Do Students Make Good Tenants?
Real Estate Tip:
When you pay for an oil tank scan on a property you are going to buy, have the company you hire determine whether the tank is actively in use. If the tank has been taken out of service, you should request all documents relating to the tank closure including town permits and contractor reports. These documents will prove the tank was closed properly according to regulatory guidelines.
Real Estate Insight:
Saxum Real Estate Partners has launched a fund to deploy $75 million to acquire properties in transit-oriented downtowns, starting with an acquisition in downtown Red Bank, New Jersey.