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10 May 2022 | 0 replies
My services cover the full array of real estate accounting and property management, from reconciling bank accounts to CAM reconciliations, tax returns and working with contractors and tenants.
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14 February 2022 | 7 replies
So last year 2021 the previous PM did the CAM reconciliation for 2020 and the actually NNN was supposed to be $10.
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8 July 2017 | 10 replies
The lease structured such that landlord has no responsibilities for property level expenses such as taxes, insurance , or CAM/maintenance costs and the tenant will manage the property/pay the expenses themselves.
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6 May 2018 | 6 replies
My name is Cam, I live in South Berwick ME, own a single family home and am interested in investing in multi family properties!
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15 June 2017 | 4 replies
I bring a lot to the table, and hope to find a partner for my next project.im a licensed GC and licensed CAM (condo/property manager) with good flipping experience.
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16 August 2023 | 10 replies
No Stab-Loc's or similar and etc...Sewer Cam inspection to see condition of main line onto property.Roof condition (how many are on the building re getting a refi on it somewhere down the road--2 or less).Bring a multi-family inspector and walk every unit, every roof the entire grounds.Existing liens, easements, is it condemned by the city or going into condemnation, unpaid back taxes, unpaid water or electric that will flow to a new owner, etc...
12 May 2014 | 8 replies
Warren replied he should just go for his target otherwise "Isn't that like saving sex for old age?".
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2 June 2016 | 6 replies
If you have any question you cam usually do a quick search and find answers and if you can't just ask.
14 February 2015 | 17 replies
.)- CAM (Common Area Maintenance items like yard care, snow removal, parking pavement, exterior amenities, etc.)- Payroll and G&A Expenses- Advertising Expenses- Any other expenses related to the Operation of the Asset not covered above EXCEPT Debt Service, Depreciation, Income Taxes and Specific Tenant ImprovementsNOI (EGI Minus all Operating Expenses)::break::Now you can calculate your existing CAP rateYou can also set up another file for value added opportunities that would contain Potential EGI and Potential Expenses which then would give you a Value Add potential CAP RateTo derive your NCF, subtract your Debt Service from the NOI.Hope that helps!
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20 November 2015 | 7 replies
People die, move out of state, etc. so turnover is inevitable.California has some weird rules so it doesn't surprise me.On retail centers for instance the percentage is based on base rent and not CAM added onto it.