All Forum Posts by: Howard Yang

@Henri Meli Will do. Thanks for the quick tip!

@Ellie Perlman Hi Ellie, I'm interested in investing mainly in commercial NNN or multifamily. Still have too much to learn and looking forward to interacting with all the members here!

@Stanley Bronstein Agreed, completely understand that no one can be immune. The questions I'm asking are to learn more about risk management and best practices instead. The purpose wouldn't be to avoid responsibilities so one can be more negligent but to understand better the laws to have proper and appropriate protections.

Thanks again for the reply. I'm guessing the key would be the agreement and making sure there is proper coverage. 

@Jessica Zolotorofe Thanks for the response. Essentially in NNN leases there can be (and usually) an extra layer of protection from the waiver and an indemnification provision compared to multifamily.

New question: In the case of multifamily, say a landlord gave property manager clear instructions/guideline and authority to properly maintain the sidewalk/parking lot but due to negligent of the property manager someone still got injured on the sidewalk. How much at fault would the landlord be responsible for?

Trying to evaluate the benefits of NNN single tenant investments so have a few questions:

1. Are landlords of commercial real estate (especially single tenant NNN lease) less likely to be a target of lawsuits? I'm guessing since the tenant profile are completely different (corporate/businesses vs regular residents) can one assume it's a lower risk in general?

2. Related but different topic, say you bought a property and rented out (NNN) to KFC. If a KFC customer slipped on the property and wanted to sue everyone, would the landlord be just as vulnerable to be judged at fault vs if the property is a multi-family instead (assuming the same cause of injury)? Would the injured customer's attorney try to target KFC first since that's where they can extract the most benefits?

Thanks in advance!

Hi Everyone. I'm new to the community. Want to first say thank you all for all the excellent and informative posts. Learned quite a bit already and hungry for more knowledge. Looking forward to future collaboration!

Thank you for providing this. Helpful

@Jeff Kehl I'm trying to learn more so asking naive questions here:

1. What are your thoughts on Long Island City over SF bay area? Which aspect makes it a better location to invest? I understand that Crystal City has the AMZN HQ2 so that's a given.

2. Do you think Outlet model off major freeway will still be solid in future long term given that AMZN will continue to innovate and eat into retail?