By . Tracking Spreadsheet. At Tuesday, April 27th 2021, 03:43:13 AM.
Since this is a residential rental apartment building it makes sense to include rental income in your real estate spreadsheet. Thats obvious. What isnt so obvious are things like interest on tenant deposits, subsidies, tax refunds, etc. When youre building the spreadsheet you need to estimate when those revenues will arrive, and that relates to the number of tenants, the rental rates you charge, how long the lease term is for each tenant, etc. You also need to assume some late payments, evictions, and vacant units. If you havent invested in the area before this can be a challenge. You can gather data on that by speaking with local real estate agents, lenders, and tax agencies, or subscribe to an industry database that covers the local area. In most locations you also need to consider taxes. Are these charged up-front? As part of the mortgage loan payments? How frequent are they? When do they actually need to be paid? Are there any accounting costs? Can you use any tax credits or breaks? How do you calculate depreciation if that is a tax deduction? Taxes can be quite complex and you need them in your calculations or your investment value estimates will be incorrect.
Therefore, if you know nothing about spreadsheets, perhaps its about time you undergo a spreadsheet training. And training does not have to be too expensive. While attending a seminar or an actual course would be the best method, you can also learn through books and other study guides. It is actually your preference but studies have shown that with most computer programs, people learn better when they are personally coached. Also, just imagine the amount of paper you would be using all year round just to store all of those data and numbers. You can do Mother Nature a good turn by switching to using electronic spreadsheets instead of manual options. And if it is not the ease of use or the speed of the calculations that you are after, at least you would see the benefit of the automatic formatting features that come with any spreadsheet software. Now you can easily have very presentable spreadsheets done for you as you type your data inside the cells. You do not have to worry too much about the look of your spreadsheets, especially if you are presenting these to your clients. These and many other reasons would surely prove to you why using electronic spreadsheets would do great things in your office. That is why if you or your employees are not that skilled with this type of software, then you should get a spreadsheet training today and start mastering this program.
If you know whether or not a person has an STD before you have sex with them, you can make a better decision about whether or not you still want have sex with them and about using condoms. Having unprotected sex increases your risk of contracting STDs like chlamydia, genital herpes, gonorrhea, HIV/AIDS, HPV (Human Papilloma Virus) and syphilis. Aside from abstinence, using condoms consistently and correctly is the best way to avoid contracting an STD. Condoms should hug the penis to avoid slippage during sexual intercourse and you should avoid using condoms that are ripped or torn. Avoid using oil-based lubricants like lotion or petroleum jelly that deteriorate latex, rending a condom useless. The trouble with having multiple sexual partners is that many STDs are asymptomatic, meaning they show no signs or symptoms. So you or your partner could have an STD and not even know it. This is why STDs are spread so easily and why STD testing is so important.