50 – When You Can Leave the Parking and Traffic Behind . . . and Do MORE Business!!

Good morning and welcome to Episode 50 of The LeaseSmart Commercial 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.

In this episode Craig examines a case study of a donut shop finding the perfect new location. This donut shop was located in a tourist town, right on Main Street. It was nice inside; it had plenty of available parking and plenty of drive-by traffic. Sounds great, right?

Well, this particular donut shop had the opportunity to move right up the road into a new location. The new location was right in the center of all the action, so to speak. There was more pedestrian traffic. What does this mean? It means people are already out of their cars! What a recipe for success for this donut shop! They’ve increased their sales 300%, which is incredible!

What does this case study mean for you and your business? Craig invites you to ask yourself if your business wouldn’t thrive even more in a pedestrian area near an anchor tenant. Give him a call if you’d like to learn more. He can be reached at 800-962-2419. Thanks for tuning in and have a fantastic day!

Helpful Links:

For more information, be sure to visit LeaseSmart.com

49 – Inside Peak at a Typical Lease Review – The Important Stuff We Find!

Good morning and welcome to Episode 49 of The LeaseSmart Commercial 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.

Today Craig gives us an inside peak at a typical lease review so that we can see the types of important things that he finds. He reviewed a lease recently. It was a pretty standard lease for all intents and purposes, but there are always fixes that need to be made.

In this particular case, the landlord was a very nice guy and the lease was super easy going. Craig couldn’t readily determine the start date or which party would be liable for care of the building or property. Well, that’s all fine and good, but the truth is that both parties benefit from a specific lease. Craig’s advice: Put it in writing. No matter how small it seems or how small the chances are of it every happening: put it in writing. We hope this helps you in your leasing adventures and business endeavors!

Thanks for tuning in! Please leave us a review in iTunes so that we can help more business owners just like you.

Helpful Links:

For more information, be sure to visit LeaseSmart.com

48 – Augmented Reality & Virtual Reality Are Here, and Changing Commercial Real Estate!

Good morning and welcome to Episode 48 of The LeaseSmart Commercial 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.

We have a fascinating interview for you today! Craig is talking with Steve Aukstakalnis, author of “Practical Augmented Reality: A Guide to the Technologies, Applications and Human Factors for AR and VR.”

Let us be the first to share the good news with you that the future is here. Virtual Reality and Augmented Reality are, well, real. And, the implications for the real estate industry are huge.

First let’s go over the differences between VR and AR. Virtual Reality is wearing goggles and being able to see 360 degrees of a different location; to be able to move through it. Augmented Reality is wearing googles and being able to see your current location with additional cues, markings, information, etc.

Now, think of how this technology could enhance the experience of a client who is shopping for office space. Imagine being able to walk through a property without actually needing to travel to or walk through the property!

How else could you implement this cutting edge technology? What will happen if you sit around on the side lines and wait a few years before doing so? How expensive would it be to create these virtual reality tours? Tune in and join us to learn more!

Thanks for listening!

Please leave us a review in iTunes so that we can help more business owners just like you.

Steve Aukstakalnis can be reached via phone or e-mail. Give him a call at 305-432-2216 or e-mail him at steve@practicalar.com

Helpful Links:

Read Steve’s book Practical Augmented Reality

For more information, be sure to visit LeaseSmart.com

47 – The Landlord’s Little White Lie That May Cost You Big Money

Good morning and welcome to Episode 47 of The LeaseSmart Commercial 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.

Today Craig sheds a little light on a white lie that landlords use that could cost you big money. Here’s the thing: if you are looking at a property already and you bring a leasing agent into the picture, the landlord and the landlord’s agent aren’t going to be too happy about it. Craig thinks very highly of landlords and landlords’ agents. They are good people! You have to understand though, that they are working for the owner. It’s their job to get their client the best deal. That would be in direct conflict then with getting YOU a good deal. And, by bringing your own agent in to protect your interest, you’re making their job a little harder and their cut a little smaller.

So, the little white lie is that when you bring your own agent to the party, they’ll say, “Well, that’s fine but the the price is going to go up now, now that your agent will need a commission.” Don’t fall for it! Craig has NEVER seen a price go up due to his involvement. The commission gets divided and that’s built into the deal in the first place so while the landlord’s agent will get less, you won’t be paying more. Now you know.

Thanks for tuning in!

Please leave us a review in iTunes so that we can help more business owners just like you.

Helpful Links:

For more information, be sure to visit LeaseSmart.com

46 – Got Cold Feet? Your Risk May not be as Bad as You Think

Good morning and welcome to Episode 46 of The LeaseSmart Commercial 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.

Today Craig brings up a topic that we can all relate to: Cold Feet. Whether you’ve made big business deals or small ones, you’ve felt it. It isn’t surprising either when you think about the long term obligations into which you’re entering.

When signing a lease for example, you might get nervous about being on the hook for a property for the full length of your lease. Talk to your agent, your financial advisor and your lawyer. Go ahead and get some advice. You may find that the risk you’re facing isn’t as bad as you think. In some cases, if faced with personally guaranteeing a lease, you can homestead your home to insulate it from exposure.

Thanks for tuning in!

Please leave us a review in iTunes so that we can help more business owners just like you.

Helpful Links:

For more information, be sure to visit LeaseSmart.com