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A wide range of commercial leasing possibilities exist. Typically, an office lease in a major city and a retail lease in a suburban shopping center will be considerably different..Gross lease: The tenant pays a set amount of rent and the landlord is responsible for payment of taxes, insurance and other costs associated with owning the property.Net lease: The tenant pays the rent plus a portion of the maintenance fees, insurance premiums and other operating expenses.Triple-net lease: Typically, for a freestanding facility, this type of lease has the tenant paying for all fees and operating expenses associated with the space.Shopping center leases: The tenant pays a base rate in conjunction with the square footage of the retail facility. Typically, the tenant will also pay some common charges and frequently a certain percentage of the gross sales. The tenant may also be assessed part of the property taxes. A shopping mall lease will often include terms about signage, hours of operations, common areas and deliveries. The landlord may also have the right to relocate the tenant.Land or ground lease: The tenant leases the grounds and builds on the property. Typically, with a land or ground lease, all improvements on the property, including any building or buildings revert back to the landowner at the end of the lease period.
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13Aug
Categories: Benefits, Information, News & Updates, Rental Investing, Tips & Advices, Uncategorized Comments: 0
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04Jul
Categories: Information, News & Updates Comments: 0
Presently, Atlanta is one of the most exciting cities in the United States. Having been relatively poor during the seventies and eighties, its quality of life has been steadily improving for about two decades now. Since 2000, its median income has been increasing about a thousand dollars a year. For the past six years, its population has grown faster than any other city in the United States. Last year, violent crime was at its lowest levels since 1969. Perhaps the most illustrative statistic, though: More single-family homes have been built in Atlanta than any other American city for not just the past year or two, but for the past thirteen.
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18Mar
Categories: Information, News & Updates, Rental Investing Comments: 0
What is the Sell and Rent Back option? It is something that has been more and more popular in recent years. In this option, you will be selling your home but you will sell it to someone who agrees to let you be the renter. There is a contract that determines this. With this option, you will sell the home, which means that you will have the money to pay the mortgage that you owe.
Then, you will be able to take the extra money (which you have already put into your home) and pay off your other loans, your credit cards and any other bills you might have. -
14Mar
Categories: Information, News & Updates Comments: 0
In the previous years, many home owners took advantage of low ARM rates. It enabled them to have a low home payment, which meant that they could afford a house. However, now these rates are rising and lots of home owners are finding that they cannot afford to pay their interest rates. This is happening more and more often, and people cannot afford the home payments they used to be able to afford. When this happens, most people will have to sell their home, or foreclose on it. They end up with a huge mess in the process. Moving is never a good option, because many of the people who bought homes wish to stay there. Luckily, with the sell and rent back option you can take care of your debts and stay in your home at the same time.
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12Feb
Categories: News & Updates Comments: 0
Oklahoma is a very busy city, but did you know that renting is a very good value in Oklahoma? According to Carmen Goodspeed of Prince Edwards in Oklahoma City, it will be hard to find an apartment in Oklahoma that cost around $1,000 above because there just not much that cost that high. You can rent a 1,228-square-foot, three bedroom apartment in a luxury place with a clubhouse, Jacuzzi and swimming pool that can be yours for just $988 a month! Getting a job transfer to Oklahoma City is not that bad at all knowing the fact that you can meet wonderful people and save up some pennies.
