In commercial and retail property management, you will come across some landlords that are quite difficult to work with. Over time the relationship between the property manager and the landlord can become quite stressful (even toxic) and impact the processes on the property.

Eventually the landlord will become disgruntled and unsatisfied. In such case, they will soon move their portfolio to another real estate management agency. They could even repeat the process again a few times!

From the very start of a property management appointment it is essential that the relationship between the manager and the landlord be nurtured and encouraged. Essentially the manager has to understand the needs of the landlord, and provide the necessary solutions in a timely way. That being said, it is very hard for a landlord to respect a property manager that is lacking the skills or the knowledge required to do the task successfully.

Make no mistake, the skills and the knowledge required here is specialized, and only the best property managers should be employed for the task. On average, the salaries of commercial and retail managers are more significant than residential managers. That is a reflection on the required knowledge, expertise, and work input required.

At the top of the scale, shopping center managers and the most highly paid in the industry; however they work really hard for it. Managing, marketing, and leasing a shopping center are not easy processes.

If a new or junior property manager is employed in your agency, it is essential that they be given the support of an experienced and talented senior property manager for quite some time.

There are many things for the new junior manager to learn including but not limited to the following:

Lease administration and lease implementation – The interpretation of the lease document can be quite challenging task and requires reasonable intelligence on the part of the property manager when it comes to understanding legal documentation and property management situations. Lease administration also requires special skills when it comes to tenant mix management, tenant analysis, and vacancy management. The income for each property under management should be optimized for the plans of the landlord and the prevailing market conditions.

Tenant management systems and processes will need to be implemented. Some tenants can be extremely challenging and require a lot of ongoing daily management. This is very common when it comes to the management of retail property. If you have a shopping center with many tenants, the tenant management requirements will be very high. Tenant management processes should incorporate good business procedure and attention to detail. Many disagreements can occur as part of the day to day property management activity in any investment property.. The notes of tenant discussions and conversations that you have on a daily basis will always be critical to future evidence requirements. Protect yourself and your conversations through the maintenance of good records. Take plenty of notes. The organized in your business processes.

The reporting and control requirements for each and every landlord will differ. This means that the property manager will need to understand what each landlord expects when it comes to income, expenditure, maintenance, reports, tenant mix, and vacancy management. Some of these factors will have limitations and approval requirements to be referred to the landlord.

Financial activities within the property will vary considerably across the categories of income and expenditure. Optimizing income and managing expenditure is all part of the daily process when it comes to property performance and property optimization. Financial management is reasonably straightforward when it comes to a single tenant in a single property. Providing you understand the terms of the lease, the income and expenditure budgeting process can be easily undertaken for your client as the landlord. It is where you work on complex properties with multiple occupants that the issue becomes far more challenging. In such case, you need to look at the variances of income and expenditure over the entire year, including all the tenancies, and the complex property usage. Attention to detail is required.
Taking all of these things into account, they are the three basic categories of control when it comes to commercial and retail property management.

When all of these activities are correctly implemented and controlled, the respect of the landlord is easy to achieve and maintain. Most landlords just want to know that their portfolio and property are correctly managed within their expectations and investment plan. That is why they call it an agency service.

If you tried to think of people involved in product creation, who would come to mind? You may think of Edison, Franklin, or maybe Henry Ford. Would you ever think of yourself as someone who can create a quality product? Product creation is actually relatively easy and product launching is not that tough either! If you follow a few easy to understand steps, you could be starting the product creation and product launching process sooner than you think.

The first step in creating your information product is to know and understand your market. This can be very time-consuming, especially if you are unsure of what to do or where to look to know your market. Studying your niche market and understanding the buzz words and buying patterns can ease the process dramatically. Personally, I would recommend networking with someone who has had success in the niche market you are considering and learn from their results. If they are into product creation and not very business savvy expect some hesitation. If they only sell products and have nothing to do with product launching or product creation you may your first affiliate (sales person)! Something else you can use to find hot trends is with the Google Trends tool.

The second step is the product creation process. Take your niche market and brainstorm ideas and topics relating to it. There are a lot of product launching contests going on recently relating to a newly created internet marketing tool. There are so many aspects to the mentioned niche that literally, and unfortunately, anything can be considered an Internet Marketing tool. The reason that anyone can basically create an Internet Marketing tool is because of something called Private Label Rights products.

What I use private label rights products for, and highly recommend them in this specific manner, is to cure writer’s block especially when it is lingering. Many people base their entire product creation and product launching on a private label rights product. This is where you can start to shine and build a strong brand for yourself. If you set goals for yourself, short-term goals to be exact, you can see your product creation come into being much faster and there is a good chance with less revision needed. If you keep hitting time restraint road blocks; however there is nothing wrong with a slow and steady approach, you can consider outsourcing portions of your project. Outsourcing can be an extremely huge benefit or just as great of a disaster.

You can find someone to outsource work to at a freelance site such as Guru.com or eLance.com. When reviewing proposals it is almost mandatory you perform a background check on them as you are in essence hiring them. Doing a background check on freelancers is as easy as asking for samples of their work and reviewing feedback on the freelance site from previous customers. Depending on the size and requirements of your project this can add up to a decent sized investment, so caution is very important. One tip I always recommend to people looking to hire an individual is to ask them what they can provide you that no one else can. This simple question gives them a chance to “toot their own horn” and acknowledge where they feel most competent as far as their skill set.

The final portion of the product creation and product launching formula is the launch. This can literally make or break the effort, time, and maybe (if you invested) money you put in to your project. There are numerous aspects to product launching and although their relevance is debated in terms to their effect, experts agree all must be followed. The person in your field who you asked for product advice from can help you substantially if you have kept in touch. If not, the first thing you need to do is to create a visually appealing website with flawless design work.

I also mentioned outsourcing before, this is one aspect of product launching I have little strength in and I always outsource this portion. The website does not have to be large however the content (ad copy in Internet Marketing) must be stellar and as perfect as possible. This is where advertising knowledge or experience is beneficial. When the site is set up you now put a lead capture form on your website.

I put two lead capture pages on all products I create on the internet and is one of the best methods of getting a solid start when you are in the product launching stage. When you gain information from a prospect or someone looking to get paid for referring sales you are able to provide them updates or specials. Many people abuse their prospect or affiliate lists by in turn emailing them with a new product daily and I find the recommendations to be totally unrelated to their original need, problem, or interest.

Another stage in the product launching stage is creating a free report or demo version of your product to entice the product to sign up to your email list. Using proper follow up with this can help generate numerous sales for you. One thing you need to ensure is that your free product completely relates to your main product that you are looking to sell.

You are now ready to advertise your product launching to customers as well as the opportunity to sell for affiliates. This is the single aspect that many product creations and launches fail on. It is actually not entirely difficult. One thing you can do is write articles (and a good amount of them) on topics relating to your product. I am a huge advocate of giving a solution in forums. When you join a forum you are normally offered the opportunity to create a signature. In your signature, you should enter the link to your opt-in or lead capture page. When you respond to posts, you are advertising your opportunity.

It is not impossible to create a product and it does not have to take a long time. You need to setup a plan and stick to it. If you get stuck, look at similar and successful products to your own and try and see how they did it. When you sit down and brainstorm you will be surprised with what you can imagine.

Freedom, say the word out loud. Now close your eyes and say the word to yourself. What do you see when you say the word freedom? Do you see yourself stuck in a cubical working long hours, or do you see yourself working when you want to, in your pajamas if you choose to do so?Do you envision yourself missing out on life while you make money for companies that will never truly show appreciation for you and all you do for them. Do you see yourself living life by your terms and not missing out on any of life’s events?We were not meant to live in this world to work hard all our lives and miss out on what the world has to offer. It has been drilled into our heads for years that this is the way of life. But is it really our God given path? Your VISION?What makes us different from others who are highly successful in life? The answer is nothing, except that maybe they worked a little harder towards their goals and vision. We are all the same and we all deserve the same rewards in life, you have to be willing to make small sacrifices to make it happen though.Having a home based business can help you to achieve the freedom that you are so desperately seeking.Now before you think, “Awe man this is crazy, nobody makes money in those home based businesses.” I would like to tell you that you are wrong and I can point out thousands of people who not only attained freedom through home based business but also are living a rather nice life because of it.They had to work hard, but it is so much different when you are the boss and the work that you put in benefits you entirely and not someone else. Not to mention if anyone says to you that it is easy and you can make a million in a few days, I suggest you walk away; chances are it is not a legit operation or they would just leave you high and dry. A good leader will show people their vision. They also had to thicken their skin so they could better deal with rejection, but they did it…… And successful home based businesses are happening everyday.People are tired of working dead end jobs or not knowing if they are going to have a job. They no longer want to work for someone that can not understand that they have to leave work early because their child is sick, or in a play or musical or a game.Americans are looking for more independence and freedom from the daily grind. With the economy in peril as well as the burden the tax payers are going to have to face for generations, there is no better time than now to get into a home based business. Experts have been predicting for months that things are only going to get harder and not easier for Americans’.So far they have been right; people have lost jobs, homes, security and their very own dignity.Only YOU can change your life! Only YOU can plan your own destiny! Only YOU can make your life better and live out your dreams! Do not let anyone stop or hinder you. Those that try, evade them. They are dream stealers and they are the ones that will always be working and struggling in life. Misery loves company, and by the way, it is always fun to see their reaction when you become successful.Somehow they have time to listen to you now.