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10 Key Lease Negotiation Tactics for Managing Commercial Properties

Beach Front Property Management

Finding the perfect commercial property for your business is an exciting milestone, but lease negotiations can sometimes feel overwhelming. Negotiating commercial property leases requires careful market research and attention to key terms like rent, lease duration, and maintenance responsibilities.

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Real World AI: Eight PropTech Scenarios Transforming Real Estate

MRI Software

Artificial Intelligence (AI) for the real estate industry is here to stay, offering innovative solutions to longstanding challenges. In our previous blog, we discussed the importance of data quality in your AI initiatives. In our previous blog, we discussed the importance of data quality in your AI initiatives.

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Is your real estate data ready for AI? 11 Essential questions to ask

MRI Software

Real estate technology leaders are at the forefront of integrating innovative solutions to drive efficiency and value for the organization. The same principle applies to AI in real estate : without strong, accurate data, your AI models are built on shaky ground. The post Is your real estate data ready for AI?

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Top Strategies for Effective Commercial Property Maintenance Explained

Property Management Inc.

Maintaining commercial properties can feel like an overwhelming task. However, when done effectively, it can significantly boost property value, enhance tenant satisfaction, and minimize costly repairs. Understanding Commercial Property Maintenance What is Commercial Property Maintenance?

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How Much Does Commercial Property Management Cost in Santa Monica, CA?

InveServe

Owning a commercial property in Santa Monica, California, is a significant step towards building a lucrative real estate portfolio and achieving financial freedom. Estimating how much a commercial property manager costs helps them predict their profits and the success of their investments.

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Best Cities for Real Estate Investment by GRM (Price/Rent Ratio) in Q4 2024

SparkRental

The Big Picture On The Best Cities for Real Estate Investment By GRM: As of the start of Q4 2024, the national average GRM in the U.S. Cities with lower GRMs often present better investment opportunities, as they suggest higher rental income relative to property prices, enhancing potential returns.

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How to Improve Commercial Property Tenant Retention

MRI Software

In the competitive commercial real estate market, commercial tenant retention is more critical than ever. Retaining your commercial tenants means having a consistent and predictable income stream, as well as avoiding the costs of tenant turnover. Bad tenants can be tenants who miss or delay rental payments.