All Forum Posts by: Account Closed

@Greg V. I'm unfamiliar to the concept of "free rent". Is it necessary to include it to acquire commercial tenants?

What were some of your guy's starting points before getting into Commercial Real estate management? Any reading material, tips, warnings, strategies etc. All inputs are appreciated, thanks a bunch.

You seem well established Scott congrats on that buddy. If you don't mind discussing it, what kind of fees do you pay to your managers? And what qualities/traits do you look for when it comes to selecting a firm to manage your property? Thanks.

Great tip Scott, just out of curiousity how many commercial properties do you guys currently manage?

What are your best tips when it come to filling vacancies?

You guys are pretty damn helpful so thanks a lot guys. And I find that landing several big fishes (Commercial properties) that feeds you longer is better than managing 40-50 properties and barely breaking even. In my opinion and based on some observations, commercial property requires a firm that specializes in commercial management. Diversifying in both Residential and Commercial is fine, but residential management is extremely time consuming. Just my 2 cents guys, appreciate it.

Sounds interesting, I always figured that commercial tenants are usually a little easier to deal with as opposed to residential tenants because commercial tenants are usually professionals and established in their fields. Is it possible to charge management flat fees on a monthly basis for larger properties? I've seen firms charge $1,000-$2,000 in management fees for Class A properties (Aprtments, Anchor properties, Ofices etc.)

No problem.

Sounds good Greg, I wish you the best in your ventures and yes I just reviewed your other post. Do you do residential properties as well or just commercial?