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Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income. The tenant's lease is NNN and property management fees are considered a CAM charge. If the tenant is pay...
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The owner (or property manager) of large commercial building failed to properly collect CAM charges going back 4 years. The leases typical provide for a yearly reconciliation statement from the Landlord and a re-adju...
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I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...
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Hi,
I'm trying to estimate how much the management fee and regular maintenance (snow plowing landscaping ) for a small shopping center in New Jersey about 15-20 retail stores so we can get to the real NOI with our ow...
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Hey my name is cam , I’m looking to connect with anyone who has some experience in the house flipping/rehabbing strategy! I’m super new to this and would gratefully appreciate any advice . I’m in search for a mentor o...
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The issue of HOA Transfer Fees is a nationwide practice to be questioned.If you closed on a home in an HOA you most likely noticed a few line items that are, well, just there. Ask for an explanation of the fee and yo...
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Looking for some input and help
I am a concerned home owner of an association that is 90% condos and 10% homes.
1. Is it right for a Board Member to also be a CAM of the same association?
2. We have ...
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I have 9 units (condos and townhouses) in Jacksonville FL. I have gradually taken over the management myself. I would like to expand but cannot obtain a loan to buy more myself. The properties are free and clear bu...
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Colorado-style licensing of HOA property managers: let the fox watch the henhouse. The business model to develop Community Association Manager (CAM) licensing legislation (and other HOA legislation): 1) legislators ...
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Is there a need for accounting and limited property and CAM management on commerical properties?