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Run your Business, Run your Life,
From wherever you are -Right Now-
Using your Palm-Powered Smartphone
Editor & Publisher: Robert Lett
http://www.robertlett.com
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This Issue:
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* Announcements
* Real Estate Management. By Robert Lett
* Conclusion: Subscribe/Unsubscribe information/Company Info
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Announcements:
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This newsletter will give you tips and hints on using your handheld Smartphone
in place of your PC or laptop.
Have all your important files with you, 24/7.
Be productive, anywhere - anytime!
Issue: 18
01 February 2005
Feedback: Please email us with any comments or suggestions on what you want to
see in your ezine at: quest@robertlett.com
I just want to see if all 121000 of you are really reading this ezine, thank you
for your time.
Robert Lett eBooks
An Infinite Data Company
2286 E. Carson St. #151
Long Beach, CA 90807
http:www.robertlett.com
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Real Estate Management
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You can use the Memo-pad to cover everything you own - just to make it simple.
(The old KISS method = Keep It Simple Stupid). Each property in your portfolio
gets a separate file, and all of them are put under a category like "Prop
List". At this point it's easy to maintain and access what you own.
Even if you own or manage 20 or more, it can work great, and relieve a lot of
stress. If I get a call, no problem, even it I'm at the beach with my family,
all the files are with me. While I'm on the phone, I just look up which handyman
or warranty company I use for that particular property, and call them, get them
in connected with my tenant, and my job is done! That's all there is to it.
Well, of course, I still have to pay the bill. And theres always the option of
just going to the property and taking care of it yourself.
What you keep in the file is up to you. I keep loan numbers, payment and date
information, mortgage contact, property management contact, insurance contact,
tenant information, vacancy numbers/ratio's, maintenance records, handyman
contact, HOA and HOA maintenance contact,
and much more. I even have the paint name and numbers for each room in each
unit. If a tenant moves out and there is a little damage where paint touch up is
needed. No worrying about trying to match the paint, I just go by my home
improvement center and give them the name and numbers. A few minutes later, Ive
got the paint I need and Im on my way to the unit. I also keep an entire list of
household items in a repair file. While performing a walk-through inspection, I
can come within pennies of the repair costs for the unit, just by referencing
this repair file. I do have to keep the file updated about every six months or
so. Which isnt that hard, Im usually in the home improvement center about every
two months.
Home Owner Association (HOA) and HOA maintenance contacts are really a great
idea for Condo owners. Knowing what maintenance is covered by the HOA is a life
savor. You wouldn't want to pay your own handyman or plumber to do some work
that the HOA maintenance crew could have done for free! I've come across this
more than a few times. Many HOA's will not pay reimbursement to a non-licensed
handyman. And some HOA's will not reimburse a "Licensed Contractor"
fee if they deem it too high priced. Its just easier to have your contractor
contact you and then you contact your HOA administrator to find out what is
covered and what is not. This way you can avoid all expensive situations prior
to them occurring, anywhere anytime.
Next we'll cover some special units and software you can use as a real estate
professional, including Supra and eKey Display, Multiple Listing Service (MLS)
access systems.
Find anything in your portfolio in seconds, anywhere - anytime, send an email
with "ebook" in the subject to receive a free version of the ebook at:
ebook@robertlett.com
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An Individual Armed with Information
Controls the Course of Negotiation
Have it all with you, ANYTIME - ANYWHERE!
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