Many begin the dream of becoming an entrepreneur by running their business out of their home. Reason can range from saving on expenses, or they simply do not need a lot of space to run their business. For Jennifer Manriquez of the Bilingual Fun Co., she found working from home provided a perfect balance between family and career. “At the moment, the home-based setup is the right balance for me. With my young children’s busy schedules and daily lives, the flexibility it provides me is definitely worthwhile.”The reality of a home based business owner is facing the day they outgrow their home office. Unfortunately for some, that day arrives much faster than expected. Therefore, it is important to remain sensitive to the signs that your home is no longer the place for an office. Have a plan in place to identify the warning signs so that you can be prepared.Product based businesses can easily expand beyond the walls of a home. When the dining room table and/or family room have become your warehouse, this may be a sign you need a separate warehouse or possibly expand to a store front.The flow of customers and vendors through your front door may also be an indication that an alternate location may be needed. The increased traffic may be an issue for your family, but many neighborhoods and homeowners associations do not permit this type of traffic. It can also be an issue with your business and/or homeowners insurance and the amount of liability coverage for which you are protected.An outside office may be more conducive if you struggle separating yourself from your work. If you find you are sneaking into your office after dinner to catch up on a few things or you spend a few hours here and there on weekends working on projects. For some, it is easier to have a defined separation between work and home locations.As your business grows, there may come a point that you need to add staff. A home-based business can pose many challenges if you need your employees to work in close proximity to yourself. As Jennifer Manriquez sees in her plans, “I envision more space for additional employees one day. I have found that I am more productive if I am able to delegate some of the tasks that are very time consuming. I would like to have an office space specifically for my own staff so that they have the resources, materials, and space for completing the necessary work”. Again, your homeowner’s policy may not cover liability exposures for your employee’s, therefore; you will need to have a separate work location once you bring employees onboard.When you get to the point of exploring possible locations, assess what type of an office you need. Look down the road for future needs to prevent frequent moves. Will you be adding staff within the next year or two? Will you need additional space for additional equipment as your business grows? If so, keep that in mind so you have a location for expansion, otherwise, you will incur additional costs and headaches in moving.Consulting with a commercial real estate agent will provide you with the expertise to find a location to suit your needs and help negotiate the best cost per square foot. They will also help navigate the many contractual agreements to consider in a lease, such as, build-out expenses, utilities, security, maintenance, and rate increases. Successfully choosing your new location for your business will help your business become more successful.

Who would have thought that home based business ideas would become some of the most sought after sites in Google history? The financial upheavals of the last few years coupled with increased computer access have left unprecedented numbers seeking alternative income. With such a broad range on offer, what are some of the internet home based business ideas that just about anyone can do?Here are a few taster ideas for you:1) Affiliate Marketing with Amazon. If you love to sell but don’t want the hassle of storing and posting goods, this may be the right option for you. Amazon were the first company to offer payment for purchases made on their site. Bloggers and website owners can earn up to 10% commission for every buyer they refer who makes a purchase from Amazon.com. Since they are such a trusted and well-known name, it is not difficult to promote their products. You can now create an online store to feature on your website. This is a completely free business to join and easy to use. Check out Amazon Associates.2) Become a virtual assistant. The amazing thing about owning an internet home based business is that you can live on one side of the world and work for someone else on the other. A virtual assistant is basically an internet secretary or admin assistant who works on a secure internet web site instead of an office. You would be employed to run an office online for your client and your office chores would be the same as for a bricks and mortar business: taking phone calls, sending emails, typing documents etc. Check out virtual assistant websites for more information.3) Handicraft Expert. At first glance, you may think this is a mistake; how can just about anyone do handicrafts over the internet? Well, it is not that difficult. The internet gives a unique opportunity to set up an online store in your own particular niche. Although you may not be the one doing the handicrafts, if you have all the knowledge you can set up as expert and share your tips, patterns and techniques. Having your own online store will also give you the chance to create and sell ebooks, step-by-step guides or reports (you would be amazed at how many people want to build a chicken-coop, for instance). Charging an appropriate fee for each item will give you good residual income as you continue to learn new skills to write about. Research sites such as Etsy and Revelry.Whatever idea you choose, it is important to remember that marketing your internet home based business correctly will make the difference between success and defeat. In such a competitive market, how will you make yourself visible amongst all the millions of pages on the net? Go make yourself a coffee, pull up a chair and click on the following link now http://www.earnyourwealth.co.uk to find out how iMMACC will train you to maximise both your business and income. I hope these internet home based business ideas that just about anyone can do have given you food for thought. 

1. Sales SupportOne of the first things I always recommend people consider when looking for legitimate home based businesses, is to evaluate if the opportunity in question has a sales support where any questions can be asked. Having this provides you with the opportunity to asses the business model and personally evaluate proof of its legitimacy as opposed to being an automated site or program that just collects money in exchange for some potentially ‘out of date information’.The best home based businesses will not only offer sales support, but also make contact when you are ready to further your purchase and determine an action plan which is right for you.2. Forum NetworkThere’s nothing worse than executing a new task or system to be left with a bundle of questions and nobody to speak with. All legitimate home based businesses should offer a forum network for you to collaborate and exchange ideas with others who are doing the same things.Having a forum network will enable you to quickly overcome issues or difficulties you may face along the way by asking others if they have experienced any of the same. A forum is also the best place to measure your results against other similar people.3. History of Members/UsersTestimonials have and will always be a great marketing tool for anyone but having the ability to speak with someone about their successes in their home based business gives you the ability to determine what level of expertise is needed, how they have found their journey so far, any challenges they may have had and what they can do to assist you in yours.4. Leaving The Emotions On The SidelineBeing open minded about things is a great start when searching for legitimate home based businesses but learning to leave your emotions on the sideline is another. Just as an avid real estate investor will advise when purchasing investment properties, ‘don’t let your emotions get in the way’. The same goes with any opportunity you may be seeking. Keeping a level head and not allowing yourself to be whisked away by what the opportunity is offering, is key to finding the right road. Do your due diligence and understand the necessary investment of money and time that is required to reach your desired goals.5. Offering The World For Little CostMany times if something sounds too good to be true then chances are your gut feeling may very well be serving you correctly.Unfortunately many work from home businesses guarantee what seems to be the world for very little. The truth to the matter is that, like any successful person will tell you, building a profitable business takes time and money. Promising millions for very little of your time and or money generally does not reflect legitimate home based businesses correctly.There is definitely a great deal of money to be made in the home based business industry, but there are also skills that need to be learned. The great thing is, once learned you are able to leverage these skills for grew returns on both your time and money.6. TransparencyWhen ever we go into a news-agency we all love to flick through the magazine before we read it right? Why do we do this? It’s because we’re looking for more information and would like to know a little more about what we are buying first. This is our human nature for wanting to know what we are investing our money into first.The same goes with any work from home businesses. The best home based businesses should be offering you a chance to check out the system and possibly take it for a test drive so that you may assess it’s suitability for yourself.So during your search for legitimate home based businesses be sure to keep each of these keys in mind to ensure that you end up partnering with the right opportunity for your needs and circumstances.

Property Management is a career profession. The industry allows for employment growth, continual learning experiences, and the opportunity to work with diverse people and income groups. The Property Manager can work either directly for an owner of real estate properties, or for a property management company, contracted by an owner or legal entity to care for the real estate over a specific period of time.

The Property manager has a fiduciary relationship with the management company and property owner. A fiduciary relationship is one that is based on a mutual trust and complete confidence in one another.

The Property Manager is provided an owner’s real estate portfolio to manage to its “highest and best use” in exchange for an employment contract or salary. Real estate assignments for the property manager includes apartment buildings, condominiums, hotels, storage facilities, shopping centers, office buildings, government subsidized properties, rooming houses, abandoned buildings and plots of vacant land, to name a few.

I have managed almost all of the above types of properties for over twenty years. I have managed public and private housing, for non-profit organizations, for the federal government, and for private developers and real estate investors. I also owned my own property management company for eight years. I now teach, speak, and write about property management standards and techniques. Here are some crucial skills, which I know from first hand experience, must be accepted as required attributes and learned skills in order to be a good property manager.

1. Must Know and Stay Current on Local Ordinances and State Laws

Managers are required to perform their work according to the laws of the land. The government (city, state, and federal) dictates how real estate is to be managed, from requiring a real estate license (depending on the state), to the use of the real estate (such as rent control laws). From proper trash removal to how and where we must keep security deposits, the manager has to keep abreast of the many legal requirements of managing real estate. If a mistake is made or a task is forgotten, it could cost the owner his or her property, and/or a management company’s reputation, loss of the account, or even the loss of real estate licenses.

2. Must Be Highly Ethical and Honest

Property Managers work on the Honor Code when they handle other people’s money. By collecting rent, security deposits, laundry machine money et al, the property manager holds a fiduciary relationship with the property owner and/or management company. The owner entrusts the property with thousands of dollars each month, plus the value of the real estate itself. The manager is hired to perform at his or her highest level of integrity. On a daily basis, the property manager’s good judgment and sense of what is right and wrong is called into play.

3. Must be Detail Oriented and Organized

Managers collect the rent daily, and must ensure that each rent is paid and posted to the tenants’ account as received. Financial records detailing each and every rent transaction are kept, either by rent cards, or on the computer. Lease expirations and renewals, rent increase letters, and rent invoices must be mailed on time. lines for court appearances must be kept, and clients must receive their written monthly report of operations. A skilled property manager is able to multi-task, keep site files organized, and prioritize repairs and assignments.

4. Must Have Good Communication Skills

Managers must be able to communicate with people from all walks of life, cultures, ethnicities, and personalities. Managers must be able to articulate their cases in front of judges, talk to the owner, negotiate with vendors as well as speak appropriately with tenants, who are often frustrated, upset, or angry. A good manager must be able to stay calm, and communicate in a professional manner. Familiarity speaking in other languages is always a plus.

5. Must have Good Computer Skills

Computer competency is a technical skill, like driving, typing, etc. The use of email, mail merge, and faxing through the computer is at the heart of property management today. This is especially true if the property is on one part of the city or state, and the home office is a distance away from the site. If a manager does not have a solid command of the computer and its basic programs, such as Microsoft Word and the spreadsheet Excel, you may be hard pressed to find an administrative position in this field.

6. Should Like Working with the Public

If everyone paid the rent on time by the fifth day of each month, the manager would not have rent collection work to do. If a property never had problems, such as toilet overflows, lost keys, or defective smoke detectors, a property manager would have little to do. Therefore, it is important that a manager enjoy dealing with people with problems. A manager should at least like helping tenants with dignity, and in a responsible manager. If you do not like being interrupted several times a day with a dilemma to solve, this type of job may not be for you.

7. Must Be Patient and Have a Sense of Humor

There is some pressure involved working with the public. There are days when nothing seems to go right, and if you happen to have a headache that day, it could be a long 9 to 5. A calm personality or a good sense of humor will take you a long way in property management. If you tend to be high-strung, anxious, or become angry or impatient while working with tight deadlines or with people with problems, you may want to re-consider taking on this profession.

8. Must Like to Read and Conduct Research

There are many types of leases, agreements, forms, and other legal documents that must be signed between tenants, the manager, government agencies, the site attorney, and/or the owner. Real estate and governmental regulations change; the manager must be willing to read up on them and stay current. Documentation must be read and checked before submitted to tenants, agencies, the owner, etc. If you do not like to read in order to keep up with the latest trends, legal and industry changes and terminology used, you will not be able to properly do your job.

9. Must Have a Strong Sense of Duty and Commitment

Ensuring that the tenants under your control are treated with respect, have heat and hot water, are not subjected to or committing illegal activities or disruptive behavior of their neighbors, are some of the managers’ duties. Tenants depend on the manager’s sense of obligation to the property and the families or professionals who live in it. The manager may not always have the funds to do everything all the time, but what can and should be done, such as keeping the building clean, and having a sense of urgency to get work completed in a timely manner.

10. Should be Flexible-Minded

Property Management is a fluid profession, in that it follows economic, governmental, industry, and societal changes that impacts how a property is managed. Managers who still like the “good old days” of mistreating tenants and making rental applicants jump through unnecessary hoops to get an apartment (or the opposite, by not checking anything), will find him or herself out of touch, and maybe out of a job. The ability to accept changes of law, obey fair housing laws, have a positive, or at least a neutral, attitude about people who are different, and above all, to be open-minded, is a key element of a successful manager.

11. Must Be an Excellent Follow-Up Person

A manager can never assume that a repair or rent payment plan will happen on its own. Our mantra is: “Follow Up, Follow Up, Follow Up!” This is one of the most critical skills of a good property manager. The ability to multi-task, keeping several balls in the air without dropping any of them is challenging, and difficult at times. The ability to successfully multi-task is often rewarded both financially and in promotion decisions.

As an Arizona real estate lawyer I have met with hundreds of people who have questions about real estate transactions they are involved in or considering getting involved in. Many of these questions surround the myriad of documents that are typically associated with the purchase of real estate. One of these documents is the Preliminary Title Report.

Most people who purchase real estate will review dozens of documents that they are expected to understand before closing the deal. The Preliminary Title Report is prepared by the title company selected by the parties and/or the lender who will be financing the purchase, and it constitutes an offer on the part of the title insurance company issue a title insurance policy covering the real estate at issue, subject to the exceptions stated in the report.

The exceptions really are the primary points of interest for the buyer who is evaluating a property, and buyers should reserve the right to cancel the transaction pending the opportunity to review and approve the title report and the stated exceptions. These exceptions may indicate potential problems with the property, so it is vitally important for the report to be carefully reviewed and understood as soon as it is received. The exceptions identified in a Preliminary Title Report are the same items that will be shown as exceptions to coverage in the title insurance policy upon closing, subject of course to changes that may occur before the time of closing (hence the designation as “preliminary”).

The report is issued in response to an application for title insurance,typically for the purpose of facilitating due diligence requirements and confirming the availability of a policy in a form and content approved by the parties to the transaction. In some instances a party may wish to understand what defects or problems exist associated with title to a certain property, but not necessarily in connection with a contemplated sale or purchase. If that is the case, instead of requesting a Preliminary Title Report, the party should consider a Condition of Title Report, which will identify the same items that would be listed as exceptions, and which is generally less costly.

Significantly, the Preliminary Title Report disclaims liability and typically states that it is being provided solely to facilitate the subsequent issuance of a title insurance policy. Prior to that issuance, the title insurer purports to assume no liability for errors in the report. In other words, any claim asserting a defect in title must be made under the title policy and not the Preliminary Title Report. The Preliminary Title Report includes a number of items, including the exceptions referenced above. These items include:

The legal interest interest in the property that is to be covered.
The legal owner of the estate or interest who is to be insured under the policy if and when it is issued.
The legal description of the parcel of land involved.
The exceptions, including liens, judgments, claims, encumbrances and other risks or potential risks, which will not be insured against if a title policy is issued.