Remove Commercial Property Management Remove Contractors Remove Finance
article thumbnail

What are the Seven Most Important Qualities that Property Owners look for when it comes to Hiring a Property Managers?

Esquire Property Management Group

Property owners are looking for managers that are able to take care of maintenance in an effective manner, addressing concerns in a timely manner to prevent small problems from becoming more serious. Make Use of Reliable Vendors: Engage in business with contractors who are dependable and economical.

article thumbnail

What is residential property management? Roles and responsibilities explained

MRI Software

If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming. Well also dive into what is the difference between residential and commercial property management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Are All the Legal Tax Deductions in Commercial Real Estate (CRE)?

Esquire Property Management Group

Are Interest on Commercial Real Estate Loans Fully Deductible? The interest paid on loans used to purchase or improve commercial properties is fully deductible. This deduction is particularly impactful for properties with high financing costs. Which Professional Fees in CRE are Deductible?

article thumbnail

What Does a Property Manager Do?

California Pacific Realty

Keeping Your Property in Top Condition Proactive maintenance is important to preserving and enhancing a property’s value. Property managers coordinate with trusted service providers and contractors to quickly address maintenance requests, guaranteeing tenant satisfaction and minimizing possible damage.

article thumbnail

What are the different types of commercial leases

MRI Software

Ground leases can also influence the long-term value and financing options for the developed property. Build-to-Suit Lease A build-to-suit lease is a commercial lease where a landlord agrees to construct a building specifically designed for a tenant’s needs.

Lease 52