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Finding the Perfect Multifamily Property

American Apartment Owners Association

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

Property 200
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Finding the Perfect Multifamily Property

American Apartment Owners Association

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

Property 130
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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

The statute introduces the definition of “qualified commercial tenants,” targeting those who require enhanced safeguards in lease negotiations. Local district attorneys have been granted authority to enforce these requirements, necessitating a rigorous adjustment to leasing practices.

Lease 52
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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

Many times, this is merely the starting point of negotiations between a purchaser and a seller which is commonly drafted by a purchaser’s broker or attorney. It is imperative that you have a competent real estate attorney to help you by reviewing and or drafting your LOI for you.