Managing Your Property
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 2 months ago, 09/16/2024
Property Management Question- Accounting
Is there a need for accounting and limited property and CAM management on commerical properties?
- Residential Real Estate Investor
- Kansas City, MO
- 4,828
- Votes |
- 10,010
- Posts
If there are common areas in the commercial property, then sure you would need to do the accounting regarding who pays what and what's collected among the various tenants.
- Real Estate Broker
- Cody, WY
- 40,168
- Votes |
- 27,294
- Posts
Quote from @H. Jack Miller:
Is there a need for accounting and limited property and CAM management on commerical properties?
Are you asking if there is demand for software? I believe so. There are software platforms available now.
- Nathan Gesner
- Real Estate Broker
- Cape Coral, FL
- 939
- Votes |
- 1,630
- Posts
Are you talking about Multifamily, retail, industrial?
- Adam Bartomeo
- [email protected]
- 239-339-3969
Quote from @Nathan Gesner:
Quote from @H. Jack Miller:
Is there a need for accounting and limited property and CAM management on commerical properties?
Are you asking if there is demand for software? I believe so. There are software platforms available now.
Yes -plenty of software, but getting good people who know what they are doing is another thing..
- Real Estate Consultant
- Lehigh Valley PA & New York City
- 620
- Votes |
- 1,279
- Posts
Quote from @H. Jack Miller:
Quote from @Nathan Gesner:
Quote from @H. Jack Miller:
Is there a need for accounting and limited property and CAM management on commerical properties?
Are you asking if there is demand for software? I believe so. There are software platforms available now.
Yes -plenty of software, but getting good people who know what they are doing is another thing..
There are definitely a need for accounting and CAM management. Yardi Voyager offers it and since it is commercial properties, Yardi kind of taken this market. Not many accounting and PM software do this but any accountant who understands PM and CAM will know what to do.
I've done my fair share of CAM recs.
- Simon W.