All Forum Posts by: Tony Nguyen

There are other things to consider too such as who pays for marketing expenses to get the property sold. You could take a lesser then 50% cut if you don't have to pay for marketing expenses or go the 50/50 route but be ready to be fair as well when it comes to expenses. Good luck with the door knocking.

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STDB.com is what I use. Good luck

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How do you guys structure your deals? More specifically, how do you divide the equity, yet still leave room for the syndicator?

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Originally posted by @Val Csontos:

@Karma Senge

I could be wrong but I believe brokering commercial or other deals might just be a destruction for you from reaching your goals!

how so?

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Originally posted by @Jay H.:

@Joel Owens Thanks for the insight. The average rent in the area for comparable properties is from $8.75 - $9.85 per ft2 the tenant wanted $9.50 with a .50 bump at the fifth year, but I held firm at $10.00 with no bump. Our exit plan is two fold. Ideally we will have a mail box money buyer in place to take us out prior to first months rent. Or, it will roll into one of my partners personal portfolio of net lease properties, and I will cash out. Our operating agreement is drafted with these provisions.

@Andy B. Since I am still in the LOI-prelease phase I will make sure I pay close attention to the language of the lease. I have already started the push back on the NNN responsibilities.

Thanks!!

Wow, great thread! I would caution you about the NN lease. If its not too late, try to go with a NNN for ease of selling. Yes, you'll get lookers for the NN property, but most investors looking at single standing NNN properties are going to be critical about it. Although the location sounds superb, the lease should be just as good with no Landlord responsibilities.

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thanks Kim!

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no sir I haven't - is that what you recommend/use?

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Hello!

I'm looking for a company to buy E&O insurance from for my real estate brokerage firm. Do you have any recommendations?

Thanks!

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Hi All,

I am switching from 1 property manager to the next for an apartment building. What is a checklist of items I should ask for in order to make sure the transfer is smooth and successful?

I would appreciate your input - thank you!

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@Tim G. thanks!!

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All Forum Posts by: Tony Nguyen

Tony Nguyen has started 83 posts and replied 346 times.

Post: Partnering

Post: Finding demographic data for 1, 3, and 5 miles from an address.

Post: $1 million syndication

Post: 2 Quick CCIM Questions

Post: Start to Finish... Ground Up Single Tenant NNN Lease Development

Post: E & O insurance company referral

Post: E & O insurance company referral

Post: E & O insurance company referral

Post: Changing Property Managers - What Do I Need To Ask For?

Post: Where Can I Get The Best Price For Postcards?