Sentences with phrase «tenants holding the cost»

That leaves the owners or developers and tenants holding the cost - increase bag.

Not exact matches

Projections involve numerous assumptions such as rental income (including assumptions on percentage rent), interest rates, tenant defaults, occupancy rates, foreign currency exchange rates (such as the US - Canadian rate), selling prices of properties held for disposition, expenses (including salaries and employee costs), insurance costs and numerous other factors.

However, if repairs are required due to the actions of a tenant, the tenant may be held responsible in court for the cost of those repairs, lost rents, and other costs.

If for example your tenant wanted to buy the condo, saving you realtor fees, repair costs, and holding costs — that'd certainly tilt me in favor of selling it.

It was held that any end of year demand had to include service costs featured in the statement that the landlord served upon the tenant.

The law also holds the tenant responsible to reimburse the landlord for the costs of changing the locks.

However, if repairs are required due to the actions of a tenant, the tenant may be held responsible in court for the cost of those repairs, lost rents, and other costs.

For example, if a pipe bursts in your rental unit and water destroys your tenant's TV, you could be held liable for the cost to repair or replace it.

The primer advises retail tenants to agree to longer - term leases — a measure landlords are sure to love — since staying in the same location both cuts the financial and environmental costs of new store build - outs and might make landlords more amenable to instituting energy efficiency features to hold on to longer - term tenants.

When running the numbers set aside a certain amount for the monthly holding costs to account for business trips to the target market to inspect the properties to make sure the management company is doing their part and taking care of your tenants, who are your customers.

I live in Chicago, and being a city guy I am interested in starting out by investing in smaller multi family dwellings (2, 3, 4 flats) doing minor rehab / repair work, maximizing rent potential, minimizing maintenance costs by managing the buildings and tenants myself, and holding on to them for a while and see what I can make of it.

Here is SW Florida, people who worked the trades, even realtors, mortgage brokers, other investors - left their homes in droves - often overnight and without notice - leaving landlords with no tenants, no income - but plenty of mortgage payments and holding costs.

Municipal bedbug and garbage bylaws hold landlords responsible for cost of cleanup even if the tenant caused the infestation or doesn't sort their garbage.

The tenant is held liable for the costs of filing and serving the notice.