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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

As with establishing effective communication expectations early on, developing a crisis management plan before you need it will allow you to effectively deal with unexpected problems. Legal disputes. Tenants and clients who can access an online platform to get a rapid response are more inclined to stick with you during a crisis.

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HUD Inspector General discusses NYC corruption investigation

Housing Wire

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG), the New York City Department of Investigations (DOI), the U.S. For instance, the scheme [at the center of the investigation] involves superintendents who had autonomy over what I’m going to call “micro purchase,” or smaller contracts.

Law 416
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From Tenant to Owner: The Ultimate Guide to Navigating Rent to Own Condo Programs

Movoto

Most areas with condo developments are usually subjected to homeowner association (HOA) management or something similar. The nice part is that these organizations often help keep the area in good repair and maintain a consistent look throughout the development. What Are The Cons Of Renting A Condo? Lease Option Agreement.

Tenants 36
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How to Find a Property Manager Company in Ohio

The Robert Weiler Company

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.

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Warehouse Space in Columbus, Ohio: 17 Actionable Steps to Find, Lease & Organize Your Next Hub

The Robert Weiler Company

Industrial real estate investors and developers can’t add new properties to the market fast enough. According to a recent report from commercial real estate development association, NAIOP , there is a lot of optimism for the industrial sector, nationally, as supply chain conditions steadily improve. Consider subleasing.

Landlords 144
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

Appraisal 309
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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

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. . Make Sure Your Commercial Real Estate Investment Pays Off with 5 Tips. Tip #4: Avoid fundamental mistakes.

Investing 138