Hemi Tanna

Registered with Property118.com
Wednesday 21st May 2014


Latest Comments

Total Number of Property118 Comments: 10

Hemi Tanna

11:39 AM, 9th May 2016
About 4 years ago

Do I have to disclose my Contractor Invoices?

Reply to the comment left by "Stan Barlow" at "09/05/2016 - 11:33":

Thanks Stan, that's exactly what I did. I asked a bit more detail in regards to what the accountant wants and provided the direct invoice with the details about other properties blanked out. Many thanks... Read More

Hemi Tanna

12:54 PM, 6th May 2016
About 4 years ago

Do I have to disclose my Contractor Invoices?

Thanks to everyone who has commented. I was just asking for help and guidance as someone relatively new to the industry and wanted to ensure I was acting in the right way and, to be honest, was worried the client was asking me to do something I didn't need to.

I will note here, I started at being a Property Manager by self managing my families portfolio and then, as more people (e.g. friend of a friend) approached me to help them, I decided to form a limited company and do it properly for them. I'm proud to say I've started a little business here now and pride myself on providing a fair and honest service to my clients. I take no mark ups, no commissions and I utilise buying power with contractors to lower prices of maintenance & repairs - I am a landlord first and foremost and have just decided to apply my way of managing my properties to help other landlords to manage theirs as they would themselves.

I just wanted to explain that to try to answer some of the comments insinuating I was being suspicious...actually I just lacked the experience to deal with that request.

I have in fact taken some very good advise on here and provided the invoice with blanked out information for other properties information. Many thanks all for your help... Read More

Hemi Tanna

12:41 PM, 6th May 2016
About 4 years ago

Do I have to disclose my Contractor Invoices?

Reply to the comment left by "Adrian Jones" at "05/05/2016 - 14:31":

No I do not get commission from the contractors - in fact the opposite in that as the amount of work I give to the contractors increases, they give me more discount. I pass that all to the client. I take no commission, no mark up, nothing!... Read More

Hemi Tanna

12:37 PM, 6th May 2016
About 4 years ago

Do I have to disclose my Contractor Invoices?

Reply to the comment left by "Adrian Jones" at "05/05/2016 - 09:24":

I charge the client the same as the contractor charges me. I charge 10% management fee (no vat as am not vat registered)... Read More

Hemi Tanna

12:36 PM, 6th May 2016
About 4 years ago

Do I have to disclose my Contractor Invoices?

Reply to the comment left by "Rachel Hodge" at "05/05/2016 - 09:17":

HI Rachel, Thanks, but I think words like shady are a bit harsh! I have written a few times I do not add a mark up - I will note here I am a relatively new Property Manager (2 years) and I came here to ask for some professional advise as I wasn't sure where I stood and whether it was a fair request or should I be worried about it. I have done absolutely nothing wrong and the work done was gas certification, minor repairs to boiler to bring it to code and cleaning of the property - the grand total was £320. I was looking for help from fellow property managers, but thanks for your comments... Read More