Esquire Property Management Group

NOVEMBER 14, 2024

Typical Commercial Property Management Fees and Services Explained Here Owning commercial property can be an excellent investment, providing steady income and appreciation over time, but it is not for the faint of heart. Want to Understand Commercial Property Management Fees?

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Esquire Property Management Group

FEBRUARY 2, 2025

A major component of property management is the administration of finances in a manner that is both accurate and transparent. Property owners are looking for managers that can: Collect rent in a timely manner: Follow up on delinquent payments and make sure that rent is collected in a timely manner.

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Esquire Property Management Group

OCTOBER 9, 2024

Commercial Lease Agreement Rules Have Changed Overview of Legislative Changes The implications of this law encompass foundational alterations in lease agreements, especially concerning rent adjustments, lease termination notice periods, and the stipulations regarding the pass-through of operating expenses, i.e., property taxes.

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Esquire Property Management Group

DECEMBER 11, 2023

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. Moreover, even if the policy was “blown up” and no more coverage existed the insurance company still has a duty to defend the commercial tenant in any lawsuit.

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MRI Software

SEPTEMBER 10, 2024

Understanding Commercial Lease Basics A commercial lease is a contract between a landlord and a business tenant, allowing the tenant to use the property for commercial activities. It outlines terms like rent, lease duration, and property use. Single Net Lease (N): The tenant pays rent plus property taxes.

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Second Nature

JANUARY 29, 2025

We highly recommend hiring an attorney who can help you navigate those laws and regulations. How to create a successful property management business plan Peter Lohmann , CEO of RL Property Management , lays out three critical steps for residential property managers looking to crystalize a successful business plan: Identify your ideal clients.

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