11 – Smart Business Owners Add This To Their Lease: A Reasonable “Kick-Out” Clause

 

SQUARE-CRAIG-MELBY v.3.0Hi, and welcome to Episode 011 of the Corporate Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Craig is joined by guest interviewer Brian Waldrop. The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. In Episode 011, Craig talks about how to write a Kick-out Clause that is reasonable and fair for both parties. If you could see 3-5 years in the future that would be pretty darn awesome, but no one can! Please make sure your lease provides the opportunity for you to fairly compensate your landlord and walk away. Tune in to learn how. Thanks for listening! Continue reading “11 – Smart Business Owners Add This To Their Lease: A Reasonable “Kick-Out” Clause”

10 – Lease Landmine #4: What a “Holdover Clause” is, and How it Can Bite You Hard!

Hi, and welcome to Episode 010 of the Corporate Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Craig is joined by guest interviewer Brian Waldrop. The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. In Episode 010, Craig talks to us about what kind of things they are seeing right now and one issue that renters are having with their leases is dealing with their holdover clause.

The holdover clause refers to the amount of time you stay beyond your lease term. If the landlord has a new renter scheduled to occupy the space, your overstaying could cause a problem. That is why the holdover clause usually includes a severe rent increase. Before you sign, ask for this to be reduced so that when the time comes, if unforeseeable circumstances make your leaving on time impossible, you’re not devastated financially. Thanks for listening! Continue reading “10 – Lease Landmine #4: What a “Holdover Clause” is, and How it Can Bite You Hard!”

9 – Negotiate That Lease Renewal and Achieve More Profits and Less Risk

Hi, and welcome to Episode 009 of the Corporate Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Craig is joined by guest interviewer Brian Waldrop. The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. In Episode 009, Craig talks to us about the time frames surrounding your lease renewal. You may think that it is sufficient to start making plans for a renewal or a move 2-3 months before your lease expires, but it is not. There just isn’t enough time usually to find a new space and coordinate a move. Craig recommends negotiating with the landlord about 9 months before the end of your lease. Actually, wherever you are in your lease term you do still have the ability to negotiate a renewal similar to refinancing. Thanks for listening! Continue reading “9 – Negotiate That Lease Renewal and Achieve More Profits and Less Risk”

8 – Lease Renewals Are Negotiable Events! Don’t Leave Money on the Table

Hi, and welcome to Episode 008 of the Corporate Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Craig is joined by his co-host Natalie Pyles. The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. In Episode 008, Craig gives a simple checklist of items to consider at renewal time. Remember that you can renegotiate anything in the lease at this time. In fact, you can try to renegotiate toward renewal at anytime during the term as it might be in the landlord’s best interest to renew early, too. Thanks for listening! Continue reading “8 – Lease Renewals Are Negotiable Events! Don’t Leave Money on the Table”

7 – Don’t Leave Millions of Dollars on the Table – What You Need to Know About Incentive Negotiations

Hi, and welcome to Episode 007 of the Corporate Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Craig is joined by his co-host Natalie Pyles. The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. In Episode 007, Craig introduces a lease space factor that just might be a game changer! Did you know that there are state incentives that can make a huge difference in how profitable your business is? Learn how to keep your options open with regards to where you decide to be located so that you can get the best financial advantage from state incentives. Thanks for listening! Continue reading “7 – Don’t Leave Millions of Dollars on the Table – What You Need to Know About Incentive Negotiations”