All Forum Posts by: Ronald Rohde

Thanks Rick!  We were able to take care of it with just the 3-day-notice letter.  Tenant will be moving out in 3 days!

My wife and I own a medspa. We are also minor RE investors. The two have converged. We were looking for 3 years and finally found a commercial property that would serve as our new location, but the RE investor in me requires that it be able to stand on its own two feet feet from a RE perspective. However, the cost of construction is double where it was 2-3 years ago when we started looking at properties.

It’s important that the company it’s not looted to justify owning the building. We bought the building right, the company is successful, but the $800k buildout now looks like $1.5M.

Any suggestions would be welcome.

I purchased a vacant qsr building earlier this year.  Its a superb location and we are confident in finding a tenant.  We were approached by a very large fast food company about the building.  They are much more complicated than the normal fast food chain.  We are meeting with a group that specializes in development for this particular brand.  Where we would provide the building/land/ initial work and they would bring their expertise in development of the building and contract negotiations.  

We have never done a joint venture like this.  Anyone have any experience in this.  What do you think a fair split moving forward?  I know this is vague and i cant share numbers but just curious if anyone has any insight.

 Ronald - I would love to connect to learn more about your truck rv parking assets. I am new to commercial real estate and we have a lot of empty commericial spaces here in Hartford County CT. Can I DM you?

Means you own the property subject to the waiting period.  Google for details.