You need to make sure you understand every detail: how the lease terms adapt over time, what kind of negotiating room you’ll have when it’s time to renew, and whether lenders in your area are open-minded about financing these kinds of ground leases.

In fact I have a no PITA policy, which means if you violate it you are probably getting a rent increase at next renewal opportunity, which might be next month if you are on M2M.

It’s worth asking upfront about lease renewal fees, markups on maintenance, and early termination penalties.Finally, a quick personal anecdote: A few years ago, I had a client struggling with a nightmare tenant in Mission Viejo.

Great question Rene!We

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Why not just adjust the rent to market/HUD FMR max on renewal? 

Coincidentally, I had this exact same question when renewing our local STR license as they've moved to a system (unfortunately) where the cost of the license is based on the number of bedrooms.

Focused marketing and targeting high-demand locations will be crucial for success.Commercial Properties: The commercial sector is returning, driven by renewed interest in malls and efforts to bring employees back to office spaces.

I'm frustrated and the tenant is worried and if I had it to do over again, I'd probably have just non-renewed the tenant. 

The entire project took around 3 months with EVERY square in minus the electrical( some added) being gutted and renewed.