For success in achieving the owner’s objectives, there must be open communication between the owner and the management company. The process must be continuing from the onset of the management plan based on the owner’s objectives to the dissemination of monthly and annual financial reports for the owner’s records. Meetings between the owner and the […]
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The Right Kind Of Investment
When an investor has searched for new real estate investment opportunities, finding and evaluating them is becoming more sophisticated and complex. Today’s investor in real estate must have a grasp of market conditions and potential that is usually beyond their own available time to attain. A prospective investor may have many questions about what kind […]
Read more.The CPI Escalation Rental Clause
Putting a CPI (Consumer Price Index) escalation clause in a lease is to make the lease fair to both the tenant and the property owner. A primary benefit of escalation clauses is they help protect against diminishing purchasing power related to inflation. The CPI measures monthly the average change in the prices consumers pay for […]
Read more.The Conversion Of Railroad Stations
The once abandoned small town railroad stations, which were once the busiest and most accessible buildings in a city, are no longer deserted and deteriorating but have been converted to shopping centers, entertainment venues, and hotels. Stations along commuter lines in smaller towns are being used for small cafes & coffee shops, a flower shop […]
Read more.Physical Inspection Of Investment Property
When a buyer makes an offer on an investment property, it is usually only after a thorough inspection of all of the data that is available on the financial records of the building. The physical inspection of the property could be as important or more important than the rents and expenses. Some investors pay more […]
Read more.Land Development Agreement
The acquisition and improvement of land is a large-scale operation and requires large amounts of capital. This has created methods of land acquisition that gives the developer access to and control over a large enough tract to make development economical without requiring an initial outlay of all of the capital necessary to acquire such a […]
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