I caught up with Craig Harrison, Director of businessDEPOT Accounting to discuss the importance of budgets for a rent roll.

Both Craig and myself are finding that there is a lot of appetite for growth, particularly through acquisition.

Setting budgets and knowing how much you can spend is crucial when you are attempting to purchase a rent roll.

A budget will allow you to accurately forecast what the impact of the acquisition will be on your business.

Financiers also require a budget when assessing your financial capabilities and having a budget pre-prepared will save you time when you want to hit ‘go’ on a rent roll purchase.

If you want to ensure your structure and budget is ready for a speedy purchase, please contact Craig Harrison. If you are interested in buying or selling a rent roll please contact Brad Dean for a confidential discussion about our real estate agency brokerage services.

 

 

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The information provided on this website is a brief overview and does not constitute any type of advice. We endeavour to ensure that the information provided is accurate however information may become outdated as legislation, policies, regulations and other considerations constantly change. Individuals must not rely on this information to make a financial, investment or legal decision. Please consult with an appropriate professional before making any decision.

 

Originally authored, and video hosted by Alan Dawson.