Property Management Blog

Tuesday, April 17, 2018

How to Maximize ROI for Your Northeast Philadelphia Investment Property

At McSherry Property Management, we are located in northeast Philadelphia, and people often ask us how to increase their return on investment, or ROI, in this area. You’d think there would be a simple answer, and part of it is simple. But, as with most things, part of it gets a bit more complicated.  Read More »

Tuesday, April 10, 2018

Why Do Philadelphia Landlords Need Property Management?

If you’re not sure whether you need professional property management in Philadelphia, think about some of the questions and phone calls you can expect from tenants once you’re renting out your property to them.  Read More »

Tuesday, April 03, 2018

Why Property Owners Choose McSherry for Property Management in Philadelphia, PA

What makes J.G. McSherry different when it comes to property management in Philadelphia? On the surface, not much. But, down deep what makes us different is that we work with you as a team. We have multiple people on staff to assist you, and we are each good at different things. Beyond that, we have systems in place so each team member can pick up the day to day tasks as well as the long term tasks if someone is out. 

There are a few other reasons that you should consider working with us at McSherry Property Management.
  Read More »

Monday, October 12, 2015

Do I need representation to complete a commercial real estate deal?

If you mean, do you have to hire a broker? Then the answer is that you should consider it.    Read More »

Friday, October 09, 2015

Can I get a conventional loan on Vacant Land?

Simple answer is, sometimes. Even within a region, overall demand and thus perception of desirability can vary considerably. Lenders are looking at the risk and each deal is being evaluated based on its merits.  The conventional lenders, banks, savings and loans and similar institutions may slow their funding of the more speculative projects. However private lenders do make loans on land, under certain constraints. They will usually loan on land that is intended for early development and will limit the term from a minimum of one year to a maximum of three years.    Read More »

Tuesday, October 06, 2015

How should I set up a screening process for prospective tenants?

It depends upon the property usage and type. Additionally, each region has certain standards and these should be reviewed with local representatives familiar with the process.    Read More »

Tuesday, April 21, 2015

Is it the right time to buy /sell a commercial Investment Property?

It depends on your needs. Ultimately, commercial can be looked at by a small business owner as a need (as a place to manufacture, conduct business, etc). If this need changes, it is likely a good time to sell/buy. Investors are looking for rates of return and opportunities. If another opportunity comes along and you need cash then it is a good time to sell/buy.    Read More »

Monday, January 05, 2015

Affordable Shopping Centers

In a recent interview, a well-known billionaire said that he and his companies are buyers. The downturn was a buying opportunity, particularly shopping centers.   Read More »

Wednesday, November 06, 2013

Solving Problems When Selling a Commercial Property

Selling a house is usually the same everywhere. The building and the land are sold together. In fairly rare occasions, the land is leased so only the structure is sold. This is not the case with commercial property and apartments. The transfer can be done several ways. Of course, the easiest way is to sell the whole property in a single transaction. When setting a price, the factors include: quality of the tenants, strength of leases in a commercial property, volume potential if applicable, competition, tenant mix, construction, existing or available financing, and the physical value of the real estate.    Read More »

Monday, September 09, 2013

Space Sharing Executive Suites

With the new revolution in communications, building owners must keep up with the changing needs of the corporate tenant. Often the larger, well-organized businesses do not need the space that was necessary just a few years ago. Electronic communications to and from employees have substituted for leased office space. Managers are more willing to grant favorable lease terms to operators of shared space. The operator sometimes receives a monthly management fee for operating the shared space plus a portion of rent revenues over a certain amount.   Read More »