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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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Why Do You Need the Assistance of the Best Property Management Company

Real Property Management Choice

You want your property to be rented out as soon as possible with a good tenant who doesn’t tear the house apart and to get the rent on time. The tenant ceases to pay rent. You become flexible with rent payments. But after a point, when you again start to ask for the rent to be paid on time they start to push you back.

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How does a Property Management Company in Torrance Benefit Landlords?

Real Property Management Choice

Long-term tenants Tenant retention is another strategy to reduce the turnover costs, such as losing rent, changing the locks, repainting walls, and replacing flooring, etc. A happy tenant is more likely to rent long-term than one dissatisfied with the property or the landlord.

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How a Property Management Company Helps in Eliminating the Mistakes Made by Landlords?

Real Property Management Choice

Most of the landlords think that they only have to collect the rent, keep the agreement paper, and that’s all. Failure to create a solid rental agreement If a landlord is renting out their property without any solid agreement, it will lead to much more serious legal trouble. at one place.

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Exploring the Roles: Can a Realtor Be a Property Manager?

Property Management Inc.

You've worked with a realtor to find the perfect property, and now you're considering renting it out to generate passive income. Property managers must be adept at financial management, including rent collection and budgeting for property expenses. Licensing requirements for property managers vary by state.

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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

COMMUNICATIONS Any written communication between you and your tenant—including letters, notes sent along with the rent check and emails—need to be filed. Storing documents in a file containing separate folders with labels, such as Leases, Contractors and Communications, and putting the papers in chronological order.