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When you own commercial real estate, you will inevitably encounter the need for repairs and replacement of building materials and systems. You can be prepared for these significant costs by planning ahead and setting aside Replacement Reserves. Engaging Fred Thrall, LLC to provide a Capital Reserve Evaluation is the best way to obtain an accurate estimate of necessary reserves.
The Capital Reserve Evaluation includes:
Inventory of all significant building materials & systems
Detailed listing of deficiencies
Recommended repairs
Estimated Useful Life of building components
Assessment of Remaining Useful Life
Cost Estimate for repairs & replacements
Projected timing of expenditures
Click here to view a sample Capital Reserve Evaluation.
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