Master Lease

[Ramon Pena Alvarado]

Hello All..
Ive been hearing a lot about the Master Lease. Has anyone ever used an Master Lease to aquire commercial or multi - fam properties. Im very interested in this subject.
With the state of lending these days..Im sure Investors will be returning to more creative ways to acquire property. Please advise.
Ray.. :cool:

[Michael Sweitzer]

I've been in the commercial real estate sector for 20 years -starting when I was 18. I continue to run a brokerage firm out of NYC and seeing the ups and downs in the market over the years -right now is by far one of the most amazing economic shifts ever. Maybe the worst we ever see. However, as in any down market, Millionaires will be made. During the great depression, more Millionaires were made than in any other time thus far in history.
I have myself utilized the Master Lease to control property (commercial and residential). And I'm currently looking for commercial opportunities. However, one should tread lightly as there are properties one should steer clear from and others that are quite opportunistic. Ideally, property that is distressed, has heavy vacancy or is mis-managed are ideal. Good property in decent to great markets is what you should be looking for. Sellers who have owned their property for a number of years and have little debt is also ideal.

Lots of money to make if you can be a creative thinker. Always look outside the box.

Feel free to respond. I'm in the New England area.