Commercial Real Estate Investment/Expert Profile

Mike Fortunato

U.S.
On Vacation
returns 11/10/2009
Expertise

Can answer questions on all aspects of commercial real estate investment & development.

Experience in the area

20 years of real estate investing & development. Own & operate a commercial real estate company in southern California.

Organizations

IREM; CAR; NAR; BOMA

Publications

BOMA educational course

Education/Credentials

Licensed California real estate broker

Average Ratings

Recent Reviews from Users

Read More Comments

    K = Knowledgeability    C = Clarity of Response    T = Timeliness    P = Politeness
UserDateKCTPComments
Alex09/22/0910101010 
Ken09/20/0910101010Great response, didn't quite have my answers .....
Paul08/26/0910101010 
Doreen07/22/0910101010Thanks Mike! I really appreciate your advice .....
Kathy07/15/0910101010 

Recent Answers from Mike Fortunato

2009-09-21 Sell commercial real estate at a loss?:

Unfortunately, I don't know of an online investment calculator that would be of any help. Simple math alone (which you've already done) is about as accurate as you're going to get. The reason is that there

2009-09-21 Sell commercial real estate at a loss?:

In simple terms, if you sell for $140K, less the costs to sell (commissions/costs), and less the loan balance, you might hope to net around $15K (note that you may be able to convince the lender to waive

2009-09-20 LLC formation:

You'll need the advice of a tax attorney on this, but many investors choose LLC's to hold their investment properties. In your situation, I doubt a partnership entity would be the best choice. An s-corp

2009-09-13 Administrative fees:

Sometimes there are various fees which are legitimate, but I'm unable to determine what is reasonable in your case since I don't know the details (your retail center, the lease, how the landlord operates

2009-08-26 commercial r.e.:

I would normally recommend that you utilize the services of a comm4ercial real estate brokerage firm. They will have access to all of the methods used to reached potential buyers (and their brokers). If

 

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