All Forum Posts by: Aj Bellamah

Hey Ronald, thanks for the response. We have over 200 tenants with different COI requirements. Not massive and we CAN do it via excel or custom fields in Rent Manager. But through experience, some tend to slip through the cracks as everyone's insurance requirements and anniversary  dates vary across the portfolio. 

Just wanted to know if anyone had a non excel sheet based automated solution for collecting and maintaining COIs. "Trust Layer" might but I think its more for subcontractor COI tracking. Anyway, I appreciate the feedback! 

Hello All,

I'm a small bay flex industrial owner operator. I'm looking for solutions on how to effectively track COI's for tenant liability policies. We have clauses in our lease that require it upon execution of the lease. We also require being added as additionally insured on the policies. But what happens is that a year or two goes by and we don't have updated COIs. 

Does anyone have any digital solutions for automatically tracking these COI's at scale? We of course could build an internal manual process with a virtual assistant of some sort, but I want to see if anything exists. I have seen digital solutions for Multi family and residential real estate, but not Commercial General Liability. 

Thanks for the help! 

 I own 2 small flex multi tenant industrial buildings like this in Florida. Our model is generally value add, refi, and hold. That being said, if I wanted to look at building these types of flex spaces, are there any places where I could start to learn about that process? Buying the land, making sure its zoned correctly, then the whole underwriting and building process? This is more of a learning exercise, but as you pointed out, there is a giant lack of this type of real estate. 

Thanks!

@Ronald Rohde Thank you! I will look into him. He seems legit from what I have found. I appreciate it. 

 I have managed Office and Industrial (owner operator) but privately. Not for other clients. I'd be happy to answer any questions that I can, but you may be better off talking to the actual professionals as previously mentioned lol. 

 Love Flex Industrial. Thats my focus but in the Florida area. Originally from the DC area though. Nice find John. 

 I own 2 small flex multi tenant industrial buildings like this in Florida. Our model is generally value add, refi, and hold. That being said, if I wanted to look at building these types of flex spaces, are there any places where I could start to learn about that process? Buying the land, making sure its zoned correctly, then the whole underwriting and building process? This is more of a learning exercise, but as you pointed out, there is a giant lack of this type of real estate. 

Thanks! 

Given you've already put money into this, have you considered going to the owner and seeing if they would do some sort of creative owner financing with equity split options? May be a win/win if you have no other way of closing and the owner would be amenable to a higher return with slightly more risk. Good Luck!

Hello BP community! My name is AJ and I am new to this community. Like many of you, I love the content and am eager to get to network with like minded individuals. I am a commercial real estate investor in Tampa/Sarasota and am looking to build out my team to take down a deal soon. I focus predominately on flex industrial but am venturing into mixed use and retail as well. 

I am also an entrepreneur who recently soft launched a beauty specific real estate website: Think of Zillow/Loopnet  exclusively for beauty practitioners. I've found that this type of small beauty space (like salon suites/booths) can only really be found and advertised on Facebook Marketplace or Craigslist. There are daily rental sites like Shearshare but I don't think they hit the mark at all. 

The problem I face is that in order to get started, I need the spaces to list on the website. I can't just take these listings form FB marketplace so I was wondering if anyone out there had any ideas on how to target salon owners or property managers with these types of spaces? The site is 100% free to use so I am really just trying to get the supply so I have something to advertise. As it stands now, I am just going to go down the yellow pages for Salons and try to offer free advertising to any owners with vacancies in their salons or go to Linked In and target owners that way. 

In any case, I appreciate any and all feedback!