All Forum Posts by: Xiuyuan W.

@Joel Owens Joel, thanks for your helpful suggestion as always! I think I've got all the information I needed now!

@Andrew Bauer @Matthew Kreitzer

Thanks for your inputs. They are very helpful to me.

Actually I didn't have any issue with my tenants. Just asked them to guaranty it and sort of don't understand exactly what to expect. From what you suggested, looks like it would be fine with the guaranteed lease most of the time. Yet I still wonder if they just decide to transfer their assets out long before something go downward just in case, is it challenging to prove their motive? Besides, I didn't mandate the tenants to show their personal financial statements once in a while in the lease nor in the guaranty agreement, is it appropriate to just ask them to show it anytime I deem neccesary?

Hi, I am a commercial real estate landlord wanting to inquire something about personal guaranty. 

I always have some worry that tenants go bankrupt before expiration of the lease term since most of the commercial leases were signed/commited by a LLC rather than actual person. Therefore I've asked my tenants to personal guaranty the lease, but I presume the tenants could still transfer their assets to other relatives when they intend to back out of the lease. So my question is how can I make sure the personal guaranty will be enforceable?

Also, anyone knows what is the difference between a personal guaranty lease and a principal co-signed lease?

Any input would be highly appreciated.

 Marylyn, I am looking at similar type of properties, and I find this discussion is interesting. would you like to keep us posted regarding your improvement on this deal?

 Thanks for your input. I can understand lender's concern for short lease term. I think when a tenant goes dark, quality of property itself is important, so I have to make sure I can find another quality tenant soon. But I don't want to pay the balloon payment at the same time, it makes the situation difficult to handle. If the financing term ends earlier than lease term, I and any lender won't know if the lease would be renewed, how to seek refinance at that moment?

I noticed that most of commercial lender would only provide a financing term that shorter than lease term for single tenant property, so owner will have to seek refinance/resell at a time when the initial lease would expire within months time. This is a situation I don't know how to deal with.

Multi-tenants, single-tenant, long term lease, short term lease, credit tenants like Walgreens,  I think they will be all different. 

Anyone would like to share your experience regarding financing strategy for net lease property purchasing? 

Email sent. Thanks for connect.

I am sorry to ask a very amateur question, what is commercial advisor? I am considering to buy net leased properties, but instead of working with traditional real estate agent, there are advisors who would act as my agent? I am confused, is this the same thing? what is the difference between advisor and say KW commercial agent?

By the way, what is the exact difference between brokers/realtor/agent/advisor in US?

Please notice me if there would be any difference regarding legal side as well.

Thanks for input.

Hi, Melodee: I am planning long term investment here. I am in China. I think I will visit here frequently in the future:)