No I am nowhere near that number
    I am stating the types of properties one normal person can handle with being total overwhelmed and stressed.
    There are many properties that require lots of attention eg room by room leasing while others like ground leases require almost none.
    I have a tenant that i have issued a invoice for the next 12yrs
    It is unlikely I will talk to them for another 12yrs (in fact i have never even meet the tenant ....if i did not rent a room in his tenancy I would not have even been inside! )
    No ...not a unlisted property company ...just a ordinary person who started started with a few cents and a dream (to own a house...because the parents only rented)
     
    Beano, 23rd Jun, 2017
    #66
  7. dabbler

    dabbler Well-Known Member

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    Yeah, well that makes sense. Sometimes you can't see the forest for the trees....then someone points them out :)

    I like the sound of managing the leases on 100 blocks of dirt only....
     
    dabbler, 25th Jun, 2017
    #67
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