Remember what you learned the first day on the job in commercial real estate? You learned that the most important thing in the business is "Location Location Location" - they lied! It's actually "Relationship Relationship Relationship"; and today this holds more importance than ever before! Why? Simple - because people do business with those they know, like and trust and social networking opportunities like LinkedIn allow this to happen.
A per month rent increase is hardly creating a hardship for most tenants. Since parks are all about affordable housing, we're not talking 0+ monthly increases like expensive apartment complexes and condominiums - or even some single-family homes. Most park owners raise their rents 5% to 10% per year which, based on an average lot rent of 0, is to per month.
Find a reputable real estate school near you. Ask listings from your local registry office. Make sure to ask the best and reputable school in your area, don't be fooled by those fly by night schools offering similar courses but are just after your hard earn money!
Property managers are hands on in keeping your real estate well maintained and very much saleable. From the time you are looking to rent your property up to when you already have tenants, you are assured that your investment is in capable hands.
If you are dedicated and doesn't really mind if you don't get enough sleep then this profession is definitely for you. But if you think you can't handle the pressure of having sleepless nights, better forget your dream of jumpstarting a realty career.
This gray area is the reason why some locksmiths and key duplicating shops don't copy them. This is especially true for Medeco keys. Your best bet is to ask the extra resources company that gave you the keys to give you authorization and locksmiths would honor it. You have to understand locksmiths because they can lose their licenses for copying it if you're not authorized.
The moment that thought goes through your mind, you've lost the bet. It works so well, its almost devious. The problem is that sometimes the other party will go as far as to stop you when writing the check and pull the deal back.
When you go to negotiate large spaces of commercial real estate, you are usually dealing with somewhat civilized human beings. Its like blue-collar prison. When you go south of the 7-figure mark, its like waking up in an episode of HBOs Oz.
Good Cop Bad Cop is one of the most widely used methods of negotiation taught to low-level employees. It is very easy to execute, very hard for the other side to decipher, and nearly always eases any high tensions, as negotiations between amateurs have frequently been known to turn psychical.
Solve the problem as quickly as you can. Then move on to review your house rules. In there you should have a clause that states the tenant should notify you in writing of any and all repairs or complaints within a timely fashion. Remind them that if they bring it to your attention right away you can solve the problem easily. If it drags out for 1, 2 or 3 months, the tenant will be frustrated and the property manager then not only has to deal with the problem, he or she has to deal with the tenant's anger.
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