Project Development (Property Management)
I 've been involved with 3 projects, two in TN and one in PA.
All instances, I've been entrusted with a bank account, as a second signer, making all the
calls related to expenses.
It started first with scouting out a property for this building project. Met with real
estate agents, did analysis, researched what it would take to build in that said community,
by talking with clerks/agents in these county offices.
Once land was purchased for this project, started with the building by hiring locals, buying
and checking costs of building materials, paying the contractors at different times, based
on when they reached a milestone in their project.
At this point, I became a co-signer on a bank account I managed for the landowner. I was
also on site during the building season for 2 years (1 year in a hotel while the main infrastructure
was going up) until we got a full time caretaker to live onsite.
I created a custom accounting package to track expenses for different projects (about 100 of them,
sending off periodic reports to management.
Have set up and paid the revolving monthly/quarterly bills (electrical, property insurance),
all online.
I continue to support this project, remotely, at a monthly retainer cost, by continuing to pay bills,
deal with any new projects where we have to hire a contractor, etc. I am co-signed on two accounts
now, with two debit cards.