| Subject | Date Asked |
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| Sell commercial real estate at a loss? | 9/21/2009 |
Q: I purchased a small commercial office ($1000/sq ft) in the Trenton, NJ area to run my small business ...
A: Unfortunately, I don't know of an online investment calculator that would be of any help. Simple ...
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| Sell commercial real estate at a loss? | 9/21/2009 |
Q: I purchased a small commercial office ($1000/sq ft) in the Trenton, NJ area to run my small business ...
A: In simple terms, if you sell for $140K, less the costs to sell (commissions/costs), and less the ...
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| LLC formation | 9/20/2009 |
Q: I have 16 units I just acquired over the last 9 months (7 unit, 4 unit, 2 unit, 3 single family ...
A: You'll need the advice of a tax attorney on this, but many investors choose LLC's to hold their ...
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| Administrative fees | 9/13/2009 |
Q: Is it common for a landlord to layer fees such as admin fee, management fees, ...
A: Sometimes there are various fees which are legitimate, but I'm unable to determine what is ...
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| commercial r.e. | 8/26/2009 |
Q: Sir, I'm living in europe( Belgium). I have quiet a lot of Hotels and shopping centers for sale in ...
A: I would normally recommend that you utilize the services of a comm4ercial real estate brokerage ...
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| Commercial Real Estate Pre-Foreclosure | 8/24/2009 |
Q: My fiance owns a commercial business (carwash) in NJ (has for the last 25 years). Due to many ...
A: If the lender doesn't get paid, they will likely foreclose. If they don't receive enough money from ...
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| Commercial Real Estate Pre-Foreclosure | 8/23/2009 |
Q: My fiance owns a commercial business (carwash) in NJ (has for the last 25 years). Due to many ...
A: I happen to be dealing with this very same situation for a car wash tenant in one of the properties ...
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| Raising CAM fees | 7/22/2009 |
Q: What advice do you have from a commercial property management perspective for raising CAM fees if ...
A: Most commercial leases allow you to charge the tenants an estimated monthly CAM charge (based on a ...
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| Raising CAM fees | 7/22/2009 |
Q: What advice do you have from a commercial property management perspective for raising CAM fees if ...
A: As you might imagine, particularly in this market when tenants' businesses are suffering, a 50% CAM ...
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| Thinking | 7/18/2009 |
Q: I never owned property before. I just have been using master card for over 15 years. I know I have ...
A: You'll need to refine your goals a bit more before I can comment further, but overall your plan is ...
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| CAM Fee Calculation | 7/13/2009 |
Q: Can you share some of your expertise on some common practices/methodology on calculating the common ...
A: Yes, that is a defensible position. Of course, any tenant would need to lease in that project ...
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| CAM Fee Calculation | 7/13/2009 |
Q: Can you share some of your expertise on some common practices/methodology on calculating the common ...
A: 1. It would be nearly impossible for you to determine (and monitor) usage on the roadway per ...
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| Office building | 6/1/2009 |
Q: I own a medical office building valued at $3,500,000. I have a note of around $2,700,000. If the ...
A: A lot more goes into a decision to sell or keep an asset, than the likelihood of inflation. You ...
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| buss VS comm'l lending | 5/15/2009 |
Q: mike, can you help answer a few questions......? what's the difference between a buss loan and a ...
A: Both loans have their own qualifiers, and are very similar with respect to getting approved. The ...
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| Commercial Real Estate Investing | 5/15/2009 |
Q: My intention is to invest in apartments, but to be totally honest I don't know where to start, and ...
A: You're correct in that there is a great deal of information out there on real estate investing. Some ...
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| Commerical Real Estate: Change in Lease Amt Paid | 5/9/2009 |
Q: With the tough economic times, our tenant asked to pay a lower monthly amount than what is ...
A: Without being able to review the exact wording in your emails, I won't be able to determine how the ...
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| Syndicating Real Estate Property | 4/19/2009 |
Q: I had a question on syndicating real estate projects/properties. I would like to buy small ...
A: There's no single correct way to form a syndicate. I suppose you can make use of the packets you ...
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| Appropriate Equity Investor Finder's fee | 4/15/2009 |
Q: Mr. Fortunato, I have a professional contact that is trying to put together the purchase of an ...
A: before i read your last paragraph, i was going to say the same thing -- there's no one correct ...
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| Tax and Surety Bonds | 4/15/2009 |
Q: I had a question on Tax and Surety Bonds. The company I work for was doing a condo conversion and I ...
A: Surety bonds are required to ensure completion of the parcel map process (including final ...
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| Purchase of apartment rezoned as Low Density Residential | 4/5/2009 |
Q: I am looking at purchasing a 1975 built 12 unit apartment that sits in an area that has been ...
A: That property is probably grandfathered in to the previous zoning, so it probably won't become a ...
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| selling commercial property | 1/4/2009 |
Q: I have a shop building that I am trying to sell. I have a buyer and he wanting to know if I would ...
A: The usual procedure is to structure the lease so that it includes an option to purchase provision, ...
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| how to start buying comm'l R.E. | 1/1/2009 |
Q: my husband & i would like to invest in comm'l prpty. we know alittle about NNN being the better ...
A: There's way too much to consider when purchasing commercial property for me to outline in a simple ...
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| Tenant Estoppel | 12/19/2008 |
Q: Is there a specific way you need to get a tenant estoppel? Can we simply post/mail the estoppel for ...
A: It usually depends on what the notice requirements are in the tenant leases. Sometimes leases call ...
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| real estate database | 12/6/2008 |
Q: I would like to know if you could help me. I have build a 300-600 sites concerning world commercial ...
A: I'm sorry, but I really don't understand your question. If you're asking if it's possible to sell ...
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| Green building project | 11/20/2008 |
Q: Mr. Fortunato. I hope you can help me! I'm a professional published writer. A character in the ...
A: Ordinarily, a broker's role in a new development would be to handle marketing the homes to would-be ...
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| error in commerical | 10/30/2008 |
Q: Question if someone has a lease and has been paying amount indicated in lease then about a year ...
A: A lot depends on the language of the lease. If the rent is listed as a flat amount, then the ...
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| commercial real estate purchase contract | 10/25/2008 |
Q: My husband and I saw a 1200 sf office condo in Northern Virginia that we would like to buy and use ...
A: Your first mistake (as you probably know by now) is using a residential broker for a commercial ...
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| Development proformas | 10/23/2008 |
Q: I'm a commercial property developer and have always constructed my own spreadsheets. I am looking ...
A: Fred, Like you, we have always constructed our own custom spreadsheets as well (tailored to fit ...
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| Usual length of an agreement | 10/16/2008 |
Q: We just purchased a large rental building. We occupy one half and are looking for a renter for the ...
A: If you are referring to the length of a lease for your tenant, in commercial real estate, one year ...
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