I took over a commercial property lease via a lease assumption in October of 2015. Now I have received a huge CAM Reconciliation bill for the entire year of 2015. Am I responsible for paying CAM Reconciliation for the...
Hello,
I’m still new to property management for commercial real estate and would really like some help! So one of my tenants requests a triple net reconciliation every year that will show if they owe us additional in...
Are there any benefits for a property management company to hold a CAM license in addition to a real estate license? I just purchased a property management franchise, and I am trying to get everything out of the wa...
I confess that this is for my residence but I am an investor and I do hope to sell it for a profit someday.Back in 1992 I lost my mind and bought a 1.15 acre wooded lot in one of the better areas of town. I totally u...
i'm figuring out skype and am going to buy a webcam today or tmrw...being the cheap, simple guy i am, i dont want anything special or confusing....just decent quality at a decent price..any advice?? btw, this is for s...
We are getting into more retail commercial locations. Our current property management software that we want to keep does not have CAM reconciliation.Does anyone know of any software that has can do just CAM reconcil...
Hello!I'm looking to get my Community Association Manager License and according to the IDFPR, there are two ways to get it: IREM and CAMICB. Does anyone have experience with either of these programs? If so, is there o...
We have purchased a shopping center with 20+ tenants. They are on NNN leases. The leases do not specify landlord has to handle fire exit batteries, bulbs, etc. The leases actually say the tenant is responsible for kee...
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...
Hi BPI 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 wonder...