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6 March 2016 | 3 replies
I work in the retail space, and a common commission is 6% of the lease value for the first five years, and 4% of the lease value for years 5 through 10.Lease value is the number of years times the annual rent.In retail, we don't often get paid commission on options or lease renewals.
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26 June 2016 | 22 replies
The tenant ended up renewing and I kept everything as is.
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7 March 2016 | 1 reply
I had to take current classes and renew it every two years.
7 March 2016 | 2 replies
It was set up as a 5 year balloon and the banker said we could simply renew it after the 5 years was up provided all the payments were made on time.
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17 March 2016 | 35 replies
I think I used Kaplan though for my last renewal and it was smooth.
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10 March 2016 | 5 replies
I am going to send out the renewal contract soon to the tenants!
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14 August 2017 | 28 replies
I am a benefactor of the Franciscan Friars of the Renewal, a group of priests and brothers who serve the poor and underprivileged.
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21 April 2016 | 11 replies
Plus, I'm not renewing her lease, she has several complaints against her in the condominium.As far as the HO6 insurance, it turns out it would cost me $3500 for my 4 condos in Florida.
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5 October 2016 | 3 replies
Just got a response of an increase to 1350 for 4 bdrm cold flat in New Britain, administered I think by NBHA, for this year's renewal - that's on an apt where sec 8 pays the entire rent, so it has nothing to do with the tenant's income.
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15 March 2016 | 4 replies
You will also want to establish lists of recent CAPEx renewals/improvements and those to be expected in the near to mid-term so you can factor them into your analysis.In addition, look at zoning, local redevelopment plans, and recent sales of similar properties to understand what is happening in that neighbourhood.