Administrative Fee: Typically, a fee paid as part of the CAM expense. Usually 10% – 15% of the CAM expenses, not including real estate taxes, assessments or insurance. Attornment: In the event a mortgage holder forecloses on the landlord, the tenant will recognize the change of ownership and the new landlord. Build-to-suit: Method of leasing […]
Glossary of Commercial Real Estate Terms Read More »
Saving money through creative financing, good management or cost segregation is always a good thing. It doesn’t make any difference where the savings or increased value comes from, it only matters that you realize the gains. This blog will attempt to answer your questions about cost segregation. Here’s a video that should help you understand
Cost Segregation|Can It Cut Operating Costs on Commercial Property? Read More »
If you own commercial real estate, I believe that the ten best ways to increase their value is through rent increases, operating expense decreases, making improvements to the property, adding amenities or exploring other income producing ideas, review/challenge the existing property taxes, change the management company and/or leasing company, change the zoning or use of
10 Ways To Increase Your Commercial Property Value Read More »
As an owner of commercial property, the property manager is an agent acting as a trustee on your behalf. The property manager’s primary objective is to oversee the maintenance of rental property, rent to suitable tenants, collect rent and account to the owner. Management Qualifications Qualifications a property manager should have: • Prior experience handling
Owning Commercial Property|The Property Manager’s Role Read More »
As the owner of investment property, you have the choice of hiring a professional property management company or managing the property yourself. As an investor, you can do retail property management yourself; however, your property’s success will never go beyond your own personal development. So, educate yourself on how to successfully manage a property and
Property Management|Hire Out or Do It Yourself Read More »