The Robert Weiler Company

APRIL 15, 2022

Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party). A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Compliance with Laws.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

McKissock

FEBRUARY 7, 2021

Mistake #1: Not screening tenants. Though the risks are high, it is not uncommon for landlords to bypass screening new tenants. Unfortunately, there are tenants that know how to exploit this trust, and will inevitably cause you months of grief. Mistake #2: Failing to do a routine inspection of your property.

Property Management 81

Property Management Tenants Inspection Clients 81

The Robert Weiler Company

OCTOBER 15, 2021

In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. . Lacking full awareness of existing tenant lease provisions. Tip #4: Avoid fundamental mistakes.

Investing 138

Investing Real Estate Tenants Investors 138

Boston Appraisal

FEBRUARY 2, 2023

In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property. These inspections and measurements must conform to the standards and guidelines of the American National Standards Institute, also known as ANSI. It is also known as a secondary unit or in-law unit.

Inspection 78

Inspection Law Appraisal Real Estate Agent 78

Boston Appraisal

FEBRUARY 2, 2023

In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property. These inspections and measurements must conform to the standards and guidelines of the American National Standards Institute, also known as ANSI. It is also known as a secondary unit or in-law unit.

Inspection 78

Inspection Law Appraisal Real Estate Agent 78

The Robert Weiler Company

DECEMBER 15, 2022

Landlords typically provide their own leases to prospective tenants of their commercial real estate for lease. Fully understand all terms, costs, clauses, and responsibilities of the tenant and landlord regarding the commercial real estate for lease. A prospective tenant can negotiate almost all commercial lease terms.

Real Estate 78

Real Estate Tenants Landlords Property Taxes 78

The Robert Weiler Company

JANUARY 2, 2021

At its most basic level, a ground lease is not a sale of land, but rather a rental of land to a tenant that plans to build on the property. Why would a tenant opt for a ground lease? In most cases, tenants seek ground leases for land in high traffic or well-populated areas because often such land is cost prohibitive.

Contracts 143

Contracts Tenants Legal Sellers 143

The Robert Weiler Company

MARCH 29, 2023

Hiring the wrong property manager can result in missed rent, vacancies, poor maintenance, tenant dissatisfaction, and financial loss. A property manager is a liaison between the property owner and tenants, staff, or contractors. The objective of a property manager is to run the operation smoothly while maintaining tenant satisfaction.

Property Management 78

Property Management Tenants Real Estate Investors 78

Appraisal Hub

FEBRUARY 15, 2024

These appraisals are more complex, considering factors such as revenue generation, operating costs, tenant contracts, and market position. Physical Inspection: A thorough inspection of the property to assess its condition, quality of construction, and any features that may affect its value.

Real Estate 78

Real Estate Appraisal Inspection Appraisal Process 78

Property Metrics

AUGUST 13, 2020

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

Appraisal Today

OCTOBER 13, 2023

Revising the definition of personal inspection For purposes of clarification, the ASB revised the definition of personal inspection to read, in part: “(for an appraisal assignment) the appraiser’s in-person observation of the subject property performed as part of the scope of work…” There are three key elements to this definition.

Appraisal 84

Appraisal Law Contracts Business 84

Lamacchia Realty

JUNE 15, 2021

It is federal law; the Property Transfer Lead Paint Notification must be presented before the sale of a home if it was built before 1978. If a child under the age of 6 is living in the home, it must be taken care of and in compliance with the Lead Paint Law. What is my obligation/responsibility if lead paint is found?

Buyers 74

Buyers Law Landlords Tenants 74

Eppraisal

JULY 2, 2024

Laws regarding squatting vary significantly by state, with some states providing more protections to squatters than others. The state's relatively tenant-friendly laws can make it difficult for property owners to quickly remove squatters, exacerbating the problem.

Real Estate 36

Real Estate Investors Legal Fees Legal 36

Zillow

JUNE 6, 2018

She urges tenants to photograph everything in the rental property to serve as proof of the property’s condition. You don’t want to leave it up to your roommate to make sure the apartment is perfectly cleaned and ready for the next tenant,” says Seth Wanta, Chicago resident. Do a mock inspection with friends.

Landlords 36

Landlords Tenants Inspection Property Management 36

CA Realty Training

JUNE 16, 2021

Collecting rent from tenants. They’re responsible for screening any tenant that sends an application. Whether it’d be through background checks or checking the credit scores of the tenants. Also, property managers schedule home inspections. These two are essential to know your business complies with laws and regulations.

Property Management 38

Property Management Tenants Real Estate Brokerage 38

PennyMac

JUNE 2, 2022

You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. You also have to have a schedule that will allow you to address any issues that arise since tenants will have to be able to get a hold of you. Kevin Vandenboss.

Real Estate 69

Real Estate Investing Tenants Property Management 69

Eppraisal

FEBRUARY 4, 2022

Have a professional inspection performed to be sure the plumbing, electrical and HVAC systems are working properly and are not defective.     Finding a Tenant Once you purchase a rental property, your agent will help you find a qualified tenant. Be sure the foundation, roof and siding are in good shape.

Agents 36

Agents Tenants Property Management Investing 36

The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan.

Real Estate 78

Real Estate Retail Investing Tenants 78

AmeriMac

OCTOBER 28, 2024

That’s why a complete home inspection is essential when looking at REO properties. Legal and Title Issues Affecting REO Appraisals Understanding the law around REO properties is important for good appraisals. Inspectors need to note any visible damage, check how well major systems are working, and estimate the cost of repairs.

Property Appraisal 36

Property Appraisal Appraisal Legal Valuation 36

Zillow

JUNE 6, 2017

Communication With so many players involved - owner, tenant, and manager - communication is critical. “Bad tenants can be one of the most costly things for an owner," says Nathan Miller, president and founder of Rentec Direct , a property management software company. Some owners prefer lots of updates, while others want few.

Property Management 36

Property Management Tenants Landlords Project Management 36

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. Compliance with Fair Housing laws, rules, and regulations. To read the letter (PDF), click here.

Appraisal 85

Appraisal Agents Real Estate Real Estate Agent 85

The Robert Weiler Company

OCTOBER 21, 2022

In general, the full cycle of the commercial real estate appraisal process can take several days to weeks, when you factor in the inspection and subsequent investigative work. Improving your property before your commercial appraisal can increase the property’s value and attract higher-quality tenants or more buyers.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

AmeriMac

JANUARY 15, 2025

Property Inspection: Appraiser assesses property condition, features, and size. Commercial appraisals involve a wider range of stakeholders, such as investors, developers, and banks, with stricter adherence to federal regulations, including zoning laws and environmental considerations.

Appraisal 36

Appraisal Valuation Appraisal Process Real Estate 36

Will Springer Realtor

JUNE 11, 2024

The NAR settlement raised concerns over VA buyers who were never allowed to pay compensation; sellers typically agreed to cover the cost, though there are no state or federal laws that compel them to do so. The report showed a tenant-occupancy rate of 94.4%, down two-tenths of a percentage point from Q1 2023. after a 2.5%

Construction 36

Construction Real Estate Buyers Sellers 36

Property Metrics

MARCH 13, 2025

Purpose: While residential real estate is designed primarily for housing, CRE is about tenant businesses or organizations that pay rent (or other fees) to operate in the space. Steady Cash Flow : Long-term leases and multiple tenants can provide predictable income streams. Here are some compelling reasons why CRE stands out.

Real Estate 36

Real Estate Investing Tenants Investors 36