Recent content by esme_west

Thanks all. I’m going to verify that the $4,498 listings are truly comparable rather than relying on headline asking prices, cost out a realistic vacancy and turnover, and review the lease and current notice requirements. I’ll also consolidate the maintenance jobs into a clear schedule before...

Energy modelling also needs to follow the leases. Who pays utilities, and how much consumption remains with the owner during vacancy? A warehouse may be inexpensive while empty but costly to adapt for a new occupier. Residential vacancy can bring cleaning, repairs and repeated leasing work...

The tenant has been reliable and has looked after the studio, which makes me hesitant to disturb a good arrangement. Rent is currently about $4,072, while the visible asking level for Phoenix comparables is around $4,498. Closing that entire gap could be hard to undo if it prompts a move...