TheHaitian
Senior Associate
Joined: Jul 27, 2014 19:39:10 GMT -5
Posts: 10,144
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Post by TheHaitian on May 27, 2019 18:40:53 GMT -5
a building/warehouse or home to previous owners... What would be in it for the investor?
I have heard of people short term renting their home back from the new owners because they needed more time to move out or find a place.
Or if is a building with several businesses and 1 business own the building they sell it and remain a tenant to the new owners.
But this one is 1 building and only possible for 1 business to be there (set up wise/privacy purposes) that they current business owners are selling the building but want to rent it back to keep running the business.
And it sound like a “long term plan”.
I am trying to see what is in it for the new owners (unless they were planning to rent it out anyway and with them choosing to stay make their job easier. And whatever they pay is more than enough to keep them happy.
But business owners would you be concerned no longer owning the place? Because the reason they moved to this place was the old location they were at the rent got to high and only so much remodel they could do since it was considered “historic building”. Would you be concerned new owners would drive you it with increased rent?
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alabamagal
Junior Associate
Joined: Dec 23, 2010 11:30:29 GMT -5
Posts: 8,115
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Post by alabamagal on May 28, 2019 8:02:28 GMT -5
The owner also has the real estate as an asset. Similar to buying a rental house with a tenant already in it.
Real estate is something you can get loans against and hopefully appreciates in value. Commercial real estate can be risky. A lot of retail places going out of business. In order to invest you have to consider if the location had value if the current tenant goes under. What other uses does the place have.
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