This month 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 Alan Dawson for a confidential discussion about our real estate agency brokerage services.