Housing Wire

JANUARY 19, 2022

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Just imagine tenants moving out several times a year! They may also wonder what’s wrong with the property if tenants keep moving out.

Property Management 388

Property Management Tenants Tools Landlords 388

The Robert Weiler Company

SEPTEMBER 25, 2020

The day-to-day property management can include everything from picking up the phone for a tenant complaint to contacting a local vendor for a maintenance request. Tenant Management. Your property management company should also be well-versed in tenant management. Show prospective tenants the vacant units and the property.

Property Management 143

Property Management Tenants Real Estate Inspection 143

Mortgagebroker News

SEPTEMBER 19, 2022

It will require landlords to have their rental units inspected on an annual basis

Landlords 69

Landlords Tenants Inspection 69

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

The Robert Weiler Company

APRIL 5, 2023

LawDepot™ explains a sublease as, “… a legally binding contract between a tenant and a new tenant… The sublease gives the subtenant the right to share or to take over the rented premises from the first tenant.” Conduct due diligence on the tenant you’re subleasing from as well as their landlord.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Housing Wire

OCTOBER 1, 2022

There had been nearly one-third of buyers who waived an inspection or appraisal contingency, but the last month it fell to just over 20% for both. Investors may have been attracted to the market as they saw rents increase for tenants. Unfortunately, the share of first-time buyers remains suppressed at just 29% last month.

Realtors 395

Realtors Housing Market Marketing Buyers 395

The Robert Weiler Company

JANUARY 7, 2021

However, not every prospective tenant fits the type of tenant the landlord is looking for, such as business standing, financial situation, etc. Prior to executing an office space lease agreement, the landlord may put the prospective tenant through a financial verification process. Office space in our region is in demand.

Landlords 148

Landlords Tenants Real Estate Law 148

GoForrmz

AUGUST 25, 2022

They offer a more efficient maintenance experience for clients, tenants, and internal teams! Jobsite Inspection The Jobsite Inspection Template makes it easy to perform inspections on a periodic basis. Why Do Maintenance Teams Need Digital Forms? GoFormz digital forms are much more than a paperless solution.

Inspection 78

Inspection Tenants Modernization Clients 78

GoForrmz

MAY 8, 2023

These forms can be anything from safety inspections to service records! ” — Corey Bland, Development Manager, CCDC See how CCDC digitized their compliance paperwork to streamline application processing and tenant communication. While reviewing your data is a good idea, it can be time-consuming to sort through paperwork.

Business 148

Business Legal Design Tenants 148

Housing Wire

MARCH 2, 2022

This bottleneck has led to significant housing shortages, and left tenants and renters facing ludicrously high housing costs. Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse.

Development 324

Development Real Estate Design Local Properties 324

McKissock

JANUARY 14, 2022

A tenant came along with a large dog and was in the house for one year. Two years and two tenants later, I recently had to bring in a specialist because there was still a urine odor in an area of the living room from under the carpet where bacteria had survived the previous treatments. An intense dog odor permeated the house.

Appraisal 77

Appraisal Tenants Inspection Market Value 77

East Coast Appraisal

AUGUST 22, 2023

Make Sure the Property Is Clean and Presentable The physical condition of your property can have a significant impact on its value. Therefore, make sure that your property is clean, well-maintained, and free of any defects or damages that may lower its appeal.

Property Appraisal 52

Property Appraisal Appraisal Easement Appraisal Process 52

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

The Robert Weiler Company

MAY 18, 2022

Retail space for sale differs from other types of commercial real estate because owners are trying to either (1) attract customers, or (2) attract tenants that plan on attracting customers. Good staging gives prospective tenants ideas on what they can do with the property themselves. CRE Property #2: Retail/Restaurant Storefront.

Real Estate 148

Real Estate Tenants Retail Investing 148

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

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

Eppraisal

MARCH 15, 2022

Provide information about the property to the buyer or tenant. Disclose financial qualification of the buyer or tenant to the seller or landlord. Help the buyer or tenant to arrange for property inspections. The price or terms the buyer or tenant is willing to pay without permission of the buyer or tenant.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 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. Rent deposit account for the tenants to send their payments to.

Property Management 38

Property Management Tenants Real Estate Brokerage 38

The Robert Weiler Company

JUNE 17, 2022

Perform your own initial inspection on the apartment building and surrounding property. Get a professional inspection and commercial appraisal of the apartment building before making a final decision. Make offers on several apartment buildings for sale.

Property Management 147

Property Management Renovations Real Estate Investing 147

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

Housing Wire

DECEMBER 7, 2023

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. Mon – Sun course access.

Real Estate 367

Real Estate Real Estate Agent Law Brokerage 367

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

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

Benyon Commercial Appraiser

JULY 14, 2014

These included providing relevant information to the appraiser, appraiser independence and whether or not is it acceptable to accompany them during the inspection. These most often include a new roof, HVAC, and tenant improvements (build out).

Appraisal 36

Appraisal Inspection Contracts Tenants 36

Appraisal Today

OCTOBER 20, 2023

The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information. ADUs can be rented out to tenants, thereby adding to the supply of housing in a community.

Appraisal 70

Appraisal Design Contracts Inspection 70

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

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.

Tenants 144

Tenants Landlords Property Taxes Insurance 144

Lamacchia Realty

JUNE 15, 2021

In Maine , landlords are required to provide certain disclosures to their tenants about lead paint. In 2010, the Environmental Protection Agency (EPA) passed a rule called the Renovation, Repair, and Painting (RRP) Rule requiring firms to use EPA-approved training providers and follow lead-safe work practices when having work done.

Buyers 74

Buyers Law Landlords Tenants 74

The Robert Weiler Company

SEPTEMBER 23, 2021

When buying 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.

Retail 158

Retail Real Estate Business Training 158

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

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

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 Appraisal Process Inspection 78

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. Completing broker price opinions and Competitive Market Analyses.

Appraisal 79

Appraisal Agents Real Estate Real Estate Agent 79

Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Fee Appraisers will be gone in 5 years being relegated to measuring houses, property inspection, and basic condition reporting. Be a part of the profession blamed for the collapse of the savings and loan industry.

Appraisal 52

Appraisal Contracts Sellers Business 52

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. During due diligence, you'll need to hire someone to do a property inspection and appraisal.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Cleveland Appraisal Blog

FEBRUARY 17, 2021

Especially if the repairs are on the interior since assessor’s usually do not make interior inspections. They claimed that the tenant who lived there was difficult, and it was just too difficult to let me inside. I explained why a full interior inspection is better. The assessor may not be aware of these repairs.

Appraisal 220

Appraisal Clients Inspection Market Value 220

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 Real Estate Agent Appraisal 78