Management of real estate portfolios is crucial because many corporations own large amounts of real estate assets. A portfolio could contain thousands or hundreds of properties. These assets can be managed in many different ways. These include using various computer database systems. These methods are not without their limitations. Most systems don't provide a prudent due diligence analysis. A benchmark is also not available to help clients compare their sites with market counterparts.
Another problem with these existing systems is that they do not give corporations what they should be paying for. Large corporations may own hundreds of properties. Each property has its own expenses and unique beginning and ending dates. This can mean that different expenses can escalate at different rates. This could also indicate that other expenses are included in the expense calculation but not included.
This invention is a tool to enable commercial real-estate managers to optimize their existing portfolios. This invention consists in a financial analysis method that projects future expenditures for individual leased assets. This method takes into account rents, property expenses, as well as other costs associated with leased property over time. The invention generates a cost comparison per site when these numbers are compared with the market value of comparable property (called market comps). The managers can use the results to set a benchmark.
This invention also has the unique ability to optimize a geographic region rather than just a single city. The invention can also be used to optimize other real estate transactions. The invention doesn't rely on generalized metrics. It uses eight specific cycle models in order to calculate the cyclical effects on key investment variables. Each of these models presents an analytical definition of a cycle and provides insight into some aspect of investment timing.
The invention will provide results in a visual format, as well as the financial analysis method. FIGS. 14A to 14E, large company managers can view a 50,000-foot view of their current portfolios. Users can set threshold limits colors to identify properties that need attention. You can also drill into each Site to view the dashboard and determine the location of individual property locations. The invention can help corporate managers to properly evaluate their commercial real property lease portfolios using a combination the above features.
The invention is based on the recognition that prior art systems don't provide enough support for commercial real-estate managers to accurately assess their portfolios. Instead, they assume a fixed, unchanging cost of the leased asset, which leads to failure to optimize.
FAQ
How many hours does it normally take to complete a typical DIY project?
The average DIY project takes anywhere from two to four hours. The length of the project will vary based on its complexity and difficulty.
What is the distinction between a handyman & a carpenter
Handymen can be hired to help with a variety of projects such as painting, plumbing and electrical installation, cabinet making, flooring, tile, kitchen remodeling, furniture assembly, and cabinet repair. Carpenters specialize in woodworking. They can build cabinets, walls, doors, windows, stairs, decks, roofs, fences, sheds, etc.
What's the time taken by a handyman for a project to be completed?
It depends on the project's size. Smaller projects tend to take longer to complete, while larger ones usually take less time. No matter how large the project is, a handyman can finish it in less than a week.
Statistics
- More than 20% of homes in America have outdoor living spaces, including decks and patios. (mrhandyman.com)
- An estimate was that in 2003, the market for home maintenance and repair spending was up 14% 2001 to 2003. (en.wikipedia.org)
- A franchise was approximately $110,000 with a franchise fee of $14,900, according to a spokesperson for a national handyman franchise. (en.wikipedia.org)
- According to the U.S. Bureau of Labor Statistics, in May 2020, there are 1,357,630 handymen employed in the U.S.. (angi.com)
- Our handyman services for seniors are provided by professional senior helpers who have been serving the community for over 20 years with 98% customer satisfaction. (cantatahomeservices.org)
External Links
How To
How to replace a broken window
It is one of the most commonly performed home improvements. This involves fixing any damage caused by the glass. The repair should take approximately 30 minutes. If you don't know how to replace broken glass, you could cause more damage to your home. This article provides tips for how to replace broken windows.
First step: Take the glass out of its frame
To take out the old glass, first remove the screws that hold it in place. Then undo the lock at the top center of the bottom section of the window frame. Next, pull the window up slightly so it's no longer attached to the sill plate (the metal bar below the floor). Use a plier to loosen any remaining screws. After the panes are taken off, thoroughly clean them.
Step 2: Clean the new glasses
Use a dry towel or paper towel to clean the glass. You can clean the glass with a spray bottle containing water and rubbing alcohol if there is any debris underneath.
The third step is to reinstall the glass
Attach the window frames to the panes. Begin by pressing down on the outermost pane's lower edge with a screwdriver. Gently push down on the lower edge of the outermost pane with the tip of a screwdriver. Move on to the next piece of pane. Push it into the opening in the frame. Continue to insert the panes until you have assembled the whole window. You can seal the spaces where the panes meet using a silicone caulk pistol.
Fourth step: Repair the damage
Inspect the area around the hole when installing new glass to see if any repairs are required. Install two pieces of small wood on each side of any hole if the break was near the corner. These wooden blocks will add strength to the window while also acting as spacers to keep the glass in place during the expansion and contraction of the weatherproofing material.
Fifth step: Seal the repaired area
After the glass is replaced, apply silicone caulking to all edges of your window frame. This will create a strong seal between glass and surrounding wallboard. You can find silicone caulking in hardware stores and online. You should choose a color to match the wall paint.
Allow the caulking to cure overnight. Do not disturb the caulking until it has hardened completely. You could crack the caulking if you wait too long.