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All Forum Posts by: Courtney Duong

Courtney Duong has started 24 posts and replied 322 times.

Post: Triple Net Analysis: How to calculate expense

Courtney DuongPosted
  • Property Manager
  • Texas
  • Posts 327
  • Votes 69

@James Storey. Thanks so much for taking the time to answer all the questions.  Do you have any commercial insurance agent that you can refer?

Post: Triple Net Analysis: How to calculate expense

Courtney DuongPosted
  • Property Manager
  • Texas
  • Posts 327
  • Votes 69

@Joe Villeneuve I meant self-managing a multi-tenants retail.  Thanks.

Post: Triple Net Analysis: How to calculate expense

Courtney DuongPosted
  • Property Manager
  • Texas
  • Posts 327
  • Votes 69

@James Storey we are looking at a potential purchase (retail, multi-tenants). It's NNN and we plan to self-manage it, that's why I asked because I am not sure if tenants will be responsible for paying our property manager or not.

Post: Triple Net Analysis: How to calculate expense

Courtney DuongPosted
  • Property Manager
  • Texas
  • Posts 327
  • Votes 69

@James Storey and @Joe Villeneuve what about property management fee? For absolute NNN, do tenants pay for property manager too or only tax, insurance, and maintenance? What if the landlord is doing in house property management? Thanks.

Post: Bank Account for Foreign Nationals

Courtney DuongPosted
  • Property Manager
  • Texas
  • Posts 327
  • Votes 69

@Tess L. so you didn't have to show up at a branch at all?  You literally were able to open an account with them virtually?

My brother needs to open an account here to invest.  He is in Vietnam and cannot come now.  So it will be great if he can open a us bank account without having to walk into a branch here.

Thanks.

Post: Write a lease extension

Courtney DuongPosted
  • Property Manager
  • Texas
  • Posts 327
  • Votes 69

Following.

Following 

@Matthew Loving we have 1 restaurant tenant (mom-and-pop) asked for rent reduction for April and we did reduce 30% April rent for them.  They have been super good tenant.  The rest paid April in full.  May will be a different story.

@Matthew Gullo I am in.  Please add me too.  Thanks.

Post: Commercial Landlords with a Bar as a tenant during COVID

Courtney DuongPosted
  • Property Manager
  • Texas
  • Posts 327
  • Votes 69

@Joel Owens thanks for the recommendation.  Appreciate it.