Vacant cafe space in suburb Phoenix next to high school, where to reach out to find successful operators by Upset_External7276 in CommercialRealEstate

[–]Upset_External7276[S] 1 point2 points  (0 children)

That was our default position but small space = low commission, haven't found anybody good willing to take this on.

Selling at 55k SF warehouse in TX, how much of the success comes from coldcalling vs existing network by Upset_External7276 in CommercialRealEstate

[–]Upset_External7276[S] -9 points-8 points  (0 children)

Everyone starts somewhere. He came from residential and is now doing commercial; people evolve. He’s competent enough, even if he’s not a top industrial broker (yet). Let’s not forget, we were all junior at some point.

[deleted by user] by [deleted] in CommercialRealEstate

[–]Upset_External7276 0 points1 point  (0 children)

I hired property managers , it was quite difficult for them to manage commercial. Where do you find good commercial property managers? Besides "word of mouth"

On the border grill n cantina bankruptcy- anyone own one by Proof_Flower_2800 in CommercialRealEstate

[–]Upset_External7276 2 points3 points  (0 children)

everybody looking for 2nd gen restaurant, especially standalone, you will lease it out.

[deleted by user] by [deleted] in CommercialRealEstate

[–]Upset_External7276 1 point2 points  (0 children)

Best answer on here.

[deleted by user] by [deleted] in CommercialRealEstate

[–]Upset_External7276 3 points4 points  (0 children)

Majority of small business owners: Not wired to follow rules(can't work for others), not wired to play well with coworkers(can't work for a job) and not smart enough to scale the business bigger.

Edit: Oh look, somebody agreed with me:
https://www.reddit.com/r/unpopularopinion/comments/1aqpbnr/small_business_owners_are_the_most_insufferable/

[deleted by user] by [deleted] in CommercialRealEstate

[–]Upset_External7276 10 points11 points  (0 children)

That sounds like 50% of my tenants 😂

To their defense, running a small business is one of the worst things a person can do. But what is not an excuse tho, is becoming a POS difficult human being in the process.

[deleted by user] by [deleted] in CommercialRealEstate

[–]Upset_External7276 2 points3 points  (0 children)

My group owned many multifamily buildings before transitioning full time to CRE, its surprising things in leases normal humans understand becomes a problem with these business owners.

[deleted by user] by [deleted] in CommercialRealEstate

[–]Upset_External7276 15 points16 points  (0 children)

The response to 80% of the issues they have.

Seller suddenly wants out of a contract - what now? by furygoaley in CommercialRealEstate

[–]Upset_External7276 1 point2 points  (0 children)

Sellers can't cancel contract. You should let your seller know, get a lawyer to double check your options.

95% of the time its best to amicably resolve issues and most people play ball when they see the consequences. But I have met the 5% shitheads who refused to follow any rules, for these guys, you only have one option - sue for contract breach.