All Forum Posts by: Martin Z.
Martin Z. has started 60 posts and replied 298 times.
Post: Finding Good Deals On Strip Centers In FL or Tx--Good Luck!

- Glendale, CA
- Posts 303
- Votes 67
The broker may have already had a buyer lined up, too many variables to know the exact reason, but good luck, "knowledge is power"
Post: Finding Good Deals On Strip Centers In FL or Tx--Good Luck!

- Glendale, CA
- Posts 303
- Votes 67
It's been my experience if it's a really great property and deal, by the time you're "not in a hurry. I really need to study, ask questions," an all cash buyer has swooped in and taken the deal off the table.
I'd suggest really doing your studying, etc, in advance so you can identify good stuff when it comes out and move quickly.
Post: client leads from your For Lease or For Sale signage

- Glendale, CA
- Posts 303
- Votes 67
From the For Lease or For Sale signage you put up on your current listings, is it common to get new clients who see the signage?
Post: Reviewing Assignee's Financials

- Glendale, CA
- Posts 303
- Votes 67
@Khaled Seirafi also, if new entity is a corporation, remember to get a personal guarantee from them, if your current tenant has a personal guarantee, it most likely won't apply to anyone the lease is assigned to.
Post: Retail Plaza/Strip Mall litter control question?

- Glendale, CA
- Posts 303
- Votes 67
It should be specified in your lease, if your lease is on a NNN basis, meaning you pay for common area costs etc. The landlord would arrange the grounds keeping and bill you for your portion.
Post: possible high electricity use tenant

- Glendale, CA
- Posts 303
- Votes 67
Buy a sub meter, I would avoid guessing the cost, probation etc.
Post: Property Manager Under Broker - Commission

- Glendale, CA
- Posts 303
- Votes 67
If your broker isn't taking a commission, there's no better deal. There is a bunch of liability taken on by a broker once you operate as their salesperson, depending what state you're in. If there's a lawsuit, they'll name the broker along with it.
Are you guys getting calls/leads from other property owners from "For Lease" or "For Sale" plywood signs you put up in front of current properties you represent?
Post: selling business long with the real estate

- Glendale, CA
- Posts 303
- Votes 67
Post: selling business long with the real estate

- Glendale, CA
- Posts 303
- Votes 67
an agent who's selling the building can find buyer for the business too, then hand it to attorney to take care of the business selling part?