NNN Guy

@realEstateTrent Curiosity usually drives me, but lately its been inflation.

@getreally_ai @DFWJoeAskew Site Please!

@DFWJoeAskew Give me the A++ site. Tenants come and go—but dirt in the right spot prints money forever.

Would you rather have: A++ site or A++ tenant

@Bethazor1 The Queen has spoken

Leasing a 17% occupied mall, in a City a 3-hour flight away. (1st few months) 1. Subscribe to all local newspapers and magazines. 2. Learn from said news there is an entrepreneur contest coming. 3. Become a headline sponsor in the entrepreneur event. 4. As part of the sponsorship, require the judging and awards must be held at the mall. 5. Request to teach a class to all applicants on how to lease commercial space - using the mall as the classroom- thus welcoming 50 entrepreneurs into the mall and creating a relationship with them. 6. Prizes for the winners - space in the mall! (3 mos, 6 mos, and 12 mos free for top 3) 7. Get all contact info from all entrepreneurs who applied to the competition- over 100. 8. Major TV news crews present in the mall day of Awards - sharing the news our Mall is Back! This is how we jump-started the leasing at Tower City in Cleveland in 2021!

Looking back on 2024! What are your successes, failures, and aha moments?

current tenant wants to expand their current space of the building by taking over the former drive thru lane of a bank. they are a vet clinic that needs room to operate. They will pay for build out, but should i charge more for rent?

I hate that I have to call the brokers client directly because they dropped the ball on getting a deal done!

what happens when your NNN asset shrinks in value. High paying tenant moves out and mom and pop tenant moves in at a lower rent because that’s what the market dictates. Hold on? Sell? wait till mortgage rates fall again to 3%?

@CoachSmitty317 the extension time has already past. I like the idea of all interest. Another suggestion was to have another property with significant cash flow be a cosigner

@johnmckeeDC Modify the request on interest only terms to allow for new fit up if needed and time for new tenant.

when the loan is due, but the tenant just left. What do bankers typically do while you’re trying to lease out the space? whatever new tenant we do get will only pay 75% of the current rent because of the market conditions.

Frustrating working with a residential realtor that doesn’t know what a nnn lease is!

flex tenant wants lower rent in exchange for fixing up unit. Do i care if a 1200 sqf contractor garage is fixed up?

The power of momentum! When someone says yes, try and cary that deal through. Any delays after the word yes can kill a deal.

@ElonGerbergROI great post! but don’t call me!

@johnmckeeDC Thanks for the inspiration 😂 YES WE LEAVE VOICEMAILS !

why do brokers keep calling leaving voicemails. Does that even work?

@ElonGerbergROI sounds like a soul sucking job

@johnmckeeDC Call, leave voicemail, send follow-up text, send follow-up email, send hardmailer, connect on social media, drop by their office. Repeat

@GeorgeWTrumpWon @georgeabro i prefer fax!

@johnmckeeDC @georgeabro What do you recommend to reach you?

We have a buyer in the area looking at your property. …yea right!

those guys from Silber investments are relentless.

@georgeabro maybe some boomers will answer the phone, but not me. Just seems inefficient

@johnmckeeDC Why wouldn’t they is the question? Lol

@jamesblazen1126 if only it would help

@johnmckeeDC Bend over.

Bad day! High paying Corp tenant is moving out. Probably going to lose 25% in value trying to back fill it with a mom and pop tenant.

@ClarenceWongCRE There is always a chance, but slim.

@johnmckeeDC What type of retail property? No way to repurpose existing improvements for another credit tenant?