Triple Net Leases Explained: The True-Up That Blindsides Tenants скачать в хорошем качестве

Triple Net Leases Explained: The True-Up That Blindsides Tenants

Hello Landlords & Bookkeepers! Mastering CAM reconciliation and understanding commercial leases is essential for every landlord to maintain cash flow. In this guide, I explain how to calculate Common Area Maintenance (CAM) charges, explain Triple Net (NNN) structures, and show you how to avoid costly "true-up" mistakes. In this video, you will learn: The "What": What exactly is a Triple Net (NNN) lease vs. a Base Year lease? The "Why": Why January is the most critical month for your CAM reconciliations to avoid "sticker shock" for tenants. The "How": How to calculate proportionate shares and handle the year-end true-up process. I’m breaking down the most common commercial lease structures and showing you exactly how Common Area Maintenance (CAM) reconciliations work so you don't leave money on the table. With over 15 years of experience in commercial real estate bookkeeping, I’ve seen how easy it is for landlords to fall behind on "true-ups." I’ll explain why January is the critical time for your reconciliations and how to avoid giving your tenants a massive, unexpected $30,000 bill. Click here to download the pdf I use in the video. https://mailchi.mp/hvbookkeeping/comm... ❕Book a Complimentary 15 minute Consultation with Laurie❕ Click the link to Schedule🔽 https://book.squareup.com/appointment... Visit our website: https://hvbookkeeping.com/real-estate... _______ FREE Downloadable Resources for You! ⬇ ⬇ ⬇ ⬇ ⬇ ⬇ ⬇ ✔Landlord Chart of Accounts: https://mailchi.mp/deeeabc1da5e/kvxd6... ✔Petty Cash Explained PDF https://mailchi.mp/hvbookkeeping/i1j2... ✔CAM Spreadsheet/Reconciliation Workbook: https://mailchi.mp/bcf2cfdb5e15/cam-r... ✔Sample Property Management Statement: https://mailchi.mp/84e8e387b867/g74df... ✔Understanding Commercial Leases PDF https://mailchi.mp/hvbookkeeping/comm... _______ Do you need more guidance setting up your QuickBooks? We do QuickBooks COACHING on Zoom! Email me at📩 : hello@hvbookkeeping.com Call me at📱 : (914)294-2316 _______ 00:00 Start 00:25 Commercial Leases 01:32 Triple Net Lease 04:35 Double Net Lease 06:00 Single Net Lease 06:14 Base Year Lease 09:55 Modified Gross Lease 10:36 Absolute Net Lease 11:30 Ground Lease ❕Check out our 2️⃣0️⃣2️⃣4️⃣ QuickBooks Online Landlord series:❕ Part One:    • New to QuickBooks Online? Here's How Landl...   Part Two:    • 2024 QuickBooks Online Setup for Landlords...   Part Three:    • Organize Your Landlord Expenses Like a Pro...   Part Four:    • QuickBooks Setup Part 4: Property Assets D...   Part Five:    • Stop Making This Mortgage Mistake in Quick...   Happy Bookkeeping! Coaching With Laurie ⬇ __ How the Coaching Sessions Work: Sessions have a minimum of one hour and a maximum of two hours. ⏰ Sessions are conducted via Zoom. 💻 The session will be recorded and sent to you for future reference. 📸 __ Scheduling: I always like to speak with the real estate investor before we meet, so I fully understand his/her needs and concerns to make the most out of their QuickBooks Coaching Session. If you are interested, please: Email me at📩 : hello@hvbookkeeping.com Call me at📱 : (914)294-2316 __ Topics Covered But Not Limited To: Guided Setup for your QuickBooks File Chart of accounts specific to real estate. Learning the dos and don’ts of QuickBooks. Picking the correct version of QuickBooks for your needs. Guided QuickBooks Clean Up: 🧹 Fix the Balance sheet. Clean up duplicate accounts. Learn how to post in your own QuickBooks. Learn how to reconcile your bank accounts and credit cards. Property Purchase and Sales: 🏦 Posting a purchase or sale of a property. Learning how to post a flip property. Property Financing: 💰 Post a refinance of a property loan. Learn how to properly post your mortgage payment each month. Reconcile your mortgage statement each month.