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30 April 2014 | 2 replies
I still have not reviewed other leases to see if they are structured as a gross or triple net but was wondering in anyone in here had links to some easy DIY templates for commercial leases or should I only attempt to do this through an attorney or professional property manager.
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5 April 2015 | 4 replies
Acquiring the right kind of cheap farmland and clipping off the high-value Transferable Development Rights credits that will be required in order for developers to obtain the new major "density bonus" permitting (260%) in the new Urban Growth Areas and then selling them for triple digit ROI's.
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23 September 2015 | 1 reply
This is a bit problematic since most of our leases are not triple-net where we can recoup this CAM charge accordingly.Is this something that is typically provided by a landlord at a commercial strip center?
29 November 2015 | 1 reply
You will occassionally see life companies making commercial real estate loans as small as $3M, but these small deals are usually made on properties leased on a triple net basis to some incredibly strong tenant, like Walgreens, CVS, Rite Aid, or some other national credit tenant.
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29 October 2016 | 5 replies
So double and triple check everything, as it would be tough to compete with a builder in terms of costs and experience.
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4 January 2017 | 18 replies
He charged a premium for his service for delaying the payout...he admitted to me that he was "just an average" carpenter...but that this job would only take him about 4 weeks...working nights and weekends...moonlighting from his regular job.He told me that he normally would have only been paid around $10-12k for the work he was doing....but that the owner...who was coming out of his own pocket for this work...was happy to have delayed the payment and therefore did not mind paying the premium...nor did he mind...paying a further premium (in the form of a percentage of sales)...to be allowed to pay out for the work performed.Everybody won...he was payed VERY well for the work he performed (albeit on a payout plan)...the cash strapped owner was happy about the arrangement...he got to payout for the work over time and IF his doors closed, the deal was off...BTW, the restaurant/bar is still open to this day 18 years later...The real kicker...was that the carpenter shared with me that this was the 14th project like this that he had done in the last 2 years...and that although most of the jobs were much smaller than this one...they were all paying him something every month...at about TRIPLE what his normal rates would have been for each project.My question is...why are we ALL not doing business like this?
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21 March 2017 | 3 replies
.-1 house-1 Car detailing center-1 Mix Martial Arts Studio-1 Beauty Salon -1 General Contractor-2.5 Offices (2 offices not rented)-1 large storage space (can be potentially turned into more offices or something else)All units are triple net leases, and pay for the first $500 of any maintenance.
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4 April 2017 | 8 replies
If their schedule E is bare bones then figure your own and double or triple it because there will be tons of deferred maintenance.
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19 December 2018 | 2 replies
I'll be tripling my cash flow in the 4 unit.In the contract, I made it so I can back out if the property appraised for under my offer of $168,500...