All Forum Posts by: Ronald Rohde
Ronald Rohde has started 17 posts and replied 5105 times.
Post: Tenant selling business, How to make disclosure when they don't seem up and up
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
I dont think you have a duty here. You're focusing on the wrong things.
If T thinks the competition across the street is a big deal, they know more than you do. How will you protect your rents? Which tenant is a better operator for the future? Worry about your building and rent and tenants, then let the information flow or not however you want.
Post: Commercial Property Skip Tracing
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Do you have LLCs yet? just google can get you pretty far manually searching
Post: Professionals and Investors interested in a meet up in Hialeah, FL
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Good luck! I'm a Florida attorney!
Post: looking into buying a bar/ restaurant
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Sounds like a terrible plan.
Do you currently run a successful bar/restaurant?
Post: Tax deductions for NNN lease
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Quote from @Jeffrey Fung:
Thank you both. Real estate professional status is something I have not looked into but will. I don't think cost segregation is worth doing in my situation.
First time posting...really appreciate the response.
@Julio Gonzalez Thanks! I will run it by my accountant, it seems a bit over my head to be honest.
We don't do cost seg. Its just accelerating the inevitable, we don't 1031. Just pay the tax on a non accel basis and the result is not nearly as bad.
Do you have partners?
Post: What are typical financing terms when purchasing a single tenant building?
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Quote from @Andrew Lerner:
What are typical financing terms when purchasing a single tenant building?
Is it an absolute net lease or regular NNN? That matters a lot
Post: Let's talk urgent care centers!
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
High cash flow, high burn rate for under performing centers. I looked at investing in 2-3, they are killing it, sold off to a PE group. Woulda 4x my money.
Otherwise, I'm working on a third lease in 3 years for an urgent care location, we rep landlord.
Post: Attorney in Texas recommendation
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Quote from @Eric Perez:
Asset is single family residential. Looking at a purchase contract and want to make sure that I’m not missing anything.
$1,500 flat fee review, happy to chat
Post: Who does repairs in NNN
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Quote from @Eliott Elias:
A triple net lease should hold the tenant responsible for all maintenance. Check your lease for exclusions.
And LL responsible for capex.
Its a wonderfully blurry line, only lawyers can help you read it
Post: Expand Private Investor Network for Industrial Flex Investments in Texas
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,326
- Votes 2,248
Wanna buy 43k sq ft, multi tenant in Dallas? Right off 75, fully leased.