When partnerships, investment companies and their participants look at investments in commercial real estate, many tend to look at properties that have charm and glamour in marketing materials. An attractive office building, shopping center or condo project tends to have a more acceptable “status” as an investment property. One would be proud to drive by these properties and point them out as “their...
Commercial Property Investment
A significant indicator of a property manager’s success is their effectiveness in controlling overdue rents. A well-run property should not have routinely delinquent tenants. However, when delinquency does occur, immediate action must be taken. A list of all delinquent rents should be prepared showing all tenants who have not paid or have partially paid rents and other monies due. In addition, a...