All Forum Posts by: Tamara Taylor

I have an interesting scenario for someone who's in commercial real estate.

A small company is renting a space for about $30,000/month. The 2 restrooms have automatic faucets and many of the employees are frustrated with them. These faucets don't always turn on or the faucets turn on when you don't want them to; the water temperature is either too hot or too cold; and the water always comes on full blast. The restrooms in all of the building's units are designed to be exactly the same. The landlord feels that they should not be changed but if they were to be changed, it would cost $400 for the faucets (commercial grade) + labor to drill new holes and switch water lines for a total of $1500. The landlord thinks the tenant should pay but the tenant thinks the $30k in rent should cover this cost.

What are your thoughts?

Thanks!

Tamara

@Brian Gibbons  This is precisely why I joined BP. I learn something new every day. Thanks for such an in depth response.

Cambridge can be very lucrative if you can find a good deal. I'm planning to buy in the suburbs first though. 

Thanks everyone. I have a long commute to work so I've had a chance to listen to about a dozen podcasts so far. Great stuff!

@Shaun Reilly I'm looking forward to checking out the local events.

@Brian Ortins  I will definitely take you up on that.

Hello all,

I am at the very beginning of my real estate journey. Looking to get my real estate license this year and buy a multifamily next year. 

Bigger Pockets is such a great resource. I'm hoping to learn as much as I can from all of you so I can avoid the many pitfalls of investing.

Cheers!

Tamara