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13 January 2017 | 12 replies
I don't think they would mind not having a front street and things like feeders, trail cams, tree stands, etc. don't really do anything to the land and would be put up by the people leasing the land.
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23 February 2017 | 4 replies
For retail properties that are MTNL we look at the bank statements with checks each month to match up base rent and CAM amounts.We do a lot of due diligence upfront with an LOI so we do not waste a bunch of money in PSA phase.
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12 October 2015 | 8 replies
You have base rent plus CAM on those type properties.If an STNL and a NN lease then you still are responsible for roof, structure, parking lot, utility lines, etc. ( it varies when the lease was created what was written in ).If NN lease I want to see a 75 basis point premium in the purchase price or higher to offset the NN versus NNN.The primary lease term the rental increases cannot be renegotiated and they have to pay it.
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1 September 2016 | 3 replies
Hey y'all I'm Cam and I'm trying to become a wholesale guru!
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2 September 2016 | 3 replies
Do I need a CAM qualification to manage my properties or to manage other peoples?
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5 January 2016 | 7 replies
CAM $2,833.803rd floor 660 sf.
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7 March 2016 | 3 replies
Everything is discussed in $/ft when it comes to commercial, whether you are talking about acquisition cost, rents, CAM costs, taxes, insurance, etc.
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18 October 2016 | 6 replies
Some just love negotiating for the sake of it and racking up costs arguing about minutia that doesn't matter.Good attorneys focus on the main points and let their client decide what is best after giving an opinion.Sounds like Rick you are doing a retail space that is NNN meaning there is the base rent and then CAM above that.
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9 May 2016 | 4 replies
There are what are called triple net leases (NNN) where the tenant is literally responsible for EVERYTHING but would not expect you could write that kind of lease for the space you are describing.As you scale up in the commercial world it is common to see a base rent and a separate amount to cover Common Area Maintenance (CAM).
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27 April 2017 | 3 replies
Hello, fellows BPs,My name is Cam Hua, I am a relatively new Pro member at BP.