In lesson five Steve and Andrew go through the ins and outs of a commercial lease and exactly what you need to look out for.

They also discuss how lending on a commercial asset works and why finance is so important. 

 

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Topics also covered:

  • The lease process
  • Types of different leases 
  • What an option is 
  • The pros and cons of different lease periods 
  • The lease renewal process 
  • What to do if your tenant does a runner 
  • The eviction process 
  • Bonds and guarantees 
  • Methods to increase your rent 
  • What is CPI 
  • Why you need to lodge a BAS statement 
  • Pros & cons of vendor finance 
  • How to identify a good commercial mortgage broker  
  • The different types of loan products 

 

Steve Palise - Palise Property 

Ph: 0403 878 497

Email: steve@paliseproperty.com 

LinkedIn: https://au.linkedin.com/in/steve-palise

 

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SHOW CREATED BY THE COMMERCIAL PROPERTY SHOW NETWORK 

 

HOSTED BY: Andrew Bean 

Ph: 0410 694 633

Email: ab@developalife.com.au

LinkedIn: http://linkedin.com/in/andrew28

Instagram: @andrewbean28

 

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APPLE PODCAST

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PODBEAN LINK

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