
10 August 2024 | 8 replies
In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.

9 August 2024 | 20 replies
When tenants submit maintenance requests Mynd just sends out a vendor to deal with problem.

10 August 2024 | 23 replies
After enough time in this business, most especially in C-class, you will worry routinely that you're not throwing your plumber or your HVAC guy enough work.8.

10 August 2024 | 13 replies
In today's market, your mortgage, taxes, insurance, and maintenance could be 30 - 50% higher than if you were renting.

8 August 2024 | 8 replies
Between building codes, lower maintenance cost, and better resale value, do it right.

10 August 2024 | 18 replies
No liability insurance or maintenance required.

9 August 2024 | 17 replies
My criteria is as follows:1- Primary goal is appreciation over the next 5/6 years, cashflow positive preferred but cashflow neutral at a min.2- Preferred portfolio - Duplex & SFH in TX or Duplex each in TX and FL.3- Area of interest - I-35 corridor by Austin TX and Cape Coral/Lehigh Acres FL.4- Focus is on new construction properties for obvious no immediate maintenance needs and Developer incentives on interest.I know Austin is a no brainer but I would like to get your expert opinion on Cape Coral/Lehigh acres FL area.

9 August 2024 | 5 replies
All contact, maintenance, inspection, lease, anything is handled in a waiting queue....not a call.

9 August 2024 | 4 replies
All contact, maintenance, inspection, lease, anything is handled in a queue....not a call.

8 August 2024 | 2 replies
I do, however, have virtual credit cards for vendors I have recurring payments with like cleaner, spa maintenance and yard maintenance.