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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

Commercial Property Management Commercial property management focuses on properties intended for business use, including office buildings, retail establishments, and industrial sites. These properties generate income, accommodate businesses, and support trade.

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Do You Know WALT (Weighted Average Lease Term), the Commercial Real Estate Guy?

Esquire Property Management Group

Weighted Average Lease Term for Commercial Real Estate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercial real estate investors and commercial property managers are well-versed in, or at least they better be.

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Investor’s guide to multifamily real estate syndication

MRI Software

We’ll also cover the risks, how to get started, and how real estate property management software could help you. By the end, you’ll have a clear understanding of the potential that multifamily syndication holds for growing your real estate portfolio.

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Multifamily vacancy rates explained: A guide for investors

MRI Software

Did you know that the average vacancy rate for multifamily properties in the U.S. Understanding this key metric is crucial for any real estate investor. Vacancy rates not only indicate the health of the rental market but also directly impact your rental income and investment returns. hovers around 6% ?

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What are Typical Commercial Property Management Fees?

Esquire Property Management Group

This fee typically ranges from 2% to 10% of the monthly gross rental income but can be higher or lower depending on the complexity and location of the property. The fee generally covers tasks such as rent collection, coordinating maintenance, responding to tenant inquiries, and managing lease renewals.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

Lease Terms: If the property is income-generating and there are existing leases, outline any relevant details regarding leases, tenants, and rental income; and any assignments that may be forthcoming.