William Tong
How to attract a National or Franchise Tenant
8 May 2017 | 12 replies
Some food places now want a larger area for land parking and a smaller actual building as most sales are going through the drive-thru.
Shlomi Twinner
Mice problem help needed
18 November 2017 | 1 reply
Clean up any trash or left out food that is attracting mice.
Jay Hinrichs
IZ rules for for new constrution Multi family
3 April 2017 | 18 replies
If you want substantive solutions that help rather than hurt the intended recipients, then--just like food stamps and Medicaid--they must come from government or non-profits or public/private partnerships."
George Lekas
question about mobile home park investing
11 February 2013 | 5 replies
Net annual cash flow, $575K. 91 mobile home sites, 36 RV sites, 16 rental cabins, boat rental and launch site, food and liquor sales, etc.
William M.
Finding the right attorney
15 November 2012 | 8 replies
The advice above only cost me $20k.....seriously..My original franchise docs had verbiage regarding food preparation...????
Jeff Kovac
First commercial property, looking for input for development of best use
6 March 2013 | 6 replies
Another motel might be good in that location, fast food, convenience store with fuel, Walgreen's, Rite Aid?
Jason Mak
Offering my Retail Tenant a Credit line on past due rent
22 September 2012 | 9 replies
Maybe they scale down and you release the portion they give up and create another space for a new tenant.Example if they have 5,000 sq ft they reduce to 3,000 and you release 2,000 to spread out the risk and it helps them reduce their rent owed while keeping the same sales.Also the HUGE problem with mom and pop restaurants is that they do NOT have fixed food contracts like the big boys do (chains and franchises).The big boys pay a certain price which helps with operations and controlling costs.A mom and pop has to order through a local food supplier.In the coming months certain types of food are going to rise substantially because of costs.The restaurant will not be able to pass on all the increases to the customers to keep the same profit.They can reduce the portion some but as soon as they mess with the quality consumers will go elsewhere and the business starts dying and goes out.
Tim Schroeder
Should I assume 50% for rental expenses when analyzing a deal?
5 October 2017 | 12 replies
If you keep people under 7 days there's a much higher propensity to go out to eat, bring food back with them, etc.
Brandon Kraemer
Tenants Left 2 Months Early - Georgia
10 October 2017 | 6 replies
If it was obvious they were gone (no clothes, no food, just trash left behind), go ahead with cleaning it up and getting it ready to rent.
Derek Clark
ISO Advice: Single Family converted to Commercial on busy hwy
26 December 2017 | 4 replies
I talked to Lamar.As for the property itself, I'm a big fan of picking up properties with great commercial potential but with current cash-flow to pay for it while I wait for it to realize it's potential.Really what you want on a parcel on a busy street is re-development to highest and best use, fast-food, hotel, strip-mall, etc.