Property Management
Understanding Lease Terms
When owning and managing a property, lease terms apply to both tenants and landlords. They ensure that tenants comply with their lease obligations for rent, while ensuring that the landlord complies with building maintenance obligations and accounting. Download Printable Article (PDF) >>> The Lease terms also discuss other items such as Tenant Maintenance obligations and […]
Read More....The Corporate Transparency Act – What You Need to Know
On January 1, 2021, Congress passed the Corporate Transparency Act (“CTA”) in order to reduce bad actors creating shell companies that engage in illicit activities. More public and anonymous corporations are formed in the United States than in any other part of the world, which is likely due to the ease U.S. entities can be […]
Read More....Qualifying Tenants for Commercial Properties
For many property owners, qualifying tenants for commercial properties is an afterthought. Although you may be excited to have a tenant lease the commercial property that has been vacant for some time, it is best to look at some key factors. Qualifying Tenants for Commercial Properties (PDF) >>> Before signing a lease, it’s imperative that […]
Read More....12 Commercial Property Upgrades Tenants are Looking For
Commercial property upgrades will keep your renters happy and ensure they will renew their leases. One of the most effective ways to do this is through tenant improvements (TI). These are types of renovations intended to benefit the occupants renting your property. Download Printable Article (PDF) >>> Here are 12 commercial property upgrades to impress […]
Read More....Why You Should Hire a Property Management Firm
Why should you hire a property management firm when you can do the work yourself? There are an ample number of landlords that own and manage their own properties, so why pay someone else to do it? Here are some reasons why it is beneficial to hire a property management firm like Wolf Commercial Real […]
Read More....Property Managers: Prepare Your Commercial Property for Winter
Changing seasons mean shifting responsibilities. The same methods you use to take care of your commercial properties in summer might not be adequate when the winter winds howl and there are several feet of snowfall on your roof. What should savvy property managers do to get ready for the cold season? Here are 10 crucial […]
Read More....New Year’s Property Management Checklist from WCRE’s Sam Newman
New Year = Time for the WCRE Property Management Checklist As 2021 quickly ends, we cannot help but to think, “what a weird year it has been” but we choose to focus on the positives that a new year brings about. A fresh start to reflect on the successes and failures of the past year […]
Read More....Winter Property Management Reminders
With Winter around the corner, it is time to make sure that you have taken the necessary steps to be prepared and avoid winter emergencies. Winter preparedness is something that should start in Summer. Here a few things I recommend checking: Make sure that your snowplow contracts are signed and note the effective dates. If […]
Read More....Watch for Winter Damage in Commercial Properties
Winter damage is common in commercial buildings. The harsh winter season is approaching, and your commercial properties must be protected. Autumn is the perfect time to run through your winter checklist to ensure your tenants’ safety — no business owner wants their personal property damaged due to harsh weather conditions. It can lead to a […]
Read More....Common Commercial Property Problems and How to Fix Them
Let’s look at some common commercial property problems and how to fix them. Inevitable problems will arise when you own commercial property. Whether you lease to a consistent client or you tend to have a rotating list of tenants, it’s your responsibility to keep the place up to code and meet everybody’s standards. Therefore, knowing […]
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