Ways to Invest in Self-Storage
Self-storage can be an intriguing sector in commercial real estate and one that investors may want to consider. The U.S. currently offers approximately 1.9 billion square feet of personal storage space1, and the market continues to grow since occupancy is at record levels in many metropolitan areas, according to recent remarks by Aaron Swerdlin, vice chairman of Newmark.
Who Pays for Structural Repairs in a Triple Net Lease?
Commercial property leases take various forms, and each type has different advantages for the tenant and owner/investor. A well-conceived agreement should be fair to each participant and be written to avoid confusion. With a gross lease the landlord pays all the property's operating expenses while the tenants pay rent for their respective space, perhaps with a load factor for common areas. The utility costs could be included in the rent or charged separately to each tenant. In a modified gross lease, the tenants pay rent plus a portion of the building’s annual operating expenses.
What Is the Average Property Management Fee for Rental Properties?
If you have a rental property, or are considering investing in one, you have likely considered hiring a property management company. The fees they charge vary, and depend on the duties they handle, how many units, and where the property is located.
What is a Good Interest Rate for an Investment Property?
Mortgage interest rates are complicated, and the amount you pay depends on your financial situation as well as being influenced by the type of loan. A conforming mortgage loan will have a lower rate than a jumbo, for example. A primary residence mortgage will typically carry a lower interest rate than a vehicle loan since a consumer may place a higher value on retaining their home than their car.
What Is a Delaware Statutory Trust (DST) Sponsor?
A DST, or Delaware Statutory Trust, is a trust created under Delaware state law that owns property (the trust, the investors, and the properties can all be located outside of Delaware). A DST often provides individual investors with access to properties they may not be able to obtain individually. The DST Sponsor is the individual or company that creates the trust to hold the assets and takes care of the issuance of the shares to investors.
How an Attorney Helps with the Delaware Statutory Trust Investing Process
Investors seeking to defer capital gains taxes on the sale of commercial real estate often purchase shares of Delaware Statutory Trusts (DSTs) to complete 1031 exchanges.
How to Calculate the Percentage Ownership of a Tenant in Common (TIC)
A Tenant in Common (TIC) agreement is when there is shared ownership in a property between two or more owners. The percentage ownership is calculated differently in every circumstance and depends on the type of property and the terms of the agreement.
Can You Get a Home Equity Line of Credit (HELOC) for a Rental Property?
It is possible to get a Home Equity Line of Credit (HELOC) on a rental property. However, there might be stricter equity and credit requirements than for HELOC on a primary residence.
How Many Rental Properties Can You Own?
Real estate investments -- specifically, real estate you buy and hold in an effort to generate income -- can be one way to build wealth and generate passive income. But one question that might be asked when it comes to this type of asset is, how much is too much? In other words, how many rental properties can you own?
How Much Is Rental Property Insurance?
Landlords are responsible for making sure the rental is livable, safe, and clean for their tenants, and rental property insurance, also called landlord insurance, is a must. It provides coverage for the potential risks and financial losses that come with renting your property. Renters are generally not held liable for application malfunctions, an injury sustained on the property through no fault of the tenant, fires, or anything else that can go wrong at the hands of humans or by nature.
