All Forum Posts by: Eric Jennings

Newbie/aspiring landlord question: For you established landlords, is there significant value in landing a "quality" tenant? i.e. if you had a class A or B SFH would you be willing to give a small break on rent or pay a special listing fee to have a tenant with a stable, high-paying job? Thinking about offering a small discount to professionals (lawyers, docs, etc) for newly renovated property as that type of tenant may be more stable? Interested to hear your thoughts!

Hi everyone, (very) green newbie here: I have the opportunity to get into a commercial deal for a MOB. We would be tenant-owned (medical practice) but essentially are buying 50% from the current owner who owns it outright.  The deal is almost done but the seller is asking us (buyers) to cover the broker fees. As a total newbie I know there are certain different arrangements that can take place but the seller traditionally pays broker fees. Are there any other factors to negotiate with rather than covering broker fees? We also would rather not roll the cost into the price of the asset.  Thanks everyone!