Ways To Keep Good Records Managing Your Rental Property

When it comes to real estate property you must know how to keep good records and managing your rental property at all times. If you purchase one property, you might be able to get by with stuffing receipts and cancelled checks, but if you own multiple properties, you’ll need a better way to organize your finances or you will lost a lot of accounting.

No matter how little money you earn through rental income, you need to keep track of it for tax purposes. If you have only a handful of rental properties, you could probably track your rental income using a computer program.

If you have dozens of properties, you’ll probably be better off hiring an accountant. An accountant can not only free your time but also advise you on the best way to save on taxes and keep track of rental expenses.

Create a rent roll, listing the name of each tenant, the amount of rent paid , and the date when it was received. A rent roll enables you to track your monthly rental income.

Set up a folder for each rental apartment or house you own. In this folder, put leases, correspondence with your tenants, and a maintenance log that shows when repairs were made, how much they cost, and when they were completed.

By keeping such a setup, you can quickly track down documents as evidence in case you need to settle a dispute in court between you and a tenant.

Set up a separate checking account strictly related to your rental properties. When you receive your rental checks, deposit them in this checking account. When you pay the repair or maintenance bills related to the rental property, write a check from your rental checking account.

Now when you pay yourself, write a check to yourself from this checking account. By using a separate checking account, you can easily track the cash coming in and expenses coming out. Then you can see how much money you’re making from your rental property. A separate checking account tracks your income and expenses for tax purposes.

The Strange Sports Scene

Despite the Rutgers bowl victory last night and the reigning-Super Bowl-champion Giants` spot at the top of the NFC East, New Jersey still isn`t quite recognized as a sports powerhouse. Princeton, even less so. (No offense, eggheads.)

But a look at the long list of sports figures who made their way to the Princeton Sports Symposium earlier this month tells a different story.

In addition to famous faces such as ESPN founder Bill Rasmussen and Sports Illustrated senior writer Tom Verducci, Princeton grads Mark Shapiro (`89), executive vice president and general manager of the Cleveland Indians, and Caroline Lind (`06), U.S. rower and Olympic gold medalist, were part of the series of discussions about sports media and management. Current student and gold-medalist speedskater Joey Cheek (`11) sat alongside Lind during a talk about the Olympic games.

In the midst of such a recession, the world of sports occupies a funny place in our lives. Sports should seem less important, but they also seem to be a needed escape. The economy may have taken down some mighty CEOs, but the top athletes are still making record-setting salary deals. (Detroit can`t catch a break in either the business world or sports world, it would seem.)

The odd circumstance is reflected in some of the quotes to come out of the Princeton event. Sports agent Ron Shapiro, founder of Shapiro Negotiations Institute, had this to say: Ive seen it all economically over the past 50 years, and I dont think Ive seen anything quite like this. The guys who bought naming rights to the big stadiums are trying to figure out if any people are going to be working at their companies next year.

Bill Susetka, chief marketing officer of the Ladies Professional Golf Association, posed the question, “How does a company sign an athlete for ten million dollars then ask the federal government for a bailout? It defies the PR and logic sense of whats going on in the world right now.

A lot of things are defying logic these days. But, to be honest, I`d rather be gushing about a David Tyree catch than a reckless CEO falling from grace (and wealth). And the newspaper`s sports section seems to be the only part capable of occasionally bringing a smile to my face. So maybe those millions are well spent. (Except for yours, Stephon Marbury.)

Here`s hoping for some economic stability in 2009… and for those real-life sports dramas and heart-pounding final-second shots to continue give us something to cheer (or cry) about that has nothing to do with putting food on the table or money in the bank.

Alyson Faraci and Edward Faraci Jr. Own The Laundry Room In Cromwell, CT

Alyson Faraci and Edward Faraci is a couple from CT who are also co-owners of The Laundry Room in Cromwell, CT. They have owned and operated this store for 5 years. The Laundry Room is a coin-operated store located in a convenient mall in Cromwell, CT. The store has a wash dry fold service for customers and also a drop off for dry cleaning and shirts.

Edward Faraci Jr. is also a trained sportsman who has more than two decades of experience in training and breeding Springer Spaniels. Over the years Edward Faraci Jr. has also participated in dog training competitions and won awards all over. A trained scatter gun shooter, Edward Faraci Jr. has participated in National Championships for Springer Spaniels. Given his experience in training Springer Spaniels, Edward has also been honored as a judge in various competitions for Springer Spaniels.

Edward Faraci Jr. was born in Middletown, CT in 1964 to Edward Faraci Sr. and Esther Faraci. Edward was interested in sports from an early age and he showed great interest in football, baseball and several other games in his school years. Edward graduated from high school in 1982 and operated two family owned Mobil Gas Stations for fifteen years and also managed and operated two auto repair shops that were highly successful.

Edward Faraci Jr. has also participated in US Olympic Skeet Shooting Team. An able instructor, he held the post of head instructor for National Gunners safety courses through the country. For more than ten years, he has been an active DJ in Middlesex County. Edward has also owned and operated Laundromats throughout the country. Edward lives in Middletown, Connecticut with his wife Alyson Faraci. With his passion for sports and talent for training and breeding Springer Spaniels, Edward Faraci Jr. has become an inspiration for the youngsters in the community.

Reasons Why Healthcare Public Relations Is Essential For Your Healthcare Business

Get Ahead Of The Competition
In this competitive world, Healthcare PR is a necessary component of any business related to the medical field. Whether its hospital public relations, a firm of doctors, or a business offering hospital quality equipment, a company must fight for a place in today’s competitive marketplace. Healthcare PR Agencies help a business to communicate, as well as push the public to recognize a medical firm as on par or even superior to its fellow competitors.

Healthcare PR Is Cost Efficient
Advertising is costly. These days it is difficult to know who that target audience is and which advertising will actually reach the intended audience. Public relations campaigns, on the other hand, deliberately reach out to all types of media. They also utilize the external and internal communication. Specialized PR firms seek to get a message to many different people in a variety of up and coming ways, such as blogs and social media, community outreach, advertisements both on and off line, and more.

Stop Controversy Before It Starts
When it comes to public image, business experts agree that the best defense is a good offense. Obviously no medical firm is perfect, and it is not enough to be ready to respond with the facts when the firm’s reputation is questioned. So to earn the good will of the community, hospital public relations agencies ensure that a firm is recognized for the good work that they do. Then, if a controversy arises, the healthcare business or hospital is not condemned by the public court of opinion via the media or potential customers. A health-related business needs to create public trust, and healthcare PR companies often make that happen.

Sustaining a Client Base
Last but not least, healthcare PR Agencies help healthcare businesses to create and maintain a large client base. Using unique techniques to reach the public at large, heatlhcare agencies will always keep the firms name in the mind of the public. Its just too easy to be forgotten, but a good public relations agency wont let your firm lose its client base.