Ask for a letter of intent (LOI) from the prospect tenant, it lays out all the terms and rates and other conditions. Once we make an agreement on LOI, normally landlord's attorney will draft up a lease. Tenant will review or have their attorney review, most likely negotiate a few rounds to finalize and execute. What you want to see is tenant's financial qualifications (tax returns of last 3 yrs, YTD income and P&L etc) and you should require a personal guarantee of the lease.
Different from residential, commercial RE does not have standardization most of the time. You will need a good experienced commercial attorney to draft a lease for whatever agreed between you and tenant. With that, you could use two leases (one commercial for farm land and one residential for the house). I would push for one commercial lease for both properties, especially with a triple net agreement (tenant pays all the expenses, including property tax, insurance, upkeeping, maintenance, landscaping, etc). This type of NNN lease minimizes landlord's workload and responsibility...offering true passive cash flow. On rent rate, you need to do your own homework, searching for rent comps, talking to local leasing brokers/agents, checking current supply on market...I would start with a little higher than market rent if you feel there is high demand for this type of property. Best Luck!
有几个人问了Horse farm,现在我比较知道定价了,原来全国都缺horse farm,还挺热的。有的人有那种training school或者小的breeding business的,有自己的公司的,估计都是LLC,请问怎么写的申请表?需要他们交什么资料?和普通房子出租的有很大不同吗?
谢谢
Commercial lease is entered into with open eyes on both sides. You make your own deal however you like, no protection of law.
Most important is the reputation. Horse business is a small world.
这种小business看什么呢?是我和他们个人签还是和LLC签呢?和收入应该没什么关系。
上了FB好多人问,我大概定价低了,惨了,看来不但人缺房子,马也缺房子
细节,不象民房的一般大概而论。
民房有州法联邦法做后盾。
商房是完全依照合约。
Ask for a letter of intent (LOI) from the prospect tenant, it lays out all the terms and rates and other conditions. Once we make an agreement on LOI, normally landlord's attorney will draft up a lease. Tenant will review or have their attorney review, most likely negotiate a few rounds to finalize and execute. What you want to see is tenant's financial qualifications (tax returns of last 3 yrs, YTD income and P&L etc) and you should require a personal guarantee of the lease.
A business with good reputation will stay in business longer.
It is like credit rating for a person.
收多少?
https://scquarterhorse.com/
https://showchsa.com/Home
https://www.schorsemenscouncil.org/
哪方等等....
FB上有社区专门讨论这种property买卖lease的,我这两天从问的人来看,全国缺马的住房
DnB.com 看看。
Different from residential, commercial RE does not have standardization most of the time. You will need a good experienced commercial attorney to draft a lease for whatever agreed between you and tenant. With that, you could use two leases (one commercial for farm land and one residential for the house). I would push for one commercial lease for both properties, especially with a triple net agreement (tenant pays all the expenses, including property tax, insurance, upkeeping, maintenance, landscaping, etc). This type of NNN lease minimizes landlord's workload and responsibility...offering true passive cash flow. On rent rate, you need to do your own homework, searching for rent comps, talking to local leasing brokers/agents, checking current supply on market...I would start with a little higher than market rent if you feel there is high demand for this type of property. Best Luck!