All Forum Posts by: Ronald Rohde
Ronald Rohde has started 17 posts and replied 5103 times.
Post: Land Development on Commercial Real Estate (Strip Mall?)
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
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Whats your investment experiencing? Have you done heavy value add? Hired a GC? architect? raw land development is not a good place to start learning
Post: Medical Office Investment experience?
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
is this an office condo? sounds incredibly small, but what does it rent for?
Post: Looking for an attorney or lawyer based in Texas for property management advice
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
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what is the reason for termination? no reason?
Post: Flex office space next to contractor garages
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
Quote from @Adam Oldham:
Quote from @Cason Acor:
Quote from @Brad Johnson:
Curious to what market demand might be for a smaller office/flex space next too a bunch to contractor condos? Would seem like a good opportunity for a rentable space for contractors to meet clients or would it be better to look for a longer term lease?
spaces. Think 2,500 SF or less. I’m tracking about 400,000 SF worth of new developments in Utah County that will all have units of that size and they’re filling up fast.
I listed a 1,300 SF warehouse space in Orem for lease a few weeks ago, and got a dozen calls in the first two hours and it was a literal race among the interested tenants to get to the unit first. At the time, it was the only space less than 2,000 SF that was available in the entire county.
Feel free to DM me and I’d be happy to chat more or answer any questions.
Hey @Cason Acor in your experience do the tenants want a small bathroom?
most code will require it
Post: NNN Lease and Tenant Paying Rents and Other Expenses Yearly
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
Quote from @Evan Polaski:
@Cornelius Amos, if the property has a mortgage on it, it may not be allowed. Most of my commercial experience is in multi-tenant retail, and all had mortgages. There were specific mortgage covenants that did not allow for the collection of more than one month of rent in advance. Way to protect bank from landlord taking a huge chunk of cash and abandoning property.
In your post you mention rent and other expenses. Insurance and taxes are not uncommon for national tenants to reimburse when the actual bill is issued, versus escrow monthly like the mom and pops, but in my experiences, any tenant paying a year of rent up front is not common.
To be technical, you can transfer the funds into an escrow account that isn't "receiving funds in advance" the bank/lender is happy to accommodate that.
Post: Self Storage Opportunity
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
Do you have it under contract? what other self storage do you own?
Post: Need Help Underwriting a Manufactured Home Park
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
Adventures in CRE.com has underwriting services
Post: Invest or Hold
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
commercial is not a monolith, pick an asset class and a market first.
Post: sloppy vs dishonest/retrade
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
if you don't trust them, I'd walk. there are another million things they could be hiding
Post: Wholesale or JV Commercial Property Deal
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,246
Vacant restaurant is not worth anything if you don't have a tenant/business to place.