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Unformatted text preview: market rents estimated as well as renewal time and future vacancy, and summed together each year to produce an expected rental collection. Each operating expense paid by the landlord should be estimated along with reasonable reserves for equipment and roof replacement. This requires estimates from the history of the property, service providers, property managers, insurance companies, and utility companies. Peer properties also provide a good basis upon which to compare estimates and assumptions....
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This note was uploaded on 09/01/2011 for the course BUSINESS 101 taught by Professor Jones during the Spring '11 term at Southern Nazarene.
- Spring '11