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Say there is a 4 unit property where each unit is the same size. 3 of the 4 units are occupied the entire year and the remaining unit is vacant the entire year. Total CAM charges are $100,000. Is the proper allocation...
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Hi BP,
I manage a multi-tenants retails and tenants have been paying an estimated $7/sf/yr for NNN. So last year 2021 the previous PM did the CAM reconciliation for 2020 and the actually NNN was supposed to be $10. ...
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New CRE owner here. One year into owning a 6 year old 8000 sf flex space that my main business leases 1/3 of with 2 other tenants.
All NNN leases and predictable CAM except this past year we had to reseal and stripe...
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Hi all. I'm interested in learning about the lifecycle of the typical Home Owner's Association, from beginning to end. I'm even more interested in the pain points HoA managers experience when trying to conduct operati...
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Hi All,Does anyone out there use RUBS for their water and sewer bills at their mobile home communities? Would you recommend it? How do you reconcile the fact that some tenants live alone, some tenants have a 2-person ...
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Hi BP
I wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonderi...
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Hey everyone. Wanted to reach out to see what property management firms you recommend in the memphis market. Thanks for the help!
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Anyone here in Florida interested in sharing experiences ? We are so regulated by Statutes in FL.....whether it's 718 or 720. Some boards have no idea or, are confused with all new laws passing every year. I am soon...
Generally, when I visit properties I like to request the tenant to be there while I'm there so that my activities are "monitored". I have a rental that the tenant has stated he has no problem with me entering without...
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Hello! We own 3 small, shopping strips in Georgia and South Carolina. So far, we manage our payroll, etc manually. We're looking for a more scalable, software solution. I.E. Is anyone aware of a software solution that...