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Critical Issues in Triple Net Leases Investors Should Know

Esquire Property Management Group

The vast majority of commercial real estate brokers will agree that a triple net lease is a real property lease in which the tenant is responsible for all expenditures, including the maintenance of common areas, taxes, property insurance, and utilities, in addition to the base rent.

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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

As a landlord, if you haven’t given much thought to the documents you keep—and those you discard—you risk being unable to defend your position in a dispute or pursue the tenant to collect damages in the event that becomes necessary. But, it can also be an essential resource in the event of an emergency.

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Is It Easy to Start a Property Management Company?

Real Property Management DC Metro

Fostering relationships with property owners, lenders, contractors, and other key industry participants is crucial. Participation in local real estate events, meetings, and industry gatherings is crucial for expanding your professional network. These connections could become clients or refer others to your business.

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45 Questions to Ask Short Term Rental Management Companies

Renjoy

But depending on the state, you may need a real estate broker’s license or a PM license to legally operate as a property manager. Do you have technology in place to prevent/catch parties or large events/gatherings before they happen? Are you a licensed Short Term Rental property manager? Who inspects after each clean?

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“Wildfires, Insurance & Mortgages: Will Your Home Survive the Financial Aftermath?”

Esquire Property Management Group

” The conventional Fannie Mae/Freddie Mac Note and Deed of Trust includes particular insurance terms intended to protect both the borrower and the lender in the event of property damage or loss. Without continuous insurance coverage, the lender’s investment would be at risk in the event of damage or destruction to the property.

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