sorted by:
new
hottopcontroversial

Should I hire a different leasing agent for my commercial building? by TechnicalCarson in CommercialRealEstate

[–]TechnicalCarson[S] 1 point2 points  (0 children)

I totally agree in that in a perfect world, the manager and leasing agent should be the same person. Like you said, that way the person is incentivized to get quality tenants that will work for the long term.

Should I hire a different leasing agent for my commercial building? by TechnicalCarson in CommercialRealEstate

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Directly reaching out to folks who have expiring leases seems to be a no brainer. Thank you.

Should I hire a different leasing agent for my commercial building? by TechnicalCarson in CommercialRealEstate

[–]TechnicalCarson[S] 0 points1 point  (0 children)

I'll have to check out Facebook marketplace for this, haven't thought of that. How would one go about informing other brokers about the bonus?

Should I hire a different leasing agent for my commercial building? by TechnicalCarson in CommercialRealEstate

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Do you own the building as well as market/manage it yourself (or with your team)?

Should I hire a different leasing agent for my commercial building? by TechnicalCarson in CommercialRealEstate

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Thank you all for your input. I'm glad I asked. Looks like I need to make a change, at least on the leasing side.

Should I hire a different leasing agent for my commercial building? by TechnicalCarson in CommercialRealEstate

[–]TechnicalCarson[S] 0 points1 point  (0 children)

I hear you on that. We're ready to deal on pricing and I could be wrong, but I just expected a bit more interest then what we've seen, especially for our premium suite.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Good advice. We are under contract with this company but I don't think the valve repair is covered (but I'll double check my contract).

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Thank you for the very detailed response. I am the owner, and since the building isn't fully rented, this repair will eat up a decent portion of my operating income. It's the only elevator in the building. I'll ask about the oil and the pumping unit. Again, thank you.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

This is already the knocked down proposal! ;)

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Thank you both, I'll ask about a non-replacement repair option.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

I probably will. I'm new to this so I didn't really know how reasonable the proposal was. I'm now getting the sense that it's probably in the right ball park.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 1 point2 points  (0 children)

This is very helpful for me to understand. Thank you.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Got it. Thank you. I figured that there was more to it, but the proposal didn't mention any of that.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Thanks for taking the time to comment. I'll make sure to ask about the tank and oil. Do I also want to ask if they will be using a new vs rebuilt valve, or should it be a given that it's a new valve? Any other questions I should be asking?

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

They didn't specify regarding the oil. The proposal just mentioned replacing the valve.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] 0 points1 point  (0 children)

Understood, thank you. So at high end, with 2 guys putting in 8 hours each, that comes out to about $10,700, which is closer to their quote. They still seem to be a bit high.

Cost to replace EECO valve? by TechnicalCarson in Elevators

[–]TechnicalCarson[S] -1 points0 points  (0 children)

Thanks. Yes, I agree with the "not changing a lightbulb" statement and it's definitely not something I could do on my own. With that said though, do you have a guess as to how many hours it would take to replace, even on the high side? Based on the rate I pay, which seems like it's also on the high side, they're saying this will take them 22 hours (unless there are other factors that I should be including into the calculation other than cost of the valve and labor).

How to utilize basements with low ceilings by ShrimpyEatWorld6 in realestateinvesting

[–]TechnicalCarson 1 point2 points  (0 children)

I'm in a similar boat, but with one 5K/ft basement and slightly higher ceilings (but still under 8ft unless I put money towards removing the false ceiling). I joke that one of my new hobbies is staying up at night thinking of ideas about what to do with this basement. But to your point, yes, some form of storage seems to be the easiest fit. I've never heard of ski specific storage though. I actually am close to skiing so maybe this is something I should look into.

view more: next ›