<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.assetsoft.biz/blogs/tag/financing/feed" rel="self" type="application/rss+xml"/><title>Assetsoft - Blog #Financing</title><description>Assetsoft - Blog #Financing</description><link>https://www.assetsoft.biz/blogs/tag/financing</link><lastBuildDate>Fri, 17 Apr 2026 06:57:18 -0700</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[Trust Accounting Without the Trauma: Leveraging Yardi for Queensland's Simplified Framework]]></title><link>https://www.assetsoft.biz/blogs/post/trust-accounting-without-the-trauma-leveraging-yardi-for-queensland-s-simplified-framework</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Trust-Accounting-Without-the-Trauma_Leveraging-Yardi-for-Queensland-s-Simplified-Framework_Squr.jpg"/>Queensland's April 2024 trust accounting amendments promised to simplify life for property managers, offering a welcome relief from the weight of administrative burdens.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_6O2gwnVQSvGbPuBE0L6Nvg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_Tj3Pv6AaRw2UcIFm__aVpQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_z2VMtZisS9SumYNlulifjw" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_rsEwCBwPq28bRntN5_IUKQ" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_rsEwCBwPq28bRntN5_IUKQ"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Trust-Accounting-Without-the-Trauma_Leveraging-Yardi-for-Queensland-s-Simplified-Framework_rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_4okavWm5QjSY4lTKoITMyw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><span>Queensland's April 2024 trust accounting amendments promised to simplify life for property managers, offering a welcome relief from the weight of administrative burdens. The move away from mandatory monthly reporting not only lightens the workload but also places a greater emphasis on having robust, always-on-compliance systems.</span></p><p><span>This is where Yardi transforms a legislative change into a decisive business advantage, ensuring your agency stays compliant, secure, and efficient.</span></p></div><p></p></div>
</div><div data-element-id="elm_Bs_1hRCXEHj8z5lQWnK0xw" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><b><span style="font-size:32px;">M</span>aster a Simpler Framework, Nationwide, with Yardi</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_rooMQyGb-EoVsK7CX44s6Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The new QLD rules remove the requirement for monthly reconciliations, but the core duties of accuracy and audit-readiness remain. For agencies operating nationally, this creates a new challenge: how to apply QLD’s simplified rules while adhering to stricter regulations elsewhere?</span></p><p><span>Yardi solves this by managing jurisdiction-specific rules within a single platform. This is a critical advantage for any agency with a footprint across <b>Australia</b>, ensuring your operations are compliant state-by-state without creating siloed, complex workflows.</span></p></div><p></p></div>
</div><div data-element-id="elm_nR88WxqsCyAuKZ-37H34eA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><b><span style="font-size:32px;">A</span>ddress the &quot;$2 million Risk&quot; with Confidence.&nbsp;</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_MXJsD9pDjbnGDVytv-LDwg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>A key part of the new legislation requires agencies holding over $2 million in client money to maintain a formal risk management plan. Yardi provides the essential tools to build and automate this plan:</span></p><ul><li><b>Live Threshold Monitoring:</b><span> Dashboards give you a real-time view of your total trust holdings, so you always know if you're approaching the $2 million trigger.</span></li><li><b>Immutable Audit Trails:</b><span> A permanent, unchangeable record of every transaction provides ultimate accountability and transparency for auditors.</span></li><li><b>User-Based Controls:</b><span> Prevent internal fraud by implementing separation of duties, restricting who can approve payments or changing payee details.</span></li></ul></div><p></p></div>
</div><div data-element-id="elm_2Bm3CDX37bPnGKAxbbJXVA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><b><span style="font-size:32px;">A</span>utomation: Your Shield Against Compliance Failure&nbsp;</b></b></span><b></b></span></h2></div>
<div data-element-id="elm__bQdzWTC-3XvtvQUAmKONg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Most compliance breaches stem from manual errors. Yardi’s automated reconciliation process eliminates this risk, providing a secure and confident shield against compliance failure. The month-end scrambling becomes a thing of the past.</span></p><ol start="1"><li><b>Direct Bank Feeds</b><span> automatically import transactions, removing data entry errors.</span></li><li><b>Intelligent Matching</b><span> instantly pairs bank activity with ledger entries.</span></li><li><b>Exception Reports</b><span> flag any unmatched items for quick resolution, ensuring nothing is missed.</span></li></ol><p><span>By running continuously, this process keeps your trust account in a <b>state of perpetual reconciliation</b>. You're not just ready for your annual audit; you're ready every single day. With Yardi, trust accounting finally becomes simple, secure, and stress-free.</span></p></div><p></p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 22 Aug 2025 06:02:31 -0500</pubDate></item><item><title><![CDATA[Your AML/CTF Countdown Begins: Preparing Yardi for July 2026 Compliance]]></title><link>https://www.assetsoft.biz/blogs/post/your-aml-ctf-countdown-begins-preparing-yardi-for-july-2026-compliance</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Your-AM-CTF-Countdown-Begins_Preparing-Yardi-for-July-2026-Compliance_Squr.jpg"/>July 2026 might seem like it's ages away, but if you're managing properties in Australia, that deadline should be at the front of your mind. AUSTRAC registration isn't optional; it's coming whether you're ready or not.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_qppMoZ4ETwauL2HyYyeQFg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_58ZJwjj-S8uCv1Q1v6XeLg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_Jem4-QxXTLOUX7pxWQ9Jug" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_2hILD-V_U9bkZD9g4dT7kw" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_2hILD-V_U9bkZD9g4dT7kw"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Your-AM-CTF-Countdown-Begins_Preparing-Yardi-for-July-2026-Compliance_Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_s3oC47eRQOemXVI7zPm4bg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p><span>July 2026 might seem like it's ages away, but if you're managing properties in Australia, that deadline should be at the front of your mind. AUSTRAC registration isn't optional; it's coming whether you're ready or not.</span></p><p><span>We've been fielding calls from property managers across the country, all asking the same question: &quot;How do I get my Yardi system ready for AML/CTF compliance?&quot; The answer isn't simple, but it's manageable if you start now.</span></p><p><span>Here's the reality: waiting until 2026 to figure this out is like cramming for an exam the night before. You might scrape through, but you'll pay for it in terms of stress, costs, and potential penalties.</span></p></div><p></p></div>
</div><div data-element-id="elm_oXnxV6SHq4ryKgFck1bUdg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><b><span style="font-size:32px;">W</span>hat Changes for Property Managers?</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_bUQBMq6kmOG9HXnO8p97oQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Let's cut through the regulatory jargon. As a property manager, you're now considered a &quot;reporting entity&quot; under the AML/CTF Act. That means three significant changes to how you operate:</span></p><p><span><br/></span></p><p><span>You'll need to verify who your customers are—not just names on leases, but proper identity verification with documents and checks: every tenant, every property owner, every person with a beneficial interest in your managed properties.</span></p><p><span><br/></span></p><p><span>You'll be monitoring transactions for suspicious activity. That $15,000 cash bond payment? The overseas transfer doesn't match your tenant's declared income. These need formal assessment and potentially reporting to AUSTRAC.</span></p><p><span><br/></span></p><p><span>Everything gets documented and stored for seven years. Not just the basic, every compliance decision, every risk assessment, every piece of customer identification.</span></p></div><p></p></div>
</div><div data-element-id="elm_r_50jIMs8G-jE0oGm5m68w" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><b><span style="font-size:32px;">G</span>etting Yardi Ready: The Technical Reality</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_J97cwt62ujJyTq4IN4h4Lg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Your Yardi system probably handles most of your daily operations beautifully, but AML/CTF compliance requires some profound reconfiguration. We've done enough of these implementations to know where the pain points are.</span></p></div><p></p></div>
</div><div data-element-id="elm_iLnGuuM6AVGvJbSmJ74EOA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><b><span style="font-size:32px;">C</span>ustomer Setup Overhaul</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_PlJMC8O7lrGhN2Q6ivPnWg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>First up: your tenant and owner’s onboarding process needs a complete rethink. Yardi's standard setup screens won't cut it for AUSTRAC requirements. You'll need custom fields for identity document types, verification dates, and risk assessment outcomes.</span></p><p><span><br/></span></p><p><span>We typically configure automatic workflow stops that prevent lease processing until all compliance documentation is complete. Sounds harsh, but it's better than discovering gaps during an AUSTRAC audit.</span></p><p><span><br/></span></p><p><span></span></p><div><p><span>The tricky part is beneficial ownership tracking for corporate tenants. Yardi wasn't designed with complex ownership structures in mind, so this requires creative use of the contact relationship features and custom reporting.</span></p></div><p></p></div><p></p></div>
</div><div data-element-id="elm_QuqfbfLb-hlSb799_oMSpA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><b><span style="font-size:32px;">T</span>ransaction Monitoring That Works</b></b></span><b></b></span></h2></div>
<div data-element-id="elm__YZPFI1-wQ_eL40KInlZfQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Here's where most property managers get stuck: setting up monitoring that catches genuine risks without drowning your team in false alerts.</span></p><p><span><br/></span></p><p><span>Cash transactions over $10,000 are obvious triggers, but the real challenge is pattern recognition. A tenant who suddenly switches from bank transfers to cash payments or receives rent from multiple third parties—these patterns matter more than individual transaction amounts.</span></p><p><span><br/></span></p><p><span>Yardi's GL Detail reports become your best friend here, but only if they're configured correctly. We set up automated monthly reports that flag unusual payment patterns, frequency changes, and source variations. The key is to build these alerts into existing workflows, so compliance checking happens naturally.</span></p></div><p></p></div>
</div><div data-element-id="elm_JGU4zasO1f2bqCQHyntnnQ" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><b><span style="font-size:32px;">T</span>he Seven-Year Storage Challenge</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_LvGpbqhR9ld45kEndwcvzw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Seven years of detailed record keeping isn't just about storage space—it's about accessibility and organization. AUSTRAC doesn't give you three weeks to find a document during an audit.</span></p><p><span><br/></span></p><p><span>Yardi's document management handles the basics, but compliance requires methodical folder structures and consistent naming conventions. We've learned that front-loading this organization saves massive headaches later.</span></p><p><span><br/></span></p><p><span>The bigger challenge is data integrity over time. System upgrades, staff changes, and technology shifts all threaten your compliance records. Proper backup strategies and access management aren't optional extras—they're compliance requirements.</span></p></div><p></p></div>
</div><div data-element-id="elm_DaqaSYJLBbSd6jQEa4JfuA" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span style="color:rgb(29, 128, 226);"><b><b><span style="font-size:32px;">W</span>hy Starting Now Makes Sense</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_L9jCW62Gh832hjNLoaWlYQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Eighteen months sounds like plenty of time, but consider this: a typical Yardi compliance configuration takes 3-4 months to implement correctly. Add staff training, process documentation, and initial data cleanup, and you're looking at a minimum of six months.</span></p><p><span><br/></span></p><p><span>That leaves you twelve months to operate under the new system and iron out the inevitable wrinkles before AUSTRAC starts paying attention. Trust us, you want those twelve months.</span></p><p><span><br/></span></p><p><span>The property managers who start early also make the first choice on implementation resources. Come 2025, everyone will be scrambling for compliance expertise, and costs will reflect that demand.</span></p></div><p></p></div>
</div><div data-element-id="elm_HhBVuG_fHLdSf5epVQcdDg" data-element-type="heading" class="zpelement zpelem-heading "><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><span><b><b><span style="font-size:32px;">T</span>he Bottom Line</b></b></span><b></b></span></h2></div>
<div data-element-id="elm_KUp0dmFzS-9myw-dMZZWEQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>AML/CTF compliance isn't going away, and penalties for non-compliance aren't gentle nudges—they're business-threatening fines. But this doesn't have to be a nightmare if you approach it systematically.</span></p><p><span><br/></span></p><p><span>Your Yardi system can handle these requirements, but only with proper configuration and planning. The firms getting ahead of this now will have smoother operations, lower compliance costs, and significantly less stress come July 2026.</span></p><p><span><br/></span></p><p><span>We've walked dozens of property management firms through this process, and the pattern is clear: early preparation pays dividends in both cost and peace of mind.</span></p><p><span><br/></span></p><p><span>Ready to start your compliance journey? Let's talk about where your Yardi system stands today and what needs to happen before 2026 arrives.</span></p></div><p></p></div>
</div><div data-element-id="elm_IbSRf5z1Sbif9gTolHYExw" data-element-type="button" class="zpelement zpelem-button " data-animation-name="bounceIn" data-animation-repeat="true"><style></style><div class="zpbutton-container zpbutton-align-center zpbutton-align-mobile-center zpbutton-align-tablet-center"><style type="text/css"></style><a class="zpbutton-wrapper zpbutton zpbutton-type-primary zpbutton-size-md zpbutton-style-none " href="/contact-us" target="_blank"><span class="zpbutton-content">Get Started Now</span></a></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 22 Aug 2025 05:59:06 -0500</pubDate></item><item><title><![CDATA[Powering Progress: What the ASEAN Power Grid Teaches Us About Infrastructure, Risk, and Real Estate Investment in APAC]]></title><link>https://www.assetsoft.biz/blogs/post/powering-progress-what-the-asean-power-grid-teaches-us-about-infrastructure-risk-and-real-estate-inv</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Powering-Progress-What-the-ASEAN-Power-Grid-Teaches-Us-About-Infrastructure-Risk-and-Real-Est-1.jpg"/>As global capital continues to flow into Asia-Pacific's real estate markets, institutional investors are shifting how they evaluate long-term Risk and return.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_j9i4Gpd2QAelFc5fLTx0pg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_VkIAt_wPQsmXRG1Eb6ePPg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_JszurJT2Q82i1iUrKT-WTA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_xfFAxhwZAhV5gwB_lWfNog" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_xfFAxhwZAhV5gwB_lWfNog"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Powering-Progress-What-the-ASEAN-Power-Grid-Teaches-Us-About-Infrastructure-Risk-and-Real-Est.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_8dDCkw6RQ6Sf1VLEBd_3LQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p></p><div><p>As global capital continues to flow into Asia-Pacific's real estate markets, institutional investors are shifting how they evaluate long-term Risk and return. In this evolving landscape, the ASEAN Power Grid (APG) emerges not just as a relevant infrastructure initiative, but as a strategic blueprint for what's to come, informing us of its significant impact on the region's real estate investment strategies.</p><p>The APG's technical goal is to connect Southeast Asia's power systems, enabling cleaner, more resilient energy sharing across borders. However, its strategic implications go further: It exemplifies the intricate web of interconnectedness among infrastructure, capital structuring, and regional cooperation. This is particularly evident in sectors like real estate and logistics, which rely on long-term planning and utility security.</p></div><p></p></div>
</div><div data-element-id="elm_f0O44YHxpvZssFy4QeXLyg" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-weight:700;font-size:20px;">1. <span style="font-size:32px;">I</span>nfrastructure-Led Growth: A Core Real Estate Thesis</span></h2></div>
<div data-element-id="elm_gmDHD8llWNUzykgyH4X49w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>Historically, transformative infrastructure—ports to high-speed rail—has catalyzed real estate appreciation and reshaped urban investment patterns. The APG continues in that tradition, creating a framework where access to reliable, low-carbon energy could determine location premiums.</p><p>In areas like Johor, East Kalimantan, or southern Vietnam—hotbeds of logistics and industrial expansion—grid connectivity and energy resilience are emerging as decisive leasing factors for global occupiers. For developers pursuing build-to-core strategies, the ability to assess infrastructure dependencies early is fast becoming a baseline requirement, not a bonus.</p></div><p></p></div>
</div><div data-element-id="elm_qKHF8ILRsF5HWj5ySnf5MA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;color:rgb(29, 128, 226);">2. <span style="font-size:32px;">R</span>isk and Capital Structure: Lessons from Blended Finance</span></h2></div>
<div data-element-id="elm_DUqfXqeThOiAInHJ2FY2pA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>One of the APG's most significant hurdles is the investment gap: the hesitation of private capital to engage due to policy uncertainty, early-stage infrastructure risks, and regional volatility. To bridge that, stakeholders increasingly turn to blended finance—layering public and private funds to distribute Risk and unlock bankability.</p><p>Real estate investors across APAC use similar models, particularly for sustainable developments or ESG-aligned assets. Insurance-backed leases, government green incentives, and MDB financing mechanisms are starting to shape deal structures, especially in secondary markets. This calls for systems that support transparency, multi-source reporting, and performance tracking—key ingredients in layered capital environments.</p></div><p></p></div>
</div><div data-element-id="elm_vjMEbVcW6z0ybvRnTpaJpQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;">3. <span style="font-size:32px;">I</span>nterconnected Risk = Interconnected Opportunity</span></h2></div>
<div data-element-id="elm_QAlpjpU5dOd77MuXzMgI8Q" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>The APG underscores how energy reliability, climate adaptation, and policy harmonization are no longer isolated considerations—they now shape the investment viability of entire regions.</p><p>· A logistics REIT exploring sites in Indonesia must account for electricity pricing volatility.</p><p>· Developers in Vietnam or the Philippines may find that access to the regional grid enhances appeal to multinational tenants seeking renewable energy sourcing.</p><p>· Singapore's office and retail portfolios increasingly include energy resilience, through green leases or building-integrated solar networks, as part of their valuation story.</p><p>In short, infrastructure risk is real estate risk. The solution isn't insulation but integrating systems, insights, and cross-border frameworks that reflect today's interdependencies.</p></div><p></p></div>
</div><div data-element-id="elm_J754-FXgKHUv-JVcwxOfSQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;color:rgb(29, 128, 226);">4. <span style="font-size:32px;">P</span>olicy, Data, and System Readiness</span></h2></div>
<div data-element-id="elm_rMSXlZxyw75xr10nl9sesw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>The APG depends on wires and transformers, policy alignment, transparent data sharing, and intergovernmental coordination. Real estate is no different.</p><p>For investors managing assets across multiple jurisdictions, a consistent operational backbone—whether in financial reconciliation, ESG reporting, or market-entry analysis—is increasingly necessary. Digitally mature firms that harmonize data flows across portfolios are better equipped to engage with complex capital partners, meet regulatory shifts, and adapt to region-specific investment conditions.</p></div><p></p></div>
</div><div data-element-id="elm_TxnTkabaveypm_omzwwgCA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;">5. <span style="font-size:32px;">W</span>hy Real Estate Needs a &quot;Grid Mindset&quot;</span></h2></div>
<div data-element-id="elm_sVqMQ-THh_xJayo2wwaMug" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>What energy planners are doing with the APG—thinking regionally, over decades, with systems-level collaboration—is precisely the mindset real estate investors now need.</p><p>The rise of EV supply chains, cross-border energy corridors, and decentralized infrastructure means value creation isn't just about the building and the surrounding ecosystem. Understanding these dynamics across ASEAN markets is no longer an option-it's a strategic differentiator that can make or break a real estate investment strategy.</p></div><p></p></div>
</div><div data-element-id="elm_WSNXTsJvvL5Jc_Urn5N47Q" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;font-weight:700;color:rgb(234, 119, 4);"><span style="font-size:32px;">F</span>inal Thoughts</span></h2></div>
<div data-element-id="elm_NyVnyfby3RSjuCykVM6hFA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p>The ASEAN Power Grid may be an energy initiative at its core, but it offers broader insights into how infrastructure, capital, and Risk are converging across the APAC region. Real estate is at the crossroads of these forces and needs to adapt accordingly.</p><p>Firms fluent in local dynamics and regional shifts will be best positioned to deploy capital intelligently, mitigate Risk structurally, and unlock long-term value. The future of real estate investment in APAC won't be siloed—it will be interconnected.</p></div><p></p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Sun, 11 May 2025 23:33:47 -0500</pubDate></item><item><title><![CDATA[New Zealand's Build-to-Rent Boom: A Golden Opportunity for Investors and Developers]]></title><link>https://www.assetsoft.biz/blogs/post/new-zealand-s-build-to-rent-boom-a-golden-opportunity-for-investors-and-developers</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/New-Zealand-s-Build-to-Rent-Boom_A-Golden-Opportunity-for-Investors-and-Developers_Squr.jpg"/>Recent legislative reforms have made New Zealand's Build-to-Rent (BTR) sector one of the most attractive investment opportunities in the Asia-Pacific region.]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_P4XkhxqTSbS1_59rQZl0gw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_JHFtmxtATy2Q1txMNjsWow" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_mI0-D8RqSF-ESpaPL5SYwg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_sxpda9xVg7BCDiZG9wpLPg" data-element-type="image" class="zpelement zpelem-image " data-animation-name="bounceInDown"><style> @media (min-width: 992px) { [data-element-id="elm_sxpda9xVg7BCDiZG9wpLPg"] .zpimage-container figure img { width: 1110px ; height: 237.61px ; } } </style><div data-caption-color="" data-size-tablet="" data-size-mobile="" data-align="center" data-tablet-image-separate="false" data-mobile-image-separate="false" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-fit zpimage-tablet-fallback-fit zpimage-mobile-fallback-fit hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/New-Zealand-s-Build-to-Rent-Boom_A-Golden-Opportunity-for-Investors-and-Developers_Rect.jpg" size="fit" data-lightbox="true"/></picture></span></figure></div>
</div><div data-element-id="elm_dNwV4gH3T0OiYOQmA50lXQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center zptext-align-mobile-center zptext-align-tablet-center " data-editor="true"><p><span><span>Recent legislative reforms have made New Zealand's Build-to-Rent (BTR) sector one of the most attractive investment opportunities in the Asia-Pacific region. These policy shifts, addressing the nation's housing affordability and shortage crisis, create a ripe environment for investors, developers, and property management companies.</span></span></p></div>
</div><div data-element-id="elm_CCPxFh3nfzxrzhhRs10oXQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="font-size:32px;">F</span>acilitating Overseas Investment</b></span></h2></div>
<div data-element-id="elm_ohMq8uvNwAdzYAsnbvQPgA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The recently enacted <b>Overseas Investment (Build-to-Rent and Similar Rental Developments) Amendment Act 2025</b> significantly streamlines the consent processes for overseas buyers interested in acquiring existing build-to-rent (BTR) developments with 20 or more units. This groundbreaking legislation not only enhances liquidity for developers but also ensures that properties remain dedicated to rental housing, offering long-term leases and professional management.</span></p><p><span><br/></span></p><p><span></span></p><div><p><span>This reform provides a much-needed exit strategy for developers facing liquidity challenges. It enables assets to be efficiently transferred to international investors who are attracted to the stability and growth potential of New Zealand's real estate market.</span></p></div><p></p></div><p></p></div>
</div><div data-element-id="elm_FDWj9E_m3rEmMFb7mPF59g" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;color:rgb(29, 128, 226);"><b><span style="font-size:32px;">F</span>inancial Incentives Driving Growth</b></span></h2></div>
<div data-element-id="elm_PI3vTH6b1AIvaR86BzfhbQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p><span><span>Another critical legislative measure is the indefinite exemption of BTR developments from interest limitation rules, which took effect in March 2023. By allowing full interest cost deductions from taxable income, this exemption significantly enhances the financial viability and attractiveness of large-scale BTR projects, positioning New Zealand as a prime destination for real estate investments.</span></span></p></div>
</div><div data-element-id="elm_7u_Gfj3FHrqklAPUxeD6EQ" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="font-size:32px;">B</span>alancing Tenant Rights and Rental Supply</b></span></h2></div>
<div data-element-id="elm_3LdZMzDlhqRNZ4IWlrFBWg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>Further strengthening the rental market, the Residential Tenancies Amendment Bill 2024 introduced flexible tenancy rules. These include the return of 'no cause' terminations, which allow landlords to end a tenancy without providing a reason, and adjusted notice periods, which give landlords more flexibility in managing their properties. New provisions, such as pet bonds and streamlined consent rules, remove key barriers that previously discouraged rental investment.</span></p></div><p></p></div>
</div><div data-element-id="elm_SrcbAUg85uJBSm6-ByU5oA" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;color:rgb(29, 128, 226);"><b><span style="font-size:32px;">W</span>hy This Matters for Investors</b></span></h2></div>
<div data-element-id="elm_itE5fYox0qAa5eYdPV2kOA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The cumulative effect of these legislative changes signals a clear and supportive environment for domestic and international investors. Assetsoft sees these developments as pivotal, creating opportunities for property developers and investors to strategically enter and expand their presence in the flourishing New Zealand multi-family housing market.</span></p><p><span>Assetsoft, with its extensive expertise in property technology and management consulting, is ideally positioned to support investors navigating these new regulatory landscapes. We provide innovative technology solutions, streamlined property management processes, and strategic investment advice, ensuring our clients can make informed decisions and succeed in the dynamic Build-to-Rent market.</span></p></div><p></p></div>
</div><div data-element-id="elm_LwYuWYV9UzGNQDuuykXrng" data-element-type="heading" class="zpelement zpelem-heading " data-animation-name="bounceIn"><style></style><h2
 class="zpheading zpheading-style-none zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:20px;"><b><span style="font-size:32px;">S</span>eize the Opportunity</b></span></h2></div>
<div data-element-id="elm_1zqSWbfoM8fz0XmRQ-miwA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><p></p><div><p><span>The time to engage with New Zealand's promising Build-to-Rent market is now. Assetsoft offers comprehensive solutions tailored to help you succeed in this dynamic market. Our solutions include innovative technology tools, streamlined property management processes, and strategic investment advice. Whether you are looking to invest, manage, or develop properties, we have the expertise to guide you. Seize the opportunity and make your mark in this growing sector.</span></p><p><span>Connect with our experts today to explore how Assetsoft can guide your successful entry and expansion in New Zealand's growing Build-to-Rent sector. We are here to support you every step of the way.</span></p></div><p></p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Sun, 20 Apr 2025 23:21:26 -0500</pubDate></item><item><title><![CDATA[How To Combat Late Payments Through Property Management Software? ]]></title><link>https://www.assetsoft.biz/blogs/post/how-to-combat-late-payments-through-property-management-software</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Combat Late Payments - squr.png"/>Collecting rent is one of the most problematic parts of being a property manager. More than&nbsp; 20% of renters &nbsp;in America are nearly 4 months be ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_hcqJP3rzS-aMf0jclVm3tg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_wUJ4Yf2RSz20hy-Q-Lm0hA" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_03Ah0VzsRUqgSb1YiQxttQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_b6owLYo-96IBks-X7tAcyw" data-element-type="image" class="zpelement zpelem-image "><style> [data-element-id="elm_b6owLYo-96IBks-X7tAcyw"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Combat%20Late%20Payments%20-%20rect.png" size="large" alt="How To Combat Late Payments Through Property Management Software? " data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_ZneHWv96R0a3YvFsBmFijQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ZneHWv96R0a3YvFsBmFijQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><p><span style="color:inherit;font-size:11pt;">Collecting rent is one of the most problematic parts of being a property manager. More than&nbsp;</span><a href="https://www.cnbc.com/2021/01/25/nearly-20percent-of-renters-in-america-are-behind-on-their-payments.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">20% of renters</span></a><span style="color:inherit;font-size:11pt;">&nbsp;in America are nearly 4 months behind on their rent payments. That is $5600 worth of rent per delinquent tenant.&nbsp;&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="color:inherit;font-size:11pt;">Traditional payment methods do little to solve this problem. While micromanaging rent payment is tiresome, leniency can cause too many missed rents. The final step is to carry out an eviction, which can&nbsp;</span><a href="https://www.biggerpockets.com/blog/how-much-will-it-cost-to-evict-tenants" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">cost up to $7000</span></a><span style="color:inherit;font-size:11pt;">&nbsp;for the property manager.&nbsp;&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p><span style="font-size:11pt;">A better solution is to leverage property management technology to streamline rent collection. With the right technology, you can make sure every tenant pays you on time!&nbsp;&nbsp;</span></p></div><div style="color:inherit;font-size:12px;"><p><span style="font-size:11pt;">If you are unsure how, read the below tips and combat late payments effectively.&nbsp;&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_MvDhH9nbR3iZZ-b_OWsB1Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_MvDhH9nbR3iZZ-b_OWsB1Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Automate tenant screening</span></h2></div>
<div data-element-id="elm_54e_9lgSZMwkPmZir_HgDg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_54e_9lgSZMwkPmZir_HgDg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><p><span style="color:inherit;font-size:11pt;">Ensuring timely rent payment isn’t a month-end process. Instead, it starts with the beginning of the tenancy itself. A&nbsp;</span><a href="https://www.jchs.harvard.edu/sites/default/files/jchs_americas_rental_housing_2013_1_0.pdf" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">study by Harvard University</span></a><span style="color:inherit;font-size:11pt;">&nbsp;found that nearly 50% of tenants couldn't afford their rent due to low income. A thorough tenant screening can help determine the affordability for each renter.&nbsp;&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">The screening process needs to verify basic requirements such as credit score, eviction history, and criminal record. Verifying income and employment should be a priority as a tenant can only pay rent when they can afford it.&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="color:inherit;font-size:11pt;">According to a survey by the US Census Bureau, spending more than&nbsp;</span><a href="https://www.census.gov/housing/census/publications/who-can-afford.pdf" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">30% of income on rent</span></a><span style="color:inherit;font-size:11pt;">&nbsp;is considered a financial burden. While this isn’t the sole determinant of housing affordability, it is wise to choose tenants who spend around the 30% threshold.&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="color:inherit;font-size:11pt;">Additionally, you can know the tenants' payment patterns through their credit scores and eviction history. In 2020, the average credit score among renters in&nbsp;</span><a href="https://www.millionacres.com/real-estate-investing/articles/renter-credit-scores-increasing-good-news-for-landlords/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">the U.S. was 638</span></a><span style="color:inherit;font-size:11pt;">. Credit scores show how promptly an applicant clears their dues, including rents.&nbsp;&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">A tenant with a bad credit score can potentially fail to pay rent on time. Eviction history also works similarly, by showing the behavior of an applicant during previous tenancies.&nbsp;</span></p></div><div><p><span style="color:inherit;font-size:11pt;">Automating tenant screening through software like&nbsp;</span><a href="https://www.yardi.com/products/resident-screening/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">Yardi ScreeningWorks Pro</span></a><span style="color:inherit;font-size:11pt;">&nbsp;helps you select low-risk tenants.&nbsp;&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_ZCyoNymhWJrx-ebWZJj1rA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_ZCyoNymhWJrx-ebWZJj1rA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Online rent payments</span></h2></div>
<div data-element-id="elm_wRfXgFsSSKedeHojtmINYQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_wRfXgFsSSKedeHojtmINYQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><p><span style="color:inherit;font-size:11pt;">Online payments can help you tackle late payments simply through their convenience. New generation tenants prefer online payment methods with millennials paying&nbsp;</span><a href="https://money.com/retirement-money-management-millennials-online-bill-payment/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">61% of their bills</span></a><span style="color:inherit;font-size:11pt;">&nbsp;digitally.&nbsp;&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">Giving your tenants their most preferred payment option will automatically help them pay rent on time. There are several options like bank transfers, e-wallets, or credit cards that can be used to complete these transactions.&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">Mobile payment options are also an added advantage. Nowadays, almost every tenant has access to a smartphone. Through mobile apps, tenants can complete their rent payments anytime. Making payments convenient for the renters reduces the chances of late payments.&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">Digital payments are also convenient for property managers. You don’t have to go through your mail for payment checks or visit the bank to cash them. Funds are transferred directly to your account, which means you get real-time updates whenever someone pays their rent.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_J7z7gVyhcBAJ7m0D0Oob2g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_J7z7gVyhcBAJ7m0D0Oob2g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Send out payment reminders</span></h2></div>
<div data-element-id="elm_rWWqmnJ2oNF-8UwSDI1rAQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_rWWqmnJ2oNF-8UwSDI1rAQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><p><span style="color:inherit;font-size:11pt;">Most tenants don’t intend to miss out on their rent payments. Sometimes people are busy or they simply tend to forget. In a Citi Bank survey, 61% of delinquent&nbsp;</span><a href="https://www.citigroup.com/citi/news/2013/130514a.htm" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">tenants blamed forgetfulness</span></a><span style="color:inherit;font-size:11pt;">&nbsp;for late payments.&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">Setting up reminders is an excellent way to collect timely rent from forgetful tenants. But manual reminding each tenant about their due rent takes too much time and effort. A more convenient way is to use property management software to set up email or text reminders.&nbsp;&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="color:inherit;"><p><span style="font-size:11pt;">You can automate these reminders for the first of every month, and also carry out sending them multiple times till the rent is paid. Text and email reminders are documented, which means they can serve as evidence in case an eviction becomes inevitable.&nbsp;&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_Tl-CPvRc1btAf3ucaAqN5Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Tl-CPvRc1btAf3ucaAqN5Q"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Set recurring payment options</span></h2></div>
<div data-element-id="elm_eEVyepmbKcqItY8_kDDpCQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_eEVyepmbKcqItY8_kDDpCQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><div style="color:inherit;"><div><p><span style="font-size:11pt;">Setting up automatic payments is another benefit of property management software. Tenants who don’t want to go through the monthly hassle of rent payment can use these options.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Setting up recurring payments does not require extensive technical knowledge. Initially, tenants need to feed their payment details such as credit card information to the software.&nbsp;</span></p><p><span style="font-size:11pt;"><br></span></p></div><div><p><span style="font-size:11pt;">Then, they can set their payment dates and choose to get transaction notices in their mail.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">A recurring payment is the best way to ensure timely payments. It is not only beneficial for the property manager, but also for the tenant. Since these transactions are online, they can be easily documented as well.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_MMrmBaOKj0NHA8ZeL9j80A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_MMrmBaOKj0NHA8ZeL9j80A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Utilize tenant portals</span></h2></div>
<div data-element-id="elm_I66zSzJIdzNQHtQHED3dbA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_I66zSzJIdzNQHtQHED3dbA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><div style="color:inherit;"><div style="color:inherit;"><div><p><span style="font-size:11pt;">Constant communication is important to maintain a healthy relationship with tenants. Tenants who have a good connection with their property managers are more likely to pay rent on time. Effective use of tenant portals for tenant communication can ensure that every payment reaches you on time.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">The use of these portals is not limited to sending or receiving messages from tenants. They come with a wide range of features such as tenant account management, document transfer, and much more.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">Property managers can keep a track of the renters’ payment history, check the frequency of late payments and send text warnings to tenants if necessary. Similarly, tenants can also check due dates, update payment methods and communicate any delay with their property managers.&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">For tenants, keeping up with these announcements and checking their rental agreement also becomes easier. Any incentives and penalties can be shared through these portals. By giving incentives for timely payment, you motivate more tenants to pay on time.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_LSHAhq_Cc087kj0kD5wCXw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_LSHAhq_Cc087kj0kD5wCXw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Make rent payments easier through Assetsoft</span></h2></div>
<div data-element-id="elm_4oA8Gpz0L0pMWyU6FCBGLA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_4oA8Gpz0L0pMWyU6FCBGLA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div><div style="font-size:12px;"><div><div><div><div><div><div><div style="color:inherit;"><div style="color:inherit;"><div style="color:inherit;"><div><p><span style="font-size:11pt;">Leveraging technology can help reduce the number of late payments you receive. Assetsoft helps you find the right option to streamline your rent collection. We have several options such as tenant portals from Yardi and MRI, online rent collection through Zoho Books, and much more.&nbsp;&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">For more customized software, our expert team can work with you to integrate suitable features. Our support extends beyond integration with services like training, troubleshooting, and data transfer.&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">We can also help you streamline your business and improve your strategy through our consultation services. With Assetsoft, you will find complete tech solutions for your property management business.&nbsp;</span></p></div><div><p><span style="font-size:11pt;">&nbsp;</span></p></div><div><p><span style="font-size:11pt;">To streamline your rent payments, contact Assetsoft!&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 01 Oct 2021 08:00:00 -0500</pubDate></item><item><title><![CDATA[The Three Major Data Analysis Trends Coming In 2021 For Finances ]]></title><link>https://www.assetsoft.biz/blogs/post/the-three-major-data-analysis-trends-coming-in-2021-for-finances</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/The Three Major Data Analysis Trends Coming In 2021 For Finances - sq.png"/>Big data keeps playing a significant role in countless industries,&nbsp; especially as the post-COVID world settles . Today, companies can’t overlook th ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_3mf_8pkaSQGnpNXlz0HWlQ" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_d3AeWkBZT32CTN-omw34Xw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_b55AC0svSgm-gvwXVf7NRg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_b55AC0svSgm-gvwXVf7NRg"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_rT9OI5CFb0CRGZJFvImLMw" data-element-type="image" class="zpelement zpelem-image "><style> [data-element-id="elm_rT9OI5CFb0CRGZJFvImLMw"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/The%20Three%20Major%20Data%20Analysis%20Trends%20Coming%20In%202021%20For%20Finances%20-%20rec.png" size="large" alt="The 3 Major Data Analysis Trends coming in 2021 For Finances" data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_vMWxXLsdRa6fqJRgvrLQtw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_vMWxXLsdRa6fqJRgvrLQtw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">Big data keeps playing a significant role in countless industries,&nbsp;</span><a href="https://unstats.un.org/unsd/bigdata/conferences/2020/presentations/day3/session10/Mr.%20David%20Johnson.pdf" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">especially as the post-COVID world settles</span></span></a><span style="font-size:11pt;">. Today, companies can’t overlook the advantages of in-depth data analysis methods and solutions.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">That’s particularly true in real estate and similar industries. Data analysis’ benefits flourish where financial information is plentiful. Insight Software recently released its&nbsp;</span><a href="https://insightsoftware.com/blog/top-data-visualization-trends-in-finance-and-accounting/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">three fundamental trends growing this year</span></span></a><span style="font-size:11pt;">.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Focused on the financial sector, it gravitates around data visualization, and it makes compelling arguments comparing the economic landscape with medical and science examples.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">What do these trends mean, and what can you do to leverage them? The first step is to modernize your company. Working with&nbsp;</span><a href="https://www.assetsoft.biz/software" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">a professional software implementation service</span></span></a><span style="font-size:11pt;">&nbsp;is a crucial advantage.&nbsp;</span></p></div></div>
</div><div data-element-id="elm_PfhvgixrTIeU_76IizO03A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_PfhvgixrTIeU_76IizO03A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Data visualization tools and democratization</span></h2></div>
<div data-element-id="elm_BXEn_jNwDIzs4t-L6cDl_Q" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_BXEn_jNwDIzs4t-L6cDl_Q"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The first trend is how data visualization keeps becoming easier in management and deployment. Most modern digital solutions, like<span style="color:rgb(48, 4, 234);">&nbsp;</span></span><a href="https://www.assetsoft.biz/yardi-software" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">Yardi’s ERP software</span></span></a><span style="font-size:11pt;">, allow you and all users to access the data they need at all times.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Instead of creating security issues as more people can visualize said data, it streamlines multiple business processes. Data management used to depend on dedicated departments and infrastructures.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Today, users can leverage the required data immediately, and that means efficiency.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_Swild7q_N8eQrvtCHa4Rww" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Swild7q_N8eQrvtCHa4Rww"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">1. Users can take care of more tasks</span><br></h3></div>
<div data-element-id="elm_kDhXJb9gVBMuKNg_bXisCQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_kDhXJb9gVBMuKNg_bXisCQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><a href="https://www.forbes.com/sites/bernardmarr/2017/07/24/what-is-data-democratization-a-super-simple-explanation-and-the-key-pros-and-cons/?sh=41b2bc236013" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">At its core</span></span></a><span style="font-size:11pt;">, democratization enables your users and resources to perform more processes with minimal onboarding and training.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">It allows every team member to register and use the data required for their daily developments. It beats the traditional obstacles from business management and collaboration: limiting data access to specific roles.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_-kA4qdrza86WTPMEi0R3zA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_-kA4qdrza86WTPMEi0R3zA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">2. The competitive advantages from adopting this approach</span><br></h3></div>
<div data-element-id="elm_-6qW4WXiZ_cbaonoNCLx5g" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_-6qW4WXiZ_cbaonoNCLx5g"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">This information distribution allows a company’s resources to perform more effectively. It impacts your organization’s operations and decision-making throughout multiple departments. It empowers your teams, making them more independent from others.&nbsp;</span></span><br></p></div></div></div></div>
</div><div data-element-id="elm_EsNG0sZIpzYZZaZJXFiHTQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_EsNG0sZIpzYZZaZJXFiHTQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">3. What should you keep in mind?</span><br></h3></div>
<div data-element-id="elm_TcP86JlcsGGN721gpm7VDg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_TcP86JlcsGGN721gpm7VDg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">On the flip side, data misinterpretation can backfire considerably. Users with minimal experience in data analysis pose the main risk.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">That means that intuitiveness to reduce onboarding complications becomes crucial. Thankfully, most apps today offer stellar interfaces, reducing clutter and error margins.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_mgeTQSYyEl93HLhwS78Ivg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_mgeTQSYyEl93HLhwS78Ivg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:26px;">Holistic approaches to data analysis</span></h2></div>
<div data-element-id="elm_FJzSwV3e02ulenWYApW-vw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_FJzSwV3e02ulenWYApW-vw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Secondly, companies move to a more holistic methodology in software implementation. Data analytics and reports previously focused on particular platforms. It limits business managers to the information available for specific systems.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Today, most apps work with APIs, and this enables extensive cross-platform integration possibilities. Your ERP can connect with CRM solutions,&nbsp;</span><a href="https://www.assetsoft.biz/salesforce" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">such as Salesforce</span></span></a><span style="font-size:11pt;">, which produce considerable amounts of data.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">That means managers can access marketing, sales, financial, and other data categories from one dashboard.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_jodIlA_KNTH7eIY23c-vkg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_jodIlA_KNTH7eIY23c-vkg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">1. Software integrations need to expand</span><br></h3></div>
<div data-element-id="elm_RwpB8ojqI96P6wfd9N-rLQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_RwpB8ojqI96P6wfd9N-rLQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Sadly, app connectivity still needs to include more substantial information flow. Reporting tools are usually unavailable between unique systems, and this constitutes a significant hurdle.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">However, APIs have influenced the technology industry significantly.&nbsp;</span><a href="https://www.theserverside.com/tip/Why-application-integration-matters" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">The benefits and possibilities of software integration</span></span></a><span style="font-size:11pt;">&nbsp;continue to cover more ground as time goes on.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_Vbm2nJf1dE4_xUYpogYdUQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Vbm2nJf1dE4_xUYpogYdUQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">2. Companies can streamline their operations</span><br></h3></div>
<div data-element-id="elm_5o7VkS-jnk96GH_9BtJhRg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_5o7VkS-jnk96GH_9BtJhRg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Accessing all the information necessary from one dashboard makes it easier to collaborate between teams. It’s more noticeable when we consider dedicated collaboration platforms.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Management resources spend less time assessing individual departments’ performance. The benefits manifest throughout entire companies.&nbsp;</span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_rR0Ja7vBvmj8FyxXRaIWAA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_rR0Ja7vBvmj8FyxXRaIWAA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">3. What should you keep in mind?</span><br></h3></div>
<div data-element-id="elm_C6Z0E3j5i3RkLzKrvVD1kw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_C6Z0E3j5i3RkLzKrvVD1kw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">When implementing new software into your company, you must consider its integration properties and open APIs capabilities.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">With the proper software selection, any company can connect their entire databases and features with little effort.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_xKkDpJ-8cxDDxW1JcEhHQA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_xKkDpJ-8cxDDxW1JcEhHQA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Data visualization and business improvements&nbsp;</span><br></h2></div>
<div data-element-id="elm_bm1-iGkNJc-C4_oTlpzDgw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_bm1-iGkNJc-C4_oTlpzDgw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Finally, data visualization keeps gaining more attention by business managers looking to design new projects and initiatives. Reports provide invaluable insight into a company’s performance and which changes can optimize operations.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Analyzing past performance and common pitfalls is a critical advantage for ensuring future projects’ success. However, data analysis goes beyond studying the past.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Current developments allow companies to assess possible outcomes based on history. It essentially looks at the future with a new perspective. That’s why you should consider integrating&nbsp;</span><a href="https://www.assetsoft.biz/ai-intelligence-data-forecasting" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">an AI intelligence &amp; data forecasting solution</span></span></a><span style="font-size:11pt;">&nbsp;ahead of your competitors.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_Z4ukrQKitnsv9DeDgV7FxQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Z4ukrQKitnsv9DeDgV7FxQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">1. Power plants: An excellent example</span><br></h3></div>
<div data-element-id="elm_kuqD6n6APu0zVVNvfzSJQg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_kuqD6n6APu0zVVNvfzSJQg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">POWER Magazine has&nbsp;</span><a href="https://www.powermag.com/using-data-analytics-to-improve-operations-and-maintenance/" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">a fantastic article</span></span></a><span style="font-size:11pt;">&nbsp;detailing how data analysis is invaluable for power plants. Essentially, it explains that generating value from data is a new challenge, which can translate into noticeable developments in operational efficiency.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Power plants generate virtually endless amounts of data. It’s not different from industries like real estate. Leveraging this data enables them to analyze problems more extensively and optimize their operations as a result.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_5xTCHc6WAbhIv_fGX9-gxg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_5xTCHc6WAbhIv_fGX9-gxg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">2. The principles apply to most industries</span><br></h3></div>
<div data-element-id="elm_PQ_B9Q6yyawGjPHYZxIdQA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_PQ_B9Q6yyawGjPHYZxIdQA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Most sectors generate significant data quantities today, especially with how many digital apps make up companies’ standard structure.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Real estate, healthcare, logistics, and other sectors can apply the same approach to optimize their processes. Data-led decision-making keeps gaining more ground as managers realize its benefits.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_DBL4C1kmrKRErNs69i9iTw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_DBL4C1kmrKRErNs69i9iTw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">3. What should you keep in mind?</span><br></h3></div>
<div data-element-id="elm_PZ1owiSNfhfwGZf1QQaY6g" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_PZ1owiSNfhfwGZf1QQaY6g"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Any company needs to realize the information they can gain from data, even from past failures. It would help if you had a centralized dashboard to keep all this information at hand.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Additionally, it would be outstanding if you considered integrating<span style="color:rgb(48, 4, 234);">&nbsp;</span></span><a href="https://www.assetsoft.biz/robotic-process-automation" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">advanced automation scripts</span></span></a><span style="font-size:11pt;">. They streamline data management, organization, and accuracy.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_axVxjgGSU1_fDKLnZlVKEA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_axVxjgGSU1_fDKLnZlVKEA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">What does all of that mean for you?</span><br></h2></div>
<div data-element-id="elm_RDII5Wks2drXrALRLWq60g" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_RDII5Wks2drXrALRLWq60g"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">We can simplify these trends' consequences as the need for digital adoption. Leveraging data availability today goes beyond a competitive edge. It's becoming the standard for numerous sectors, and neglecting it means handicapping your business.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Our main recommendation is to embrace&nbsp;</span><a href="https://www.assetsoft.biz/digital-adoption-strategy" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">a digital adoption strategy</span></span></a><span style="font-size:11pt;">&nbsp;and execute it effectively. Most software solutions for business and project management offer these advantages.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Yes, it means a prominent investment. However, the benefits you can reap from these solutions are worth more than any project. That’s particularly obvious when we consider the market’s rapid standardization of these methodologies.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_j6xputtxuesfG9deb5B8BA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_j6xputtxuesfG9deb5B8BA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:21px;">The need for a professional technological partner</span><br></h3></div>
<div data-element-id="elm_oKqsfCl8w-ZtuueIjJ5yQA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_oKqsfCl8w-ZtuueIjJ5yQA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Lack of expertise is one of the primary reasons why tech implementation is challenging. Most companies have a general idea of what they need. Regardless, they lack the experience and knowledge necessary to translate those ideas into tangible outcomes.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_LF6zvVvVHjnXFy1vuXlY1Q" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_LF6zvVvVHjnXFy1vuXlY1Q"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left " data-editor="true"><span style="font-size:19px;">Want to Streamline Your Business Workflow?</span><br></h3></div>
<div data-element-id="elm_IudGPX2Te64n2engyRz2Ag" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_IudGPX2Te64n2engyRz2Ag"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">If you’re considering implementing new technology to attain these benefits, make sure to&nbsp;</span><a href="https://www.assetsoft.biz/digital-adoption-strategy" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">contact us</span></span></a><span style="font-size:11pt;">&nbsp;for expert consultancy and solutions. The Assetsoft team can help you find the right ERP for your business. Know how ERP integration will help you&nbsp;get better results, and how you can make data integration between various departments simpler.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Talk to us to know how we will&nbsp;help you&nbsp;</span><a href="https://www.assetsoft.biz/technology-selection" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">find the right technology</span></span></a><span style="font-size:11pt;">&nbsp;and&nbsp;</span><a href="https://www.assetsoft.biz/technology-implementation" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">integrate the ideal solutions for your company</span></span></a><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">.</span>&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 21 May 2021 07:00:00 -0500</pubDate></item><item><title><![CDATA[RPA Automation With Assetsoft - What Can You Expect? ]]></title><link>https://www.assetsoft.biz/blogs/post/rpa-automation-with-assetsoft-what-can-you-expect</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/RPA Automation With Assetsoft - What Can You Expect - Squr.png"/>Robotic process automation has taken the real estate sector like a storm. It has helped the industry evolve and embrace digital adoption more effectiv ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_-UYirZ0CS3iWQ_KEOjYSuw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_tSaPKy_3QBmGZicHLMxMPg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_zko3JTJRTou2MgMBFor4KA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_BdVY_fCHJMz9IoxQzqvAfQ" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_BdVY_fCHJMz9IoxQzqvAfQ"] .zpimage-container figure img { width: 800px ; height: 171.25px ; } } [data-element-id="elm_BdVY_fCHJMz9IoxQzqvAfQ"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/RPA%20Automation%20With%20Assetsoft%20-%20What%20Can%20You%20Expect%20-%20Rect.png" size="large" alt="RPA Automation With Assetsoft - What Can You Expect? " data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_DcHU9Cm2RYyVX5n7Nn56cw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_DcHU9Cm2RYyVX5n7Nn56cw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">Robotic process automation has taken the real estate sector like a storm. It has helped the industry evolve and embrace digital adoption more effectively. RPA can help you save money and resources in countless tasks.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">However, implementing it can be a challenge. You need to assess which processes you can automate and the proper approach. That’s why RPA is one of&nbsp;</span><a href="https://www.assetsoft.biz/proptech" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">our solutions</span></span></a><span style="font-size:11pt;">. Today, you’ll learn what to expect if you work with us.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="color:rgb(48, 4, 234);font-size:11pt;"><span>C</span></span><a href="https://www.assetsoft.biz/contact-us" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">ontact us</span></a><span style="font-size:11pt;">&nbsp;if you’re interested in technology implementation for your company.&nbsp;</span></p></div></div>
</div><div data-element-id="elm_KqrzmbWQQ3CgswfwOsIJ4w" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_KqrzmbWQQ3CgswfwOsIJ4w"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:26px;">The Top Benefits of RPA</span></h2></div>
<div data-element-id="elm_wtqbIjwDJ_GTKKQLT-dqZg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_wtqbIjwDJ_GTKKQLT-dqZg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><p><span style="font-size:11pt;">We use RPA solutions like UiPath to help you streamline the work process and avoid errors.&nbsp;&nbsp;</span></p></div><div style="font-size:9.3333px;"><div><ul><li style="margin-left:24px;font-size:7pt;"><p><span style="font-size:7pt;">&nbsp;</span><span style="font-size:11pt;">Reducing errors from the manual data entry methods&nbsp;</span></p></li><li style="margin-left:24px;font-size:7pt;"><p><span style="font-size:7pt;">&nbsp;</span><span style="font-size:11pt;">Freeing up valuable resources which were tied to repetitive tasks&nbsp;</span></p></li><li style="margin-left:24px;font-size:7pt;"><p><span style="font-size:7pt;">&nbsp;</span><span style="font-size:11pt;">Increasing the efficiency of overall testing and utilization of the resources&nbsp;</span></p></li><li style="margin-left:24px;font-size:7pt;"><p><span style="font-size:11pt;">Reducing human errors&nbsp;and labor costs&nbsp;</span></p></li><li style="margin-left:24px;font-size:7pt;"><p><span style="font-size:11pt;">Ensuring better compliance with your policies&nbsp;</span></p></li></ul></div></div><p><span style="color:inherit;"></span></p><div style="font-size:9.3333px;"><div><ul><li style="margin-left:24px;font-size:7pt;"><p><span style="font-size:11pt;">Improving overall accuracy&nbsp;&nbsp;</span></p></li><li style="margin-left:24px;font-size:7pt;"><p><span style="font-size:11pt;">Automate&nbsp;everyday&nbsp;tasks like picking up and placing calls,&nbsp;checking&nbsp;invoices and more&nbsp;&nbsp;</span></p></li></ul></div></div></div></div>
</div><div data-element-id="elm_QYG6M7izMGxV_PKL0Vg_qw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_QYG6M7izMGxV_PKL0Vg_qw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:26px;">Financial benefits&nbsp;</span></h2></div>
<div data-element-id="elm_GDL4sBbOSYw7OXtmmO6gTA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_GDL4sBbOSYw7OXtmmO6gTA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Property management&nbsp;often&nbsp;needs&nbsp;manual data processing&nbsp;and can be&nbsp;tedious and lengthy.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">RPA helps companies streamline their business processes,&nbsp;</span><span style="font-size:11pt;">including financial reporting</span><span style="font-size:11pt;">. It reduces turnaround while saving hiring costs and human error.&nbsp;You can automate everything from invoices to other mundane tasks like&nbsp;checking emails.&nbsp;&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_u2-tizFC-LtphALDTLJsSw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_u2-tizFC-LtphALDTLJsSw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Customized for your business</span><br/></h3></div>
<div data-element-id="elm_bm8v3ntWWHEz18nNIswqdg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_bm8v3ntWWHEz18nNIswqdg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">RPA robots can be customized for different tasks. We use solutions like UiPath to&nbsp;automate specific employee tasks. So, you you get more flexibility as we program robots to do different tasks seamlessly.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">With AI and machine learning, these robots get smarter with time too. For instance, they can identify patterns over time, helping you separate between personal and business expenses.&nbsp;&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_JzJbG1k9CYk6IU6IW0J8wQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_JzJbG1k9CYk6IU6IW0J8wQ"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Automated refunds customized for your business</span><br/></h3></div>
<div data-element-id="elm_vyILjU933KIZ92uD5yoL8w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_vyILjU933KIZ92uD5yoL8w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Reimbursements are typical for any property manager. Overpayments and other mistakes can become significant setbacks if they add up. RPA allows your accounts receivable team to validate the right amount and adjust the ledgers accordingly.&nbsp;</span></span><br/></p></div></div></div></div></div>
</div><div data-element-id="elm_qFuvnhWjTcnODOtjKRhpsg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_qFuvnhWjTcnODOtjKRhpsg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Efficient reconciliation&nbsp;</span><br/></h3></div>
<div data-element-id="elm_oGL4QYn4drr7UkXPhM-JAg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_oGL4QYn4drr7UkXPhM-JAg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Reconciling bank accounts with your general ledger is also considerably lengthy. You need to go through different banks and balances and compare them with your GL. RPA frees you from the process since it stores all bank statements in shared drives or your financial application.&nbsp;</span></span><br/></p></div></div></div></div></div>
</div><div data-element-id="elm_d8hEnr2s1qBgHwLHDzTJvw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_d8hEnr2s1qBgHwLHDzTJvw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Managing coupons&nbsp;</span><br/></h3></div>
<div data-element-id="elm_wAu2x7TXS8mVHVPEKW55vg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_wAu2x7TXS8mVHVPEKW55vg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">If your company issues coupons for recent homeowners, RPA lets you generate them automatically. You can upload your unique offer templates and let your teams request coupon generations. RPA processes these requests and takes care of the after-sale process.&nbsp;</span></span><br/></p></div></div></div></div></div>
</div><div data-element-id="elm_z_my9E0vXDNRBwmJfTP9Cg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_z_my9E0vXDNRBwmJfTP9Cg"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Auditing GL</span><br/></h3></div>
<div data-element-id="elm_2Eyr5CwCsGbyvObcHHEglw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_2Eyr5CwCsGbyvObcHHEglw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">RPA also compares your GL code in predetermined templates with your current budgets. If there’s a mismatch, your RPA script can highlight the exception on your sheet. You can also configure it to upload it to a shared drive.&nbsp;</span></span><br/></p></div></div></div></div></div>
</div><div data-element-id="elm_h1Rj1LWbm7riAMseYHIpVw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_h1Rj1LWbm7riAMseYHIpVw"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Updating balances</span><br/></h3></div>
<div data-element-id="elm_4ZoWSyifx5JUA4JnV1tvsg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_4ZoWSyifx5JUA4JnV1tvsg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Your bank account information requires constant revisions and updates. Your RPA algorithm can verify incorrect data in your balances and update it with the correct information available in your ERP or any management software.&nbsp;</span></span><br/></p></div></div></div></div></div>
</div><div data-element-id="elm_jNTN-SNBeq2v47KqoOe0kA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_jNTN-SNBeq2v47KqoOe0kA"].zpelem-heading { border-radius:1px; } </style><h3
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Correcting payment mistakes</span><br/></h3></div>
<div data-element-id="elm_EAjNEBifM7-N11IbyR9cqQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_EAjNEBifM7-N11IbyR9cqQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Finally, your RPA can compare different databases to spot and correct mistakes automatically. These scripts can validate incoming notifications and update the suitable sheets and balances.&nbsp;This&nbsp;frees your financial resources from tedious audits.&nbsp;</span></span><br/></p></div></div></div></div></div>
</div><div data-element-id="elm_EyDKdZjjLic7OwtSaSuYUw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_EyDKdZjjLic7OwtSaSuYUw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:26px;">Embracing disrupting technology first&nbsp;</span></h2></div>
<div data-element-id="elm_UVeyhvxpnQHChi03ARZJJw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_UVeyhvxpnQHChi03ARZJJw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Regardless of digital adoption&nbsp;and&nbsp;growth, countless property managers still rely on manual processes. Back office tasks are the most prominent. It keeps them from taking advantage of data science and other innovations.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Luckily, RPA&nbsp;</span><span style="font-size:11pt;">is starting to disrupt this mindset</span><span style="font-size:11pt;">. This technology has gained considerable traction in the real estate industry. Its intrinsic benefits are fantastic by themselves. However, it’s pushed adoption for other technologies, and that’s the primary advantage.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_TeAX-VAU8K7vxQs2KMVPxg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_TeAX-VAU8K7vxQs2KMVPxg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Evolving digital adoption&nbsp;</span><br/></h2></div>
<div data-element-id="elm_Ixf-S8AVbufNO09C2wOcQA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Ixf-S8AVbufNO09C2wOcQA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Demand has increased for more efficient and transparent business practices in real estate. The industry offers significant amounts of data available, and traditional methods don’t leverage this advantage.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Digital adoption promises a solution for most of these problems. Improvements in data deliverability and business processes can yield superior results and better profitability. RPA has become the first step for many companies, and it regularly bridges other technologies.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_jsp2J-OWhfSCfGnXtuYrTA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_jsp2J-OWhfSCfGnXtuYrTA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Use of RPA Post Pandemic&nbsp;</span><br/></h2></div>
<div data-element-id="elm_Rqf83thekLnSlE-cq0QmpQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_Rqf83thekLnSlE-cq0QmpQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">RPA has come on top of other solutions because of its intrinsic advantages, especially for the post-COVID world. Firstly, it saves considerable resources that managers can relocate to more critical projects.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Additionally, it streamlines decision-making with the recently-freed resources. You can also boost operational efficiency: faster paybacks,<span style="color:rgb(48, 4, 234);">&nbsp;</span></span><a href="https://www.assetsoft.biz/ai-intelligence-data-forecasting" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">forecasting</span></span></a><span style="font-size:11pt;">, and company scaling. It does more than collecting and processing data effectively. It’s also more transparent, accurate, and free from fraud.&nbsp;</span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_XdC1HfsJiCu6cRBWO6sH9A" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_XdC1HfsJiCu6cRBWO6sH9A"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Automating the correct processes</span><br/></h2></div>
<div data-element-id="elm_gYNvlMkYiDTKdepiKXhjtg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_gYNvlMkYiDTKdepiKXhjtg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Finally, our services go beyond standard RPA. You need to assess which tasks you can automate, following specific criteria. Essentially, automatable processes need to be repetitive, driven by rules, and founded on data.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">These aspects allow you to create automation scripts based on specific signals and triggers. Many companies don’t find the right tasks for RPA, and they fail to leverage all the benefits. Working with us ensures you can find all room for improvement.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_a6IZu9BUv0AiOBAjA-UMCg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_a6IZu9BUv0AiOBAjA-UMCg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:26px;">Get Started with Assetsoft&nbsp;</span><br/></h2></div>
<div data-element-id="elm_RrdMrcCd-bhhV7Q5Fval7A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_RrdMrcCd-bhhV7Q5Fval7A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">We offer&nbsp;comprehensive solutions&nbsp;that meets your&nbsp;different&nbsp;needs. You don’t have to worry about working with someone that applies the same strategies for everyone. We adapt to you.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Choose an ERP integration that fits right in to your business model. From Yardi consulting to MRI integration, we can help you implement technology and&nbsp;methodology according to your goals and requirements.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">We interview you and your users to find where you can improve. We also provide regular review periods for every RPA script and task.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_C1oLGU-RsRB4SNT-xP1uTg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_C1oLGU-RsRB4SNT-xP1uTg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Personalized methodologies</span><br/></h2></div>
<div data-element-id="elm_tbgXsBg9l0k2UGwbv4IHkw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_tbgXsBg9l0k2UGwbv4IHkw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Every solution begins with an interview to assess your needs and goals. This step enables us to find every automation opportunity within your company.&nbsp;&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_hkkYEdltlT-9Tiu_v_GLcA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_hkkYEdltlT-9Tiu_v_GLcA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Dedicated support&nbsp;</span><br/></h2></div>
<div data-element-id="elm_ZRCg77NS753B9BFMOYIGiw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_ZRCg77NS753B9BFMOYIGiw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;font-size:11pt;">Once the implementation process has finished, we can provide a&nbsp;</span><a href="https://www.assetsoft.biz/support-services" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;color:rgb(48, 4, 234);">dedicated offshore help desk</span></a><span style="color:inherit;font-size:11pt;">&nbsp;for your company. We allocate unique resources for every company, so you can rest assured your support department will be ready at all times.&nbsp;</span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_H8Y2ZWfkTn25oZmipkIbqg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_H8Y2ZWfkTn25oZmipkIbqg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Solution variety&nbsp;</span><br/></h2></div>
<div data-element-id="elm__jNKOBkxx_M1CbvS7mN26w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm__jNKOBkxx_M1CbvS7mN26w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">We can pair your RPA scripts with multiple integrations. If you’re using ERP, CRM, and other types of software, we can probably integrate it with automation scripts. Additionally, we can implement other solutions if you need more features and systems to boost your company’s digitization.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_JdcAcEp2HHdi8JxHsCxiPQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_JdcAcEp2HHdi8JxHsCxiPQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:21px;">Professional resources&nbsp;</span></h2></div>
<div data-element-id="elm_lHn39NBHf5KFE4hDYtSo4A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_lHn39NBHf5KFE4hDYtSo4A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Finally, our team receives constant training and testing to guarantee the best service in the market. This staff works as an extension of your company, constantly consulting with you and requesting feedback. This way, we guarantee the results you expect.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_j-6BtzzxcC05uk5hT58-bQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_j-6BtzzxcC05uk5hT58-bQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="font-size:26px;">Why should you work with us?&nbsp;</span><br/></h2></div>
<div data-element-id="elm_48pUB9kpABijnm28zGhfiA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_48pUB9kpABijnm28zGhfiA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:9.3333px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">We’ve been the main implementation force for dozens of companies worldwide.&nbsp;The Assetsoft&nbsp;portfolio contains companies of all sizes, inventories, and needs.&nbsp;We help implement the best RPA solutions for your business, from UiPath to Microsoft Power Automate.&nbsp;&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">From&nbsp;back-office functionality&nbsp;to ERP integrations, we can help you&nbsp;overcome your competitors.&nbsp;</span><a href="https://www.assetsoft.biz/robotic-process-automation" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">Contact us today</span></span></a><span style="font-size:11pt;">&nbsp;to know how we can help automate essential tasks in your business.&nbsp;&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 05 May 2021 11:00:00 -0500</pubDate></item><item><title><![CDATA[How Can The Government COVID-19 Stimulus Affect Commercial Real Estate? ]]></title><link>https://www.assetsoft.biz/blogs/post/how-can-the-government-covid-19-stimulus-affect-commercial-real-estate</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Government COVID-19 Stimulus Affect Commercial Real Estate - Squr.jpg"/>Everyone knows that COVID-19 has shaken the real estate sector. Some markets experienced prominent growth, yet many others suffered remarkable losses. ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_DluRX2y3RIicZ_1ndmYfvA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_p2MkK2rTS_qvSS0nfXoJSw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_gmv6KgubRXOZtJrlOX9nYg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"> [data-element-id="elm_gmv6KgubRXOZtJrlOX9nYg"].zpelem-col{ border-radius:1px; } </style><div data-element-id="elm_Noojk7h9AmeXspHZIULxRQ" data-element-type="image" class="zpelement zpelem-image "><style> [data-element-id="elm_Noojk7h9AmeXspHZIULxRQ"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Government%20COVID-19%20Stimulus%20Affect%20Commercial%20Real%20Estate%20-%20rect_.jpg" size="large" alt="How Can The Government COVID-19 Stimulus Affect Commercial Real Estate? " data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_sLJuDV0DTp6KtyWlCRbKBA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_sLJuDV0DTp6KtyWlCRbKBA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">Everyone knows that COVID-19 has shaken the real estate sector. Some markets experienced prominent growth, yet many others suffered remarkable losses. However, the virus itself has had a negligible effect when compared to state measures.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">The truth is that most of the benefits and losses suffered by many industries come from government regulation. Strategies, such as lockdowns, remote work, and financial stimuli have been the main players behind the financial change.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Now, a new stimulus package is set to hit the US. It offers enormous relief for many individuals. But, does that mean the commercial real estate sector can benefit similarly?&nbsp;</span></p></div></div>
</div><div data-element-id="elm_lXt7ZD3VSIqT4lNBo4kNgw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_lXt7ZD3VSIqT4lNBo4kNgw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">The stimulus’ effects&nbsp;</span><br></h2></div>
<div data-element-id="elm_UGj5d6fHPi83UcWJ1JAekA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_UGj5d6fHPi83UcWJ1JAekA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">McKinsey &amp; Company has<span style="color:rgb(48, 4, 234);">&nbsp;</span></span><a href="https://www.mckinsey.com/business-functions/operations/our-insights/the-effect-of-government-stimulus-on-commercial-real-estate-amid-covid-19?cid=soc-app" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">an excellent breakdown</span></span></a><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">&nbsp;</span>of how government measures affect commercial real estate. The most prominent hit to commercial real estate has been lockdowns and remote work measures. The need for office space has plummeted.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">The “downfall” for office and retail real estate—including malls—is a major financial hit for the country’s economy. The industry is among the largest liquidity and employment sources around the world. Rent referrals and eviction moratoriums have provided bittersweet results for real estate, yet financial support has been vital for survival.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Luckily, the article does state that governments understand how important it is to keep tenants, landlords, and properties financially secure. Nevertheless, experts still debate whether this aid has been truly beneficial.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">For instance, dozens of companies have been driven to hire help from third-parties. For instance,&nbsp;</span><a href="https://www.assetsoft.biz/financial-services" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">our financial services</span></span></a><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">&nbsp;</span>have been a fundamental advantage for many clients.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_S3ZZY7mUEO1JTIJZreeC-g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_S3ZZY7mUEO1JTIJZreeC-g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">What do these programs entail?&nbsp;</span><br></h2></div>
<div data-element-id="elm_mFZdVYSc32OrffeBr4jqeA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_mFZdVYSc32OrffeBr4jqeA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Right now, most government financial aid is federal. That means allowing for more significant financing for direct support from federal funds. The best example is the stimulus checks for employers, allowing companies to relocate resources to critical costs.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">The same is true for tenants and landlords, with these checks allowing renters to meet their dues. For instance, Canada allowed for 50% rent coverage loans for landlords, with tenants and landlords absorbing the remaining half. This program escalated for 65% on rent and mortgage interest for commercial space.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The UK has focused mainly on eviction moratoriums. However, France has provided excellent tax credits for landlords leasing to commercial tenants. Green building retrofits have also been fundamental in these stimuli.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_ToIglmW4_F3rbB6IBiAWkQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_ToIglmW4_F3rbB6IBiAWkQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Landlord and tenant uptakes</span><br></h2></div>
<div data-element-id="elm_WYmsWCfQir4aQUfqQwWlzQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_WYmsWCfQir4aQUfqQwWlzQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Uptake related to these programs varies depending on the country. Canada has offered 900 million CAD for commercial rent support. Unfortunately, the article mentions that solely 163 million CAD have been spent, benefitting only 21,000 businesses from the 1.2 million expectation.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">The main reason seems to be the arduous application process for these programs. As a result, landlords prefer to avoid leveraging more debt—despite the loans being partly forgivable.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The UK has shown significantly more uptake, with £50,000 provided as loans for small businesses. The payment period is ten years for this “Bounce Back Loan” program. In this case, demand has exceeded expectations considerably.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_NqNhBmg6L6M2tR1p_PwWrQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_NqNhBmg6L6M2tR1p_PwWrQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">What does it mean for metrics and asset value?&nbsp;</span><br></h2></div>
<div data-element-id="elm_MNdfRsgTpAkmkUfNoKt17g" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_MNdfRsgTpAkmkUfNoKt17g"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The article does mention that it’s still difficult to measure the real scope for governments’ market intervention. Currently, experts believe that landlord relief efforts aim to prevent market panic resulting in massive sales.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Additionally, sublease markets have experienced minimal demand, clashing with the abundant supply in the sector. Financial institutions have failed to remark asset values, and business closures are still prominent.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Regardless, the report does agree that the stimulus programs have cushioned the overall damage. Rent relief has been crucial for keeping asset values stable with income and occupancy continuity.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_hYwQ8ZgEri_QJBFi78scCw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_hYwQ8ZgEri_QJBFi78scCw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Market distortion</span><br></h2></div>
<div data-element-id="elm_TLglWIKyrxkpFt5VE8Ierg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_TLglWIKyrxkpFt5VE8Ierg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">On the other hand, the article also agrees with our earlier statement: stimulus efforts have also increased other problems, like the construction market. Most projects didn’t stop during COVID-19, with temporary pauses being the common strategy.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Green retrofits have aided to stimulate the economy, yet they came with a cost. Construction costs have increased, bringing new risks to real estate. Similarly, eviction moratoriums have frozen several markets, as tenants tend not to pay rent—even when they can.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">All of these measures result in market distortion. Assets aren’t being traded, and therefore, measuring their real value has been a noticeable challenge. Loan institutions have a harder time measuring risks as well.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The main problem is that the “stability” brought by government stimuli is temporary. There’s no way to assess how the market will react after government support ends. Therefore,&nbsp;</span><a href="https://www.assetsoft.biz/ai-intelligence-data-forecasting" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">proper forecasting</span></span></a><span style="font-size:11pt;">&nbsp;is more difficult than ever.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_R2OFxHtWCcxVZYglSZgidg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_R2OFxHtWCcxVZYglSZgidg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">What else should you keep in mind?&nbsp;</span><br></h2></div>
<div data-element-id="elm_WZf3K_2qHpgr4YaFHB94lQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_WZf3K_2qHpgr4YaFHB94lQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The last section of the article touches on considerable approaches for the future. In general, there seems to be more room for improvement regarding commercial real estate. Rent relief could be more effective, adding measures like direct tax credits for landlords.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Generally, tax relief has been among the ideal measures, as shown by governments implementing it.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">However, landlords and tenants are critical for ensuring the industry survives this problem as unscathed as possible. The ideal way to reduce damage is to communicate effectively and agree on the best approach for both parties. Therefore, enabling&nbsp;</span><a href="https://www.assetsoft.biz/voice-integration" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">straightforward communication channels</span></span></a><span style="font-size:11pt;">&nbsp;is a worthwhile investment consideration.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_8T4FtcVjjuM8Nl1KW8cxQw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_8T4FtcVjjuM8Nl1KW8cxQw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">Another country’s perspective&nbsp;</span><br></h2></div>
<div data-element-id="elm_6cKYdfJNLNoL8uDSOaorgw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_6cKYdfJNLNoL8uDSOaorgw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The Mumbai Mirror released a<span style="color:rgb(48, 4, 234);">&nbsp;</span></span><a href="https://mumbaimirror.indiatimes.com/coronavirus/news/covid-19-stimulus-two-major-reliefs-but-real-estate-sector-wants-more/articleshow/75723664.cms" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">fascinating article</span></span></a><span style="font-size:11pt;">&nbsp;last year on the same subject. The most prominent takeaways are how major relief efforts have benefitted the market. The government released two major efforts as soon as the pandemic hit.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The main focus for these announcements was the regulatory side, thanks to the force majeure represented by the pandemic. While the relief was a lifesaver for the sector, most experts agreed that there was still more to do.&nbsp;</span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_3BFarl5Lurip_nSK1C-C9g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_3BFarl5Lurip_nSK1C-C9g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">A vital benefit for real estate&nbsp;</span><br></h2></div>
<div data-element-id="elm_0w-BHpJ_fIiF1aP3c9yTnQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_0w-BHpJ_fIiF1aP3c9yTnQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Infusing liquidity into the real estate sector has been imperative for curbing the general financial downturn. Allowing more time for completing real estate projects has been one of the highlights regarding the main advantages provided by the program.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The six-month extension for project completion has been fundamental for reducing development stress. Similarly, the liquidity efforts have also provided much-needed relief for the real estate sector.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_YoTwWj0sfvArICUv-sf0fA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_YoTwWj0sfvArICUv-sf0fA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Demand should remain a priority&nbsp;</span><br></h2></div>
<div data-element-id="elm_X7hsyx8EG9aFDZ0KQ26qMw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_X7hsyx8EG9aFDZ0KQ26qMw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">However, not all experts agree that these efforts have sufficed. While liquidity and timeline extension benefits have provided substantial benefits, demand is still a problem. The general opinion was that announcements should also aim to boost demand for the real estate sector.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">It’s important to note that the announced measures made it easier to complete construction projects. That means allowing for more market supply, and demand must meet this supply for stability. If supply increases without demand doing the same, a new range of problems will arise regarding asset value and market saturation.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Again, tax benefits were a recommendation for home loans. These types of measures are fundamental for encouraging demand growth, as purchasing and renting possibilities become more substantial.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_OZ9YMqH7XFkUw9RBc7PVag" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_OZ9YMqH7XFkUw9RBc7PVag"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">What can we learn from this news?&nbsp;</span><br></h2></div>
<div data-element-id="elm_y3AWQxcIlZQ2dBsbrgdcfA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_y3AWQxcIlZQ2dBsbrgdcfA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Around the world, the forecast seems to be the same. Boosting liquidity without promoting demand is an incomplete benefit. Cash flow and supply increases are negligible when the risks outweigh the benefits.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Therefore, governments need to understand that the real estate sector benefits greatly from trading assets. If that isn’t possible, assessing property values after the stimuli stop becomes too uncertain. The withdrawal could negate most of the benefits currently provided.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_-pi5mzMaxy_4mDeiIFg0jQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_-pi5mzMaxy_4mDeiIFg0jQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:26px;">The commercial real estate sector is changing rapidly&nbsp;</span><br></h2></div>
<div data-element-id="elm_vdZtUp9CFre7TRdrasw2qA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_vdZtUp9CFre7TRdrasw2qA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">During the third quarter of 2020, The UCSB Current released a deep analysis of&nbsp;</span><a href="https://www.news.ucsb.edu/2020/020008/covid-19-and-commerce" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">how COVID-19 and government response</span></span></a><span style="font-size:11pt;">&nbsp;have changed commercial real estate. Interestingly, the pandemic has generated more data than economists had been used to.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">The same holds for real estate. Plummeting markets could grow noticeably in months, and the opposite is true. One of the fundamental considerations is the COVID-19 vaccine.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_cBjWywGwyuYRkUskW51TWw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_cBjWywGwyuYRkUskW51TWw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">What does the vaccine mean for business?&nbsp;</span><br></h2></div>
<div data-element-id="elm_wWAFzd7AT8-YlQ1hLPvJaA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_wWAFzd7AT8-YlQ1hLPvJaA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Most economists expect GDP to grow considerably with the vaccine’s availability. For perspective, the article mentions that COVID-19 could mean both the largest decline and increase in US history.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Commercial real estate has been among the hardest-hit industries for the pandemic. However, recovery has been slow but steady. The market is significantly more active, but most experts expect the recovery to take a while.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_sPB1JECpKZ1lUlAqriyXEw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_sPB1JECpKZ1lUlAqriyXEw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">Can commercial real estate recover faster than expected?&nbsp;</span><br></h2></div>
<div data-element-id="elm_v5nRZFqftvoG5BH6PRiNbg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_v5nRZFqftvoG5BH6PRiNbg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">However, the article also points out that government stimuli, along with the vaccine, have provided noticeable growth earlier than expected. The market is generally more active lately, and major players are expected to enter the market again.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Nevertheless, different sectors will need to adapt quickly to make sure they make the most out of this recovery. That means repurposing properties, like office space. However, this year shows some promise regarding recovery for commercial real estate.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_mzJ3qryfvwfH5WT4ZSwpmg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_mzJ3qryfvwfH5WT4ZSwpmg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left " data-editor="true"><span style="color:inherit;font-size:21px;">It’s still a long road for some sectors</span><br></h2></div>
<div data-element-id="elm_iCJD0l8ukmpQVs1YsBWQQw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_iCJD0l8ukmpQVs1YsBWQQw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">As mentioned, many sectors will need to transform and adapt if they want to benefit from the demand increase. Office space is one of the most prominent examples. Remote work will likely become the standard for multiple companies.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">However, most experts seem to agree that it’s very difficult for office demand to disappear entirely. The article does mention how creating a working culture remotely is a challenge. The difference will be how different companies and property managers take advantage of the increased cash flow provided by the government’s relief programs.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 05 Mar 2021 09:00:00 -0500</pubDate></item><item><title><![CDATA[Cant Afford Your Rent? Here Are A Few Things You Can Do About It ]]></title><link>https://www.assetsoft.biz/blogs/post/cant-afford-your-rent-here-are-a-few-things-you-can-do-about-it</link><description><![CDATA[<img align="left" hspace="5" src="https://www.assetsoft.biz/Can-t affort Rent - Squr.jpg"/>COVID-19 has been a disaster for many. Countless people lost their job, and everyday expenses became an uphill battle. Rent was one of those, and bans ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_2tx96JQeRbSgpzR_aEeGAg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_r1GcP16wQUKbYNDiT_ISYg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_3vKPMr9TQEmzaLfoHxCBRA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_jGBXW-_K2zDvQNyUzwqHJA" data-element-type="image" class="zpelement zpelem-image "><style> @media (min-width: 992px) { [data-element-id="elm_jGBXW-_K2zDvQNyUzwqHJA"] .zpimage-container figure img { width: 800px ; height: 171.25px ; } } [data-element-id="elm_jGBXW-_K2zDvQNyUzwqHJA"].zpelem-image { border-radius:1px; } </style><div data-caption-color="" data-size-tablet="size-original" data-size-mobile="size-original" data-align="center" data-tablet-image-separate="" data-mobile-image-separate="" class="zpimage-container zpimage-align-center zpimage-tablet-align-center zpimage-mobile-align-center zpimage-size-large zpimage-tablet-fallback-large zpimage-mobile-fallback-large hb-lightbox " data-lightbox-options="
                type:fullscreen,
                theme:dark"><figure role="none" class="zpimage-data-ref"><span class="zpimage-anchor" role="link" tabindex="0" aria-label="Open Lightbox" style="cursor:pointer;"><picture><img class="zpimage zpimage-style-none zpimage-space-none " src="/Can-t%20affort%20Rent%20-%20Rect.jpg" size="large" alt="Can’t Afford Your Rent? Here Are A Few Things You Can Do About It " data-lightbox="true" style="width:1280px;padding:0px;margin:0px;"/></picture></span></figure></div>
</div><div data-element-id="elm_z46H_SdyScytZGg2vdMSTw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_z46H_SdyScytZGg2vdMSTw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><p><span style="font-size:11pt;">COVID-19 has been a disaster for many. Countless people lost their job, and everyday expenses became an uphill battle. Rent was one of those, and bans on evictions were necessary to keep people from homelessness.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">Today, we can say everything has improved noticeably. Lockdowns have eased, and many workers have been returning to their jobs. The promise of a vaccine offers nothing but hope for things to go back to normal.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">However, that doesn’t mean everything is fine. Recovery is a long road, and countless people still struggle to meet basic expenses. Rent is one of those, and if your due date is coming—and you don’t have any money—you’re in the right place.&nbsp;</span></p></div></div>
</div><div data-element-id="elm_alwt6wuuT96D_hOAo8lGkw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_alwt6wuuT96D_hOAo8lGkw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:26px;">A reality for many: Common strategies you can use&nbsp;</span><br/></h2></div>
<div data-element-id="elm_mYTIWp4rwcL9bAfZ5_7NNA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_mYTIWp4rwcL9bAfZ5_7NNA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">ABC News</span><span style="font-size:11pt;">&nbsp;already covered this subject last year. Their report goes through the case of a single mom who lost her job amid lockdowns. Unfortunately, that's a prevalent story these days, but her solution shows there's always an option.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">In her case, she ran a crowdfunding campaign to help her pay rent. Thankfully, it succeeded, and she managed to remain in her apartment without having to resort to debt. Luckily, chances are you won’t need to go that far.&nbsp;</span></p></div></div></div>
</div><div data-element-id="elm_a32mFsiyn-q7u_YIWDs2XA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_a32mFsiyn-q7u_YIWDs2XA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Free options</span><br/></h2></div>
<div data-element-id="elm_h_1VyFdMDkOjMvm9Br6Bjw" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_h_1VyFdMDkOjMvm9Br6Bjw"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Naturally, our priority is not to spend any money. You can reevaluate your budgeting to find room for savings. That includes lowering your 401(k) contributions, reducing non-essential spending, and finding low-income programs.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">You can also reach out to your landlord. Today, many property managers have implemented the latest management technologies, enabling better communications, like&nbsp;</span><a href="https://www.assetsoft.biz/yardi-software" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">Yardi</span></span></a><span style="font-size:11pt;">&nbsp;and&nbsp;</span><a href="https://www.assetsoft.biz/onboarding-mri-software" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">MRI</span></span></a><span style="font-size:11pt;">. If they don’t have one, you can try calling them. Reaching out for friends, subletting (if applicable) and applying for grants are also excellent options.&nbsp;</span></p></div></div></div></div>
</div><div data-element-id="elm_cuGbjogEMO15f3SWAwLcRQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_cuGbjogEMO15f3SWAwLcRQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Investing wisely&nbsp;</span><br/></h2></div>
<div data-element-id="elm_lNu0quu8NBRpXxux3ixgJA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_lNu0quu8NBRpXxux3ixgJA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Now, investing money vital for your future should be one of the last things you try. However, that's all we can do, sometimes. If that's the case, you can consider selling stocks if you have any or acquire 401(k) eligible financing and loans.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Relief funds and other financing programs have provided critical capital for countless individuals and families. It would be best if you considered how you could invest this money only in an emergency.&nbsp;</span></p></div></div></div></div></div>
</div><div data-element-id="elm_zzfAHDvhMSbAagTKBY6MAQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_zzfAHDvhMSbAagTKBY6MAQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">High-interest financing&nbsp;</span><br/></h2></div>
<div data-element-id="elm_I2YLKtxzxy82eV0qx92ZIA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_I2YLKtxzxy82eV0qx92ZIA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">If you lack a good credit score, your only option is likely high-interest debt. That's the real last-ditch effort, but again, you shouldn't panic if this is your case. The first step is to find the least expensive options and try those first.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">For instance, you can borrow against a credit card limit. Similarly, you could try to pay your rent with credit. Finally, cash advances should be your last resort, especially considering their impact on your credit score.&nbsp;</span></p></div></div></div></div></div></div>
</div><div data-element-id="elm_Md3mxsv-E7C3SSPCvY8XKw" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Md3mxsv-E7C3SSPCvY8XKw"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:26px;">How has the coronavirus made everything different?&nbsp;</span><br/></h2></div>
<div data-element-id="elm_dcQfIUNh1rs0QgGbO_CTaQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_dcQfIUNh1rs0QgGbO_CTaQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Similarly,&nbsp;</span><a href="https://www.washingtonpost.com/business/personal-finance/no-money-for-rent-or-mortgage-heres-what-to-do/2020/03/27/652a5a92-6fb4-11ea-aa80-c2470c6b2034_story.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">The Washington Post</span></span></a><span style="font-size:11pt;">&nbsp;also provides plenty of tips for tenants with trouble paying rent. It also makes an interesting comparison in its introduction: this situation is very similar to 2008’s financial crisis.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">However, the amount of aid available during COVID-19 has been substantial in contrast. It's worth considering that the unemployment benefit applications have been a record high during COVID-19.&nbsp;</span></p></div></div></div></div></div></div></div>
</div><div data-element-id="elm_m76_Qo3w_QR5nQ073y2dyg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_m76_Qo3w_QR5nQ073y2dyg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">The US Great Recession was a lesson&nbsp;</span><br/></h2></div>
<div data-element-id="elm_8N906Emm0ouxw3x2JmjU4w" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_8N906Emm0ouxw3x2JmjU4w"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The crucial difference between the mentioned crisis and coronavirus is that financial institutions have learned a vital lesson. The unemployment levels have been staggering, and the repercussions are more significant.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Many experts believe there's a lot more risk with COVID-19. Therefore, it's in everyone's best interests to make sure they help as many as possible.&nbsp;</span></p></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_91f4eVndOgM8TSacQCe-xQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_91f4eVndOgM8TSacQCe-xQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">What have financial institutions offered?&nbsp;</span><br/></h2></div>
<div data-element-id="elm_7F3B33ehVU03SurAQcbzkg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_7F3B33ehVU03SurAQcbzkg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">The ABA (American Bankers Association) compiled a series of steps for banks to tackle COVID-19. It includes avoiding late fees on mortgages and other loans for extended periods. The same holds for the record-low interest rates.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">On the other hand, the FHFA (Federal Housing Finance Agency) also announced loan deferrals for property owners who don’t evict tenants. It’s been available only for multifamily properties with Fannie and Freddie mortgages, but that already accounts for 43% of the sector.&nbsp;</span></p></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_I18XezXvaHh9vW9utsFFDg" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_I18XezXvaHh9vW9utsFFDg"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">What can mortgage holders do?&nbsp;</span><br/></h2></div>
<div data-element-id="elm_CyLuige9399UFQeuPVqm0A" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_CyLuige9399UFQeuPVqm0A"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">A mortgage is a rent for homeowners, and thankfully, they also have plenty of options. The first step is to contact loan providers to determine if you're eligible for foreclosure suspension and similar benefits.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">Additionally, remember to research COVID-19 response measures in your area. Some areas offer loan repayments and assistance for some instances. It could also be worth seeking help to<span style="color:rgb(48, 4, 234);">&nbsp;</span></span><a href="https://www.assetsoft.biz/mortgage-and-distribution-calculations" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">calculate your mortgage and distribution</span></span></a><span style="font-size:11pt;">.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_UY2CbLkUmLCv303AzsDy6g" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_UY2CbLkUmLCv303AzsDy6g"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:26px;">The do’s and don'ts of late rent&nbsp;</span><br/></h2></div>
<div data-element-id="elm_45-SWSSYDwmc2j5SU_Cvqg" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_45-SWSSYDwmc2j5SU_Cvqg"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="font-size:11pt;">Finally,&nbsp;</span><a href="https://www.nolo.com/legal-encyclopedia/free-books/renters-rights-book/chapter3-5.html" target="_blank" rel="noreferrer noopener"><span style="font-size:11pt;"><span style="color:rgb(48, 4, 234);">law magazine NOLO</span></span></a><span style="font-size:11pt;">&nbsp;also provides excellent advice for troubled renters. It’s vital to remember that eviction moratoriums don’t mean you’re not obliged to abide by your rent. Your landlord could still leverage interest and similar penalties.&nbsp;</span></p></div><div style="font-size:12px;"><p><span style="font-size:11pt;">&nbsp;</span></p></div><p><span style="color:inherit;"></span></p><div style="font-size:12px;"><p><span style="font-size:11pt;">If you're worried about not paying rent, the most critical strategy is to bring out the topic first—all the tips from the article point toward this recommendation.&nbsp;</span></p></div></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_Eag6jkdnoqYgLlvcQBmVoA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_Eag6jkdnoqYgLlvcQBmVoA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Reach out to your landlord&nbsp;</span><br/></h2></div>
<div data-element-id="elm_HnLTjsuxsxQcUUFSIlm_nQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_HnLTjsuxsxQcUUFSIlm_nQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Your landlord is likely going through similar financial turmoil, especially if they're dealing with mortgages. They'll likely understand your situation, and they'll appreciate tenants who don't merely take advantage of eviction bans.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_gVqlyJs6C270CLLLvs-ZsA" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_gVqlyJs6C270CLLLvs-ZsA"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Don't ignore it&nbsp;</span><br/></h2></div>
<div data-element-id="elm_HeGVa7HaEZB0uabvY8dUoA" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_HeGVa7HaEZB0uabvY8dUoA"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">It can be scary to bring out late rent to your landlord. Many tenants choose to ignore their late rents, usually hoping that landlords will forget about it. That's one of the worst things you can do, significantly since it can tarnish your relationship.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div><div data-element-id="elm_tEOWODFaZCACfoMskJ-XsQ" data-element-type="heading" class="zpelement zpelem-heading "><style> [data-element-id="elm_tEOWODFaZCACfoMskJ-XsQ"].zpelem-heading { border-radius:1px; } </style><h2
 class="zpheading zpheading-align-left zpheading-align-mobile-left zpheading-align-tablet-left " data-editor="true"><span style="color:inherit;font-size:21px;">Don’t send bouncing checks&nbsp;</span><br/></h2></div>
<div data-element-id="elm_NgoHgbO-f0BfnAuhcWlZdQ" data-element-type="text" class="zpelement zpelem-text "><style> [data-element-id="elm_NgoHgbO-f0BfnAuhcWlZdQ"].zpelem-text { border-radius:1px; } </style><div class="zptext zptext-align-left zptext-align-mobile-left zptext-align-tablet-left " data-editor="true"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><div style="font-size:12px;"><p><span style="color:inherit;"><span style="font-size:11pt;">Nevertheless, nothing is more infuriating for landlords than having a rent check bounce. If you issue a check like that (or without signing it) can entitle your landlord to enforce fees on your late rent.&nbsp;</span></span><br/></p></div></div></div></div></div></div></div></div></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 03 Mar 2021 13:35:10 -0500</pubDate></item></channel></rss>