Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

I buy blend and extends for cash nationally where I can extend the lease or backfill.I buy at 10 cap rate or higher.

Also the new owner has the advantage of screening their own tenants and signing leases at or above market rents.

So we're now waiting on a $1.2M triplex in Atlanta that's being prepared for market or a commercial 7 units building that the owner decided to upgrade with 2 leases expiring before selling.

We have tenants move in on the same day a tenant leaves by marketing the unit 45 days before lease ends.

My friend recently told me of this scenario where the person I lease to would perhaps then double book individuals and keep deposits. 

They are unable to visit the units prior to signing a lease.

@Rud SevCap rates in NNN deals are influenced by factors like tenant quality, lease terms, location, and lease structure.

@Ramada EvansBefore putting in any offers, I would make sure you know what the going rate is for a 12-month lease in your neighborhood, for a similar property (in its current condition and if you updated it).

Great property, renter renewed a 2 year lease.