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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.
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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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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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15 August 2016 | 4 replies
Looking for anything I cam swing seller financing with.
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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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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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14 July 2018 | 11 replies
What is news to me is that the CAM fee (26k) is stated as paid to the bank that occupies the end of this building.
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9 May 2022 | 5 replies
Before I moved I worked as CAM or HOA manager, and am currently working as a property manager and plan to take my state licensing exam this upcoming week.Ideally, I'd like to buy a STR with the funds that I get from my house, however the number one thing that I find myself lacking in is my network.
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21 March 2018 | 3 replies
My experience is you get a reserve credit at closing from the seller for the items not working properly or reaching the end of their life expectancy.Even if tenants for example are base rent plus CAM and pay for it they hardly ever have the extra money on top of the estimated typical base CAM payments monthly.