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27 April 2020 | 3 replies
It means a lot to us that we have been able to keep them working.”In New York, rent strikers want state lawmakers to impose a “universal cancellation of any rent, mortgage, or utility payments owed or accumulated during the length of this crisis,” according to a document called the “Rent Strike Toolkit” that is being circulated by tenant groups.
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11 May 2020 | 17 replies
This time, real estate's difficulties are being caused by our self-imposed closure of the economy (not arguing the merits of doing so, it's just a fact).
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29 April 2020 | 2 replies
So I thought, I did not make the self-imposed deadline.
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29 April 2020 | 4 replies
Let me say, we don't want to spend unnecessary money but we do want the job fixed properly.
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5 May 2020 | 10 replies
Furthermore, if they are TAW, nothing is stopping you from issuing new lease terms to go in effect in 30 days (consult your attorney blah blah blah), imposing penalties for continued smoking inside the property, prohibited leaving belongings in common areas (if they are doing so), etc.
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30 April 2020 | 14 replies
Loan 1 - That was self imposed.
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19 May 2020 | 53 replies
I am a big believer in not over extending and putting myself at unnecessary risk.
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2 May 2020 | 16 replies
They also want almost 12 months reserves CAM and rent averages to feel secure the owner can work through COVID going away and possibly returning again in the fall.Lenders with STNL investment grade tenants with essential businesses the lenders are not imposing those reserves and still giving great rates with minimal down.So the retail centers now for us to consider buying the cap rate has to be REALLY HIGH for dealing with that otherwise you lose one tenant and fill another one up and do a lot of treading water for not much extra additional yield.
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10 June 2020 | 4 replies
Plus a lot of business plans have a lot of unnecessary fluff packed into them.
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19 May 2020 | 7 replies
He won't encourage you to spend any unnecessary $.My secondary recommendation is Crosier & Son.