Dear David, With the spring thaw, we are nervous about a foundation leak. Our basement is finished, how can we tell if we have an issue? – WATERMARK DEAR WATERMARK: If you see evidence of a leak, a finished basement can make it harder to identify the source, but there will be clues. Don’t tear
Dear David, We have a 5-unit commercial building and are thinking of selling in the next 6 months. We currently have a vacancy. Should we reduce the rent by $500/month to get it filled right away, or hold out for the same rent we’re getting from the other units? – CONTEMPLATING DEAR CONTEMPLATING: It’s tempting
Deposits are much higher than they used to be; legal fee costs can run high; capitalization rate definition.