Karisa M.
Property Management Fees Included in CAM Charge
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...
Tim Allen
Stale Cam Charges on Commercial Building
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...
Cam Jimmy
My First BRRRR! With Pictures!
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...
Izzy Nathanson
Shopping center expenses estimation help
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...
Cam Morton
Beginner looking to learn house flipping method
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...
Stan Hrincevich
HOA Transfer Fees Costs Home Owners Millions
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...
Stan Hrincevich
Colorado Style of HOA Manager Licensing
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 ...
Ben Raines
Input on a CAM's actions
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 ...
Konrad Wallerstein
benefits of qualifying as CAM
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...
H. Jack Miller
Property Management Question- Accounting
Is there a need for accounting and limited property and CAM management on commerical properties?