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On 2007-12-04 20:11, larock wrote:
I don't normally use a property manager for commerical properties. In most cases the tenants are responsible for their utilities and interior maintenance, so that eliminates phone calls for those items. Then, I contract out the lawn care, snow removal, parking lot maintenance, etc. If the tenants have a problem, they can contact your leasing agent or you directly. If you are convinced you need or want a property manager a true NNN lease would have the expense billed to the tenant. However, most propective tenants may think the additional cost a little hard to swallow.
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Hey -thanks for the response. We've just done residential in the past- which was remotely located so have been forced to have property managers.
With doing it yourself I guess you receive the lease payment checks yourself and have to deal with late payments & evictions yourself. Guess you have to make sure the lease is strongly written-
It sounds like the leasing agent helps out to some extent, too.
I do have a good bookkeeper(we're very small), so the overhead shouldn't be too burdensome-
Thanks again
Ann
3 Sigma Corp.