Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: John Vanhara

John Vanhara has started 16 posts and replied 38 times.

Post: Fees to broker for leasing office space

John VanharaPosted
  • Torrance, CA
  • Posts 39
  • Votes 4
Originally posted by @Sam Mo:
Originally posted by @John Vanhara:

If you don't mind showing the property yourself you can just pay half 3% to the tenant broker. And save the other half which should go to listing broker

Do you have to pay the other broker or is it reasonable to ask the tenant to pay that? For example, if I own a retail commercial space and am looking to sign a long-term lease to a national credit tenant, do I have to pay their broker? Thanks in advance. 

You cannot really expect tenant to pay if you list property in Loopnet. You need to offer something to tenant broker, but you can add the amount to the lease (spread over the years). For example I list property on Loopnet. I get few offers to lease. One is without broker. One with broker (where I need to pay 2.5%-3%). Then I compare the lease amounts and take commission into consideration. And counter based on that. 

Post: Fees to broker for leasing office space

John VanharaPosted
  • Torrance, CA
  • Posts 39
  • Votes 4

If you don't mind showing the property yourself you can just pay half 3% to the tenant broker. And save the other half which should go to listing broker

Post: Coronavirus and late or no rent payments

John VanharaPosted
  • Torrance, CA
  • Posts 39
  • Votes 4
Originally posted by @Arthur P.:

@Michael Slockers my banker friends say this is going to be like the recession in 80’s

What was it like? What should we get ready for?

I am looking for a general contractor experienced with concrete tilt-up industrial buildings for a  consultation. 

Post: Cap Rate NNN question

John VanharaPosted
  • Torrance, CA
  • Posts 39
  • Votes 4

If it is true NNN lease then owner is not responsible for anything. All expenses are paid by tenant. Sometimes tenants negotiate exceptions what expenses should be paid by landlord, but these are not true NNN leases

Post: Commercial rental question

John VanharaPosted
  • Torrance, CA
  • Posts 39
  • Votes 4

Check the leases for the commercial. Are they gross, NNN, etc.

Post: Credit Screening for Commercial Tenant?

John VanharaPosted
  • Torrance, CA
  • Posts 39
  • Votes 4

It is common to ask for tax returns for commercial tenants. For example 2 years tax return for the company

Originally posted by @Bjorik Mutize:

Great way to increase your cubic square footage. Perhaps go up when you can't go out. How is the loading?

 Unfortunately there is no high loading dock. Only ground roll up door. 

I don't think so. I can just see the masonry inside or outside.