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Many individuals nowadays are leaving their desk jobs in place of becoming their own bosses by establishing home based businesses. However, the most common concern about establishing business from home would be the start-up resources as some of the would-be entrepreneurs are either cash strapped or would like to put up a business without having to lose the shirts on their back. This article will provide you with three low-cost home based business ideas that you might want to consider:TutoringTutoring is a low-cost business that works especially well for stay-at-home moms, home schooling parents or even college students who would like to earn a little something on the side. You can tutor students who are in need of help in their academic or even foreigners who would like to learn English or helping them study the subject. The key element of this home based business is your knowledge of the subject matter that you are offering. While a college degree or teaching certificate may not be required, you will still need to have full grasp of the subject that you are teaching, especially if you are planning to tutor high school or college students.Meeting and Event planningMeeting and event planning is one of the most lucrative yet easy to start home based businesses out there. The reason for this is very simple – an event regardless of whether it’s big or small will need preparation and for this, they will need the services of an even planner. The reason why it’s so popular among home based individuals is because they will be able to specialize. Say, you’re really good at preparing parties for children then a birthday event planner will suit you best. Or if you have the knack for preparing special solemn occasions like weddings, baptismal, or anniversaries then you can specialize in those specific areas as well. Be wary though as this business can have you working long hours and the competition can be tough as well.Freelance WritingThere has actually been a boom in this area of home based business as of late. The process is actually very simple and can get you started very quickly. By registering to various sites which will be able to post your qualifications for such a job, interested individuals will be able to contact you along with their requirements plus the compensation that they are offering. After taking the interviews or tests required, you and your client will come upon an agreement for which he may or may not send you a digital contract. The best part about this home based business is that you don’t actually need to have a lot of people or even equipments to get started. With a fast internet connection and a good computer you will be able to start working from home, offering your writing skills to the highest bidder – so to speak.These three ideas mentioned above are just examples, because there are many more low-cost home based business ideas that you will be able to find online. Take your time in searching for them and find out which one suit you best. Just remember to stick to only those that are considered legal as you might get into trouble if you’re not careful with the home based business that you choose.

Commercial property management is perhaps the busiest and most intense part of the property industry. The knowledge that the property manager brings to the task is significant and special. Putting it quite simply, these people work very hard and should be carefully chosen for the buildings they manage.

Are the best managers for the role sourced elsewhere or are they allowed to rise through the ranks and other roles in the office? The answer is probably both. Importantly the person chosen for the role has to handle investment strategies for the landlord and occupancy issues for the tenants. This requires solid intelligence and analytical skills.

Retail property is even more advanced on the skill level scale. So much damage can be done to a property if the manager is underskilled or not well supported. All this requires a reasonable fee base of course. If the management fees are a recoverable item in a lease then it is a no brainer for the landlord to chose the best people to manage their property.

Low fees for property management produce poor levels of control in the property. The landlord and the tenants suffer.

It is very important that the bosses and proprietors of real estate businesses choose managers carefully. A well selected person will do the following for the real estate business:

Stabilise the property portfolio so cash flow is optimised
Attract more property tenants to the building when vacancy is pending
Encourage landlords to grow their property portfolio into diverse and well performing property
Provide a diverse commission fee base from well managed property including lease fees, rent review fees, and lease options
Minimise the vacancy factors for landlords in times of property growth and or pressure
Optimise the performance of the building outgoings in parity with the trends of the market
Build a better business for the real estate agent proprietor
Help the landlord build a better property income base
Provide a building business plan that matches the targets of the property investor and the investment lifecycle that they require
A good property management portfolio is a significant source of saleable listings in the future.
So a commercial property manager, is an essential part of the professional commercial real estate business. I would even go so far as to say that the best salespeople were grounded in the industry from a base of commercial property management.

Yes the mindset of a property manager is totally different to that of a salesperson, however the knowledge that comes from the role is high and relevant.

The management job provides real experience in legal, marketing, negotiation, lease structures, outgoings management, and property performance. Salespeople do not normally get that diversity as they move through their career.

The mindset required by a property manager is one of the diligence’s to the daily management task, accuracy in financial analysis, excellent communication skills, and dedication to the landlords plans and targets. When a landlord is well served, the manager brings stability to the cash flow of real estate business. Extra commissions are possible though leasing, lease renewals, and rent review negotiations. The property manager also needs to be well versed in the negotiations and elements surrounding lease occupancy and enforcement relative to each property.

If you need to find a commercial property manager for your real estate business, select the person that brings a real future to the portfolio and can strengthen the relationships with your landlords. A commercial real estate portfolio can then grow from the skills of the property management team.