Because most companies have large real estate portfolios, it is vital to manage them. Your portfolio may include hundreds, or even thousands of properties. These assets can be managed in a variety of ways. These include using various computer database systems. These methods have their limitations. Many systems do not offer a prudent due-diligence assessment. They also do not have a benchmark to compare client sites against market comps.
Another problem with these existing systems is that they do not give corporations what they should be paying for. A typical large corporation may have hundreds of properties, each of which has its own unique starting and ending dates for its expenses. Different expenses can go up at different rates. It can also mean there are many other types of expenses that are not included in the basic expense calculation.
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 combines rents, property expenses, and other leased property costs 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.
Another unique feature of this invention, is the ability optimize a geographical area rather than just a specific city. The invention can also be used to optimize other real estate transactions. Rather than relying on generalized metrics, the invention uses eight specific cycle models to calculate cyclical impacts on key investment variables. Each model presents an analytical definition and insight into investment timing.
In addition to financial analysis, the invention will also display the results in a graph format. FIGS. Large company managers have access to a 50,000-foot view with the dashboard in FIGS. 14A through 14E. Users can adjust the threshold limit color to help identify properties that require attention. You can also drill down on each Site and use your dashboard to find the locations of individual properties. Using a combination of the above features, the invention can assist corporate managers in properly evaluating their commercial real estate lease portfolios.
The invention was born out of the realization that prior art systems were not robust enough to properly evaluate commercial real estate managers' portfolios. They instead assume a static, implicit cost of the lease property. This results in failures to optimize.
FAQ
How long does it take for a handyman complete a project.
It depends on the size of the project. It takes longer to complete smaller projects, while larger projects take less time. The average handyman will finish any size project within one week.
Are handymen insured?
Yes! Most insurance companies cover liability claims up to $1 million for accidental property damage and bodily injury. This means that your insurance company will compensate you for any damage caused by an accident during the project.
What happens if a handyman causes damage and I am unsatisfied with his work?
If anything goes awry during the project, you'll need to inform him immediately. It is best to take photos and write down the details. Call your insurance company, and make a claim.
Statistics
- 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)
- 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)
- With a strong housing market, the handyman and general maintenance worker industry are expected to grow by nearly 10% in the next decade. (housecallpro.com)
- 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)
External Links
How To
How to fix a leaky outdoor faucet
This problem can be fixed by using a water pressure booster, also known as a diverter or valve. You can control the flow of water from your house using this device by switching on different outlets. This device helps to keep your pipes clean as any excess water that is emitted from an outlet will be pushed into the drain. Flip the valve again when you are using the bathroom. Next, contact a plumber to discuss the problems with your plumbing system. He will come out and check things out for free.
1/2" copper pipe: This copper pipe is expected to last 50 years. However, it is important to keep in mind that your hot water tank should be vented through an attic window and not through a vent chimney. Most building codes require a vented water heater.
Additional costs could be incurred for repairs to electrical wiring. The homeowner may be responsible for the cost of repairing any damage to walls or ceilings caused by the removal of the old fixture. It is possible that the fixture has been damaged beyond repair depending on how long it was used. In these instances, the homeowner might spend thousands of dollars to repair the entire structure.