All Forum Posts by: Courtney Duong

@Chad Hale that's what I think too.  We do have adequate parking.  What kind of liability is considered proper for us and them in order to host this?  Thanks.

@Chris Mason thanks for sharing.  I agree COVID-19 isn't going anywhere anytime soon.  Anything we can do to help the community we will participate.  Both of my parents are above 80 so I take it personal in the prevention of covid-19 spreading in the elderly.

@Theresa Harris thanks for such a quick response.  Sounds like they have done this before.  Will make our property manager ask them for what kind of paperwork they have for liability.

So one of our current tenant in a retail commercial is asking for permission to bring in the Gulf Coast Regional Blood Center and their mobile coach for a blood drive in our parking lot.  He already asked the rest of our tenants and they have no objection to this blood drive.

The plan that he proposes is that he will coordinate with the tenants on this blood drive:

. the mobile blood donor coach coming to the main parking area of our retail strip for a to be determined date in June.

. Typical four and one half hours per session, 10 AM - 2:30 PM, for example.

. Each tenant could recruit a list of donor commitments using their social
media, word of mouth or whatever, to the extent that they wish to put
in effort.

. He will consolidate the donor list and agree the time and date for the mobile donor coach to come to our shopping center.

. Each tenant can offer incentives as they wish for entice donors to come.

. Each tenant can promote the occasion on their social media or however they choose.

. He will attempt to get additional promotions through the CyFair Houston Chamber of Commerce of which he is a member.

We want to say yes to this because:

. A robust blood supply is important to the community. This is a noble cause that we always support.

. The tenants of our retail could use some publicity and promotions, hopefully leading to increased traffic at the shopping center.

However, I am not sure if this will pose any risks to our tenants and to us as landlord?  Should we let them do this blood drive and if yes, what should be done to mitigate risks?  Any advice/tip is greatly appreciated!

Thanks.

Following.

Following.

@Kavi S. thanks for taking the time and answering all of my questions. Really appreciate it.  Once again I am truly happy for you on your first commercial lease deal.  Good luck, stay safe, and happy investing.

@Kavi S. nice job.  You got them agreed to pay last month rent un front too.  Will remember that next time.  Just 1 more question: for the 2 months free rent, was it totally free or you made them pay tax, insurance for those 2 months?

@Brian Ellwood great list!

@Kavi S. I forgot to ask about deposit.  How many months are you getting, 1 or 2 months?  Thanks.