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All Forum Posts by: Michael L.

Michael L. has started 1 posts and replied 1 times.

Canadian Real Estate

Post: [Help] Small Commercial Strip Mall - Canada

Michael L.Posted
  • Investor
  • Secaucus, NJ
  • Posts 1
  • Votes 0

Hey BP,

My parents own a small strip mall (5 smaller units) and have been having issues making this a passive investment. My first thought is they do not set standards very well and their lease is most likely very weak. 

My question is if anyone has a template lease and wouldn't mind outlining important factors (ie late fees, maintenance, and standards). 

Thank you!

0 Votes