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11 January 2017 | 66 replies
And lastly, like I mentioned above with regard to the NN, NNN concept, you can pass through so many costs to commercial tenants in addition to their significantly higher ppsf monthly rent (again, usually, most neighborhoods…not all), like cleaning services, landscaping, signage, utilities for common areas, insurance, taxes, even re-facing a parking lot or repairing side walks can often be passed through to the tenant through “CAM” fees.
1 January 2017 | 43 replies
They could be sex offenders, the list goes on....Personally, i would wait to find suitable good long term tenants if you are in a good area/neighborhood.
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10 October 2016 | 4 replies
Even with bad crime and sex-offenders living within 3 blocks or more from this rental, it is telling that this rental has sat on the DMV market for 24 days in such a fast tenant filling market.
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26 October 2016 | 7 replies
Upgrade all the electrical and install new wireless water meters.The sprinkler system was there , but it wasn't active, and seller never paid the extra water fee for the sprinkler (hidden cost 175/quarter) BUT I know these ahead of time, and I calculated that in CAM cost.
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27 December 2018 | 10 replies
I would really appreciate any guidance/criticism you're willing to throw my way.County: DuPage (evictions relatively quick based on my own prof exp).Population: 49,715 (2014, 2% increase from 2000)GreatSchools.org Scores: 10-7 (mostly 9s and 10s);CrimeReports.com: 59 sex offenders; last month 25 violent crimes and 60 property crimes.
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30 October 2016 | 9 replies
It can still be an issue because if taxes go up to much then it can make CAM expenses to high for the tenants above the base rent.
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3 December 2018 | 3 replies
One solution is to maintain control of these components and their maintenance by contract (as the landlord), but Bill them back to the tenant as a CAM charge.
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6 December 2018 | 26 replies
At that time I joined my local apartment assocation and went through their CAM ( Certified Apartment Manager) program.
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5 December 2018 | 7 replies
I would suggest not using wifi cams.