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How I have SAVED money and CUT expenses for my Real Estate Business
Thanks Wallace. Great post.



Although my property management business is an S-corp entity, I am the chief, cook and bottle washer and as such I have found that by being totally and completely involved in the day-to-day operation, I can make decisions regarding my bottom line that may go against the grain of many corporate real estate firms.
These are some of the ways I have SAVED money over the past year.....
1)   I use USPS stamps and delivery confirmation, priority and express mail. I don't use FedEx or UPS and if I have to send something overseas, I use our local DHL from our local pack n'mail. I don't pay for a postage machine lease or have a lot of money loaded into a postage machine waiting for use. I receive my business mail at a post office that is near my home and utilize their window hours when necessary.
2)    I no longer make bank deposits for my client/escrow account. Late in 2008, I started using a wealth management account through Merrill Lynch and so now I remote scan checks directly from my computer and desktop scanner. No going to the bank, writing out ... more

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