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What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). But what is Common Area Maintenance, and how does it intersect with real estate expense recoveries ? What is Common Area Maintenance (CAM)?

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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

The bill has faced opposition from significant commercial property associations, including the California Business Properties Association , the International Council of Shopping Centers , and the California Chamber of Commerce , underscoring the contentious nature of this legislation.

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Modified Gross Lease: What You Need to Know

Authority Property Management

In more definite terms, a modified gross lease is a rental agreement in which the tenant agrees to pay the base rent and takes responsibility for an agreed-upon proportional share of some operating expenses associated with the rental property. These operating expenses could include utilities, insurance, maintenance, and property taxes.

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Blanket Mortgage: How to Use it as an Investor

SparkRental

A blanket mortgage is a single loan attached to multiple properties. As terms in real estate investing go, the blanket mortgage definition is pretty simple. For instance, say you come across a seller looking to sell her entire portfolio of eight properties. Enter: blanket mortgages. What Is a Blanket Mortgage?

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MRI Ascend 2024: Centralization and data stories told ‘round the campfire

MRI Software

Two hot topics at the conference included centralization in the residential real estate sector and data utilization for both residential and commercial properties. Why centralization and data? But we need something auditable. It’s a culture shift!” -MRI

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Streamlined Real Estate Services That Simplify Home Buying and Selling

Property Management Inc.

Whether you’re a landlord , property investor, or a homeowner, understanding these enhancements can help you make better decisions. Definition of an iBuyer An iBuyer is an innovative real estate company that uses algorithms and technology to buy and resell homes quickly. What is an iBuyer? Curious to see how the process works?