The company is strategically closing underperforming stores as part of its "Bold New Chapter" turnaround plan, which focuses on enhancing its top 350 "go-forward" locations while monetizing other properties.

My current property manager wants to charge one month's rent (plus 10% of all rents) to manage a property newly vacated.

You can look and see what they pay for our area. usually they pay higher rents to allow section 8 tenants housing.

Commercial deals focus on the numbers, location in terms of population density and logistics, quality of construction, etc..

Do they wait until the renter is gone in November to do the repairs, and if so, do they pay for the loss of income while it's unable to be rented?

I have a local bank who just allowed me to open a $200,000 HELOC on it with no fees.Option 1: I can keep the house and rent it out.

Tenants B and C split the front yard, so they each pay $25.Include it in their rent and call it a day.

@Marquis Cobb locating a sponsor, just like investors for a deal takes time.Are you raising private money for the 60 unit deal?

Yes, it's possible to use a 1031 exchange to roll the proceeds from selling your first rental property into a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal, but there are a few important things to consider.

Speaking from personal experience on the management side of things and on the owner side of things, if you are paying a property manager 10% of your rent collected, they should absolutely be responsible for the coordination of proactive repairs based on their teams property inspections.