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26 January 2025 | 14 replies
There were lease violations disrespecting the other neighbor's leased space and harassing the other neighbor and they smoked in the property against lease, lied about conversations, has made up stories about plumbing issues that plumbers couldn't find causes to, tried to get a dehumidifier and force me to pay, accused me on two different occasions very agressively in regards to the heat/electric service.
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30 January 2025 | 6 replies
When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.
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17 February 2025 | 6 replies
Many employers are seeing now as a great time to opportunistically buy or lease, usually downsizing, into new office spaces in the district during this period where there are still depressed prices, even on some Class A office spaces.The Resurgence of the Office Market in D.C.The resurgence of employers returning to the city with the pandemic fears now in the rearview mirror is apparent with Q4 of 2024 being the first quarter of positive leasing absorption for office space in the District over the last 10 quarters (Source) Another example is Boston Properties Group (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A Office space in the United States, is building a 320,000 square foot new trophy office in Downtown DC, with 5 floors already pre-leased to the global law firm McDermott Will & Emery as well as the Rockefeller Group developing a 422,000 square foot office building slated for delivery in 2026 at 600 Fifth St.NW, which is similarly 50% pre-leased (Source).
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26 February 2025 | 8 replies
You should be able to blend a first lien position Commecial loan with a seller carried 2nd to reach the determined dispo price so long as the debt service meets minimum guidelines.
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27 January 2025 | 3 replies
On the other hand, I’m hesitant to simply pay down more of a property, as we don’t need the immediate cash flow.Fortunately, both my wife’s job and mine are recession-proof, which allows us to be a bit more aggressive with our investments.I’d really appreciate advice from investors who have experience with frequent moves or military service.
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15 January 2025 | 6 replies
The property has two residential units on the second floor and first floor is a retail space.
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31 January 2025 | 5 replies
What happens if the water service line has to be replaced?
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25 January 2025 | 0 replies
At which point our evaluation should rise on the community for closer to $4,000,000.00We've enjoyed digitizing all payments, streamlining service, as well as infilling new homes.
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25 January 2025 | 0 replies
At which point our evaluation should rise on the community for closer to $4,000,000.00We've enjoyed digitizing all payments, streamlining service, as well as infilling new homes.
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18 February 2025 | 25 replies
Do you offer such services?