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Expert Profile: Mike Fortunato

Expertise:  Can answer questions on all aspects of commercial real estate management, including lease administration, eviction issues, financial reporting and budgeting, asset valuation/enhancement, marketing & leasing, and site maintenance and repairs. 20+ years of real estate management.

Experience in the area
20+ years in commercial management. Current own and operate property management company in southern California.

Organizations
BOMA and IREM

Ask a Question       View Past Answers       View Ratings            
Average Ratings
Prestige Points: 6718
Knowledge   9.69   Best of the best
Clarity of Response   9.79   Best of the best
Timeliness   9.97   Best of the best
Politeness   9.97   Best of the best
Number Of Questions
(in Past 24 Hours)		0
Max Questions to be Asked
(in 24 Hour period)		15
Total Questions
(since joining AllExperts)		119
Recent Reviews from Users
KnowlClarityTimePolitenessDate
8 10101011/03/08
7 7 101010/13/08
1010101010/02/08
1010101005/29/08
1010101012/12/07
User Comments
The answer that I received was very disappointing in that it didn't provide any information that I was not already aware of. Nor did it provide any di
(Jim O'Neill on 10/13/08)
Thank you.
(Sup on 10/02/08)
Thank you Mike - I will take you up on the idea to submit my business plan to prospective landlords.
(Kevin on 05/29/08)
Mike, Thank you for your answer and advice, that really help pont me in the right direction
(Sharon on 12/12/07)
View All Comments
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Recent Answers from Mike Fortunato
2008-11-03  Rights as a tenant:  Regardless of the amount of rent you pay, and irrespective of the fact that you don't own the property, the lease should provide the necessary language to determine whether the landlord is responsible...
2008-10-09  land lease value:  I believe you will probably need to create a custom spreadsheet to accomplish that, if your goal is to show the calculations (rather than simply be satisfied with the value that your HP-12C provides)....
2008-10-07  retail property mgt.:  Depends on your area, the complexity of the property, and a whole host of other factors. I would suggest around 5% of gross rents, but that number is very rough and needs to be adjusted to account for...
2008-10-02  Demising wall for restaurant in new constructed shopping center:  Most likely, you'll want insulation, whether you need it or not. As for code issues -- it may or may not be required: codes can differ from city to city. I think you'll find that insulation is quite cheap...
2008-06-24  Retail property management:  You can look into the Institute of Real Estate Management (www.IREM.org), and they have courses you can take on this sort of thing. This area of commercial real estate can be confusing and very involved...
More Answers for "Retail Property Management"


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