Episode #049- The POWER of Negotiating Lease Renewals!

Today our hosts Brian Duck, Braden Cheek & Joel Thompson from The Criterion Fund talk about the power and importance of negotiating your own lease renewals. Topics discussed: The benefits of handling your own lease renewals. The Triple Nets of the deal (maintenance, insurance, and property taxes). The financial benefits of implementing Annual Compounding Increases for your tenants. The power of exchanging tenant improvement dollars for increases in rent. WARNING: Make sure that your rent price isn't based on high TI (tenant improvement) contributions. Creating leases with options holds NO REAL VALUE to the landlord. Because of the nature of rising interest rates, the best move is to negotiate lease options based on FAIR MARKET VALUE. The power of negotiating SHORTER leases. *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list MB01GOYTK7WTBLE