All Forum Posts by: Courtney Duong

Hi BP,

Property Metrics is offering CRE lease analysis course for $397 (1 time payment) or 3 monthly payments of $159. It's totally online and here is what in the course:

• Requirements for a valid commercial lease
• Components of a commercial real estate lease
• Types of commercial real estate leases
• How gross, modified gross, and triple net leases work
• How Common Area Maintenance (CAM) expenses work
• Expense Stops and Reimbursements
• Building measurements you should understand
• How to use the load factor and efficiency ratio
• Special considerations for office, retail, and industrial leases

• Complete time value of money crash course
• How to calculate effective rent
• How to compare leases using effective rent
• Detailed lease comparison example
• How the gross-up clause works
• How to calculate leasing commissions
• Step by step walkthrough of a lease comparison case study
• Fully unlocked lease comparison Excel template

• Benefits of leasing and benefits of owning
• NPV method for lease vs own analysis
• IRR method for lease vs own analysis
• How to select a discount rate
• Tax considerations of leasing versus owning
• Subjective factors in a lease vs own analysis
• Lease vs own analysis example
• Step by step walkthrough of a lease vs own case study
• Fully unlocked lease vs own Excel template

• Benefits of a sale-leaseback
• The sale-leaseback analysis process
• Sale-leaseback example
• Step by step walkthrough of a sale-leaseback case study
• Fully unlocked sale-leaseback Excel template

• Lease Comparison Excel Template
• Lease vs Own Excel Template
• Sale and Leaseback Excel Template
• Fully unlocked for your use outside of this course

I am thinking of signing up for this course.  My questions to you guys out there are:  has anyone taken this course from Property Metrics?  If yes, was it worth the money?  Anyone familiar with Property Metrics?

Thanks.

@Account Closed what did you end up doing?  Were you producing the reconciliation yourself or your CPA did it for you?  I am managing my first property too and looking for a template to copy from.  Thanks!

@Ronald Rohde thanks for the answer and explanation.  Appreciate it!

@Theodor Chung I have more questions for you and dropped them in your inbox.  Thanks.

@Mitch Weiss thank you!

@Theodor Chung I sent more questions to your inbox.  Let me know if you see them.  Thanks.

@Mitch Weiss quick question on: 1. Forgive two months of rent and extend their lease another two months on the backend.

So for example in our case it means we are giving 2 months free rent now (let's say June and July since we are now at the end of May), and if our tenant has 22 months left in current lease we modify it to be 24 months (the last 2 months we just added are still at 100% rent as the other 22 months)?

Thanks.

Link to article:  https://www.mpamag.com/commerc...

@Ronald Rohde thanks for the great tips.  Could you please clarify more on the 'limiting his future borrowing'?  Still learning how PG works.  Thanks.

@John Mocker thanks for taking the time to answer my questions.  I really appreciate it.  I just talked to our insurance agent and he told me exactly the same things you already told me.  So I will make sure our property manager reaches out to Gulf Coast Regional Blood Center and ask them for those.  

I just sent you a colleague request.  Please accept that so I can PM you asking for your contact info and save for future use.  I will reach out to you when our policy is up for renewal next time.

I like Trumbull too, and Fairfield.  I went to University of Fairfield.

Thanks.