Value Add Accounting with Telma Landhorian - CREPN #53

Commercial Real Estate value is simple.  What’s the Net Operating Income.  If you keep up with market rent and expenses, your property’s value will suffer.  Value Add Accounting is an easy way to increase the NOI and the value of your property.

Telma Landhorian is a CPA & MBA with experience in Commercial Real Estate.  She makes the case for an outsider’s professional review.  

One client gained $20M additional valuation after working with Telma.

Value added accounting:

The good news, you can fix this. If ownership is willing to take have a trained professional, an outsider, take a look at the books and asses what is.

First - Look at the current books.  If the NOI varies greatly from month to month with no explanation as to why, you likely have a problem.

The assessment takes a look at each and every line in the operation budget to determine how it compares to the market, and if any improvements can be made.

Next - Implement needed changes.

In order for change to be adopted by the staff, it has to be demonstrated that ownership supports the change.  Without this, nothing will change.

Ongoing - It usually takes about 6 months to make the transition from the old way to the new way.  The procedures need to include regular review and monitoring for real success.  The pain of change is the price of progress.  The benefits will be lasting and help increase the value of the property.  

For more go to:

https://landhorian.com/

https://www.linkedin.com/in/telmalandhorian