This video may have been focused around Commercial Office Lease, but it helped me learn the right questions to ask for when renting my own home. I am also looking into leasing a small place to have as my office and these golden nuggets are extremely valuable. This will save me a lot of time, energy, money, and headaches.
Litterly every year I re watch all of your videos. On the 4th year. Hands down break through business ideas every time learn something different that clicks and makes me reflect for a decision
Stumbled upon this older video. Some good nuggets here especially hiring someone specialized and NOT those that do residential and are " breaking into commercial". Look for brokers with CCIM or SIOR designations and actively doing deals. Also, there are a lot of factors that affect market price. Rarely is going around the broker a good idea and if you have a good tenant rep broker that knows the market he can inform you good deals vs average deals vs bad deals and argue intelligently to get you a better deal. Mr. David has more leverage in this scenario. Yes, brokers get paid for their services (we do a lot besides negotiate the deal) but most of pride ourselves in getting the best market deal for our clients, which in turn leads to more referrals. Great starter video as a lot of clients don't understand how it works.
Man this is what they don't teach us in colleges Valuetainment is the no ONE stop for ENTERPRNEURIAL education thanks for the great content I learn a lot from this video keep it coming
Great Advice there Pat, I am also looking out to lease a space for my new business. I will certainly use some of this advice. point taken - No two leases are the same so be creative in your negotiation
Patrick Please include video of lower quality too. I am from a third world country where internet speed is not too great and watching your video at 1080p which gives a real headache here. By the way, great fan of you. Watched each and every single video of yours. And trying to adopt your words. Hey, I was setting up my first new office space and there comes your video that exactly suit me right now. Thanks partick ;-)
I don't comment on these types of videos often, but this was just an outstanding video. Well thought out, well presented, engaging, and valuable information and insights. Thank you-- subbed.
Thanks for all your hard work ❤️@Valuetainment team and Patrick. It would be great if you make a video about How to create a ✅System in our business. Love all your videos. God bless You. Peace from Tajikistan 🇹🇯 😊👍🏽
to find lease 1. how much space(plan for future) 2 location 3 affordability(u can negotiate ) 4 term (how long) 5traffic (parking) and foot traffic(to see how good it needs to look) 6 legal (get noninterested attorney so fair for everyone) office types 3types 1a new 2b middle 3c crappy
Hey Patrick, love the content and this one was spot on the money. This is exactly the position I'm in right now as I'm about to aquire a space for my business. Here is what's going on right now. The space is a brand new building and in the heart of downtown where all the cruises arrive. The building is designed purely to provide different sources of entertainment. Thing is we would be the first company to open and not knowing how soon others will open is it fair to request additional free months while we wait for other supporting entertainment businesses to open on sight. I have faith my business will survive on its own but my legal team thinks it can be negotiated in a way that they could maybe approve that as well.
Unless you get a tenant representative who is paid by you and incentivised by the savings he/she can generate for you, ie: the tenant representative gets a percentage of the difference between the value of the landlord's initial offer and the value of the final offer.
🤗👍You are simply owesome!! I was in the middle of looking to lease comercial space to open small coffee shop...this video is helpful, now I know what to expect and I'll make educated decisions. So Thank you!! From Damascus Md.
My friend just ask me this question a while ago and then suddenly your video came into my notification...Hahaha Cheers Pat!!!,.Thanks Man!!.On point as always.
Mister Pat You're My Mentor I'm from Sudan and I've just Started to Developing Software that's fix problems that we've in my Country You're My Mentor and I learn a lot from your Channel , So please Upload a video about the uncertainty of startup and problems the each startup face .
thank you very much Patrick... I am lookig for office space to set up my first physical location. You've just informed me how the broker has been exploiting my naivety!! God bless you 100 times more!!
I like this knowledgeable information. I'm assuming it's the same for retail space. Here in St. Louis, MO...everything is NNN...there are loads of vacant space here and folks owners are so greedy that most are not willing to work with startups. Examples: worn down retail fronts sitting for years and they want top market rent/lease and not willing to make repairs, etc. Sad. Oh and popup stores has yet to catch on here in St. Louis.
Omg, I live here too but I am going back to Atlanta. I am having the same issue. I just need a small office and I can't find one. They are just large spaces, which are very expensive. Small businesses are kind of ignored here.
I disagree with you. Tai Lopez and all this guys are Not scams. Even Patrick knows this. They bring Value. They just charge for it. However Patrick brings more value and its Free..
You're right, I shouldn't call them scams, but some of these people are charging $500 for their exclusive online courses. I'm sure they do bring some value, and I suppose they are smart for including Lamborghini's and mansions in their videos, but it's just not anything I would buy. You can find almost anything for free on the internet.
Thank you @patrickbetdavid and #Valuetainment. This will definitely come in handy when we decide to move into our own space. Some solid advice as always. #NotificationSquad
rent 4 types single net-rare landlord pays entire expenses taxes water etc. double net-u only pay taxes and insurance triple net-u only pay taxes insurance and maintance ???full service gross only 1 check for everything if u have bad credit use a sub lease to pay
ask what percentage of office space is being used know that is 90 percent theyre fine but 30 percent they need tou to maximize profit cutthroat if ur public they only want money they dont care but privately is better they understand better ●educate ur client● tell them why its overpriced etc. if broker is annoying u can deal with ceo etc. and make it easier for them u can use other people if ur asking for good deal if theyre stubborn u can also trade office spaces if u want never get a deal broken get creative
Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid
This video may have been focused around Commercial Office Lease, but it helped me learn the right questions to ask for when renting my own home.
I am also looking into leasing a small place to have as my office and these golden nuggets are extremely valuable.
This will save me a lot of time, energy, money, and headaches.
Thank you
Damn this was good.
There's no other entrepreneur on CZcams who provides the amount of value in their content as you do Pat. Thank you!
pat is so underrated, deserves the Million subs no debating 🤘
SouthernStreet TV I'm saying
You are absolutely right !
2,42 mil. :)
this guy is 100%. more like him needed. Just content after content
The only video that finally helped me understand what NNN stood for - thank you!
For detailed notes of this video, visit patrickbetdavid.com/negotiating-commercial-office-lease
Valuetainment thanks Patrick! #notificationsquad
+Deeniece Browne much love
Litterly every year I re watch all of your videos. On the 4th year. Hands down break through business ideas every time learn something different that clicks and makes me reflect for a decision
I'm so blown away. This is REAL practical advice! Would have paid a 1000 dollars to have this lecture!
Stumbled upon this older video. Some good nuggets here especially hiring someone specialized and NOT those that do residential and are " breaking into commercial". Look for brokers with CCIM or SIOR designations and actively doing deals. Also, there are a lot of factors that affect market price. Rarely is going around the broker a good idea and if you have a good tenant rep broker that knows the market he can inform you good deals vs average deals vs bad deals and argue intelligently to get you a better deal. Mr. David has more leverage in this scenario. Yes, brokers get paid for their services (we do a lot besides negotiate the deal) but most of pride ourselves in getting the best market deal for our clients, which in turn leads to more referrals. Great starter video as a lot of clients don't understand how it works.
Lol the brokers part had me laughing because it’s so true but add the real-estate lawyers too
Man this is what they don't teach us in colleges
Valuetainment is the no ONE stop for ENTERPRNEURIAL education
thanks for the great content I learn a lot from this video
keep it coming
I can read all books of real estate but only can learn through other people's experiences. Thank you for sharing Patrick!! Lorena.
This video came in perfect timing! Thanks Pat!
Wow time passes too fast nate 😅 edt: love your videos gave me better mindset about finance thanks a lot
Woah, yeah so cool to see this here
Finally, Antonio started to have his impact on you!:)
+George Simons 😂
Every video here on Valuetainmentl is pure gold
This is the nuts and bolts of business. Great value.
The Valuetainment Content Is Priceless!
Pat. Dude thank you!
I’m so glad I saw this before I submitted my LOI
Great Advice there Pat, I am also looking out to lease a space for my new business. I will certainly use some of this advice. point taken - No two leases are the same so be creative in your negotiation
Very detailed as usual. Content is very nice and typical of Valuetainment. Keep it up guys!
Love all these old videos, the same great content as the new ones!
Patrick Please include video of lower quality too. I am from a third world country where internet speed is not too great and watching your video at 1080p which gives a real headache here. By the way, great fan of you. Watched each and every single video of yours. And trying to adopt your words. Hey, I was setting up my first new office space and there comes your video that exactly suit me right now. Thanks partick ;-)
Bet David in a suit! Looking sharp.
Great content every time.
Learned more about Patrick than commercial lease negotiations.
I don't comment on these types of videos often, but this was just an outstanding video. Well thought out, well presented, engaging, and valuable information and insights. Thank you-- subbed.
Thank you Mr. Bet-David.
This the dude that slays hair straighteners and dead sea skincare products in the mall
Thanks for all your hard work ❤️@Valuetainment team and Patrick. It would be great if you make a video about How to create a ✅System in our business. Love all your videos. God bless You. Peace from Tajikistan 🇹🇯 😊👍🏽
Love how passionate you are, thanks for educating us. Great tips here!
Never let down a deal. Get as creative as possible and offer as many solutions as possible, as no two leases will be the same.
As always these videos are money in the bank. Thank you Patrick.
to find lease
1. how much space(plan for future)
2 location
3 affordability(u can negotiate
)
4 term (how long)
5traffic (parking) and
foot traffic(to see how good it needs to look)
6 legal (get noninterested attorney so fair for everyone)
office types 3types
1a new
2b middle
3c crappy
Pat, I've listened to a lot of your videos, and I think this is one of the best. This video was so insightful. Thank you!
As I have just moved to a leased office space, this video is perfect, Great Content! Keep It Up 👍
Great stuff. Love the stories and content 🔥🔥
I am right in searching stage and I think I found just the right lease. Great timing for this content Patrick. Cheers
Loved the last story where offices were exchanged . Thanks VT.
Still one of the most useful vids by Valuetainment! Awesome
Hey Patrick, love the content and this one was spot on the money. This is exactly the position I'm in right now as I'm about to aquire a space for my business. Here is what's going on right now. The space is a brand new building and in the heart of downtown where all the cruises arrive. The building is designed purely to provide different sources of entertainment. Thing is we would be the first company to open and not knowing how soon others will open is it fair to request additional free months while we wait for other supporting entertainment businesses to open on sight. I have faith my business will survive on its own but my legal team thinks it can be negotiated in a way that they could maybe approve that as well.
Unless you get a tenant representative who is paid by you and incentivised by the savings he/she can generate for you, ie: the tenant representative gets a percentage of the difference between the value of the landlord's initial offer and the value of the final offer.
🤗👍You are simply owesome!! I was in the middle of looking to lease comercial space to open small coffee shop...this video is helpful, now I know what to expect and I'll make educated decisions.
So Thank you!! From Damascus Md.
wow, impressive knowledge. sorry for your loss though. cannot feel good.
School was in session - Thanks!
This will help me get the best possible lease in the future
It’s so sad that people don’t see this ! I wish we would get taught this is college .. I’m mind blown!
under fucking rated im trying to find a industrial property so i could wrap cars and this video helped out so much
My friend just ask me this question a while ago and then suddenly your video came into my notification...Hahaha Cheers Pat!!!,.Thanks Man!!.On point as always.
Looking to start my own business, super informational and helpful. So much great stuff.
Mister Pat You're My Mentor I'm from Sudan and I've just Started to Developing Software
that's fix problems that we've in my Country You're My Mentor and I learn a lot from your
Channel , So please Upload a video about the uncertainty of startup and problems the each startup face .
You guys should make a video on creating and presenting to investor(s) a killer business plan for a start up!
Lot of examples, which is great.
One stop shop modules for Entrepreneurs!
awesome pat....
thanku so much for all your support....
love you!!!
Very informative really appreciate it. In Dfw also!
I really like Patrick how you are very Straight up and not afraid to put people on blast! Keep doing it🥊🥊🥊
I’m 2. Thank you for the video!
you gave the story because you're a genius. great video
Thanks Patrick!
Was thinking about renting an office..Thanks for this video
Thank you so much, really helpful for future lease deals. There was so much I didn't know!
+Astha Goel 💪🏽
The country I am living in has different rules, but I learned alot.
thank you very much Patrick... I am lookig for office space to set up my first physical location. You've just informed me how the broker has been exploiting my naivety!! God bless you 100 times more!!
I like this knowledgeable information. I'm assuming it's the same for retail space. Here in St. Louis, MO...everything is NNN...there are loads of vacant space here and folks owners are so greedy that most are not willing to work with startups. Examples: worn down retail fronts sitting for years and they want top market rent/lease and not willing to make repairs, etc.
Sad. Oh and popup stores has yet to catch on here in St. Louis.
Omg, I live here too but I am going back to Atlanta. I am having the same issue. I just need a small office and I can't find one. They are just large spaces, which are very expensive. Small businesses are kind of ignored here.
-How can I negotiate a building that is a 5 year lease minimum I only want 1 year or 2 , it is also triple net service
Very articulate and helpful. Thank you sir!
GOLD!
one more thing how can you tell if an office space /estate is public or private?
Thank you
This is EXACTLY what I was looking for
Thanks lot for this video!
Very helpful, thanks
I recommend the book by Alan M. di Sciuglo on commercial real estate leases.
Really intesresting, It's good to have this information just in case I need it in the future.
These gosh darn Tai Lopez ads!!!!!
CAPITAL SOLUTIONS Tai Lopez trying to steal Valuetainments subscribers.. but No way! We loyal to Patrick!🥊🥊🥊
I've never seen Patrick on an ad!! So many of these so called guru's on youtube are scams. Patrick is one of the only legit guys I see on this site.
I disagree with you. Tai Lopez and all this guys are Not scams. Even Patrick knows this. They bring Value. They just charge for it. However Patrick brings more value and its Free..
You're right, I shouldn't call them scams, but some of these people are charging $500 for their exclusive online courses. I'm sure they do bring some value, and I suppose they are smart for including Lamborghini's and mansions in their videos, but it's just not anything I would buy. You can find almost anything for free on the internet.
adblock plus
You the man Patrick . Love the videos
Thank you so much, you did a great job and you have opened my eyes on how to prepare my self.
Thank you 🙏🙏🙏
Great value today Patrick. Thank you.
Good video. Will use before I sign any lease.
man you guys upload so fast i can barely keep up lol shared
Amazing video thank you.
Thank you @patrickbetdavid and #Valuetainment. This will definitely come in handy when we decide to move into our own space. Some solid advice as always. #NotificationSquad
Wow. Great video.
Great Video Pat!
Really informative and relevant video!
rent 4 types
single net-rare landlord pays entire expenses taxes water etc.
double net-u only pay taxes and insurance
triple net-u only pay taxes insurance and maintance
???full service gross only 1 check for everything
if u have bad credit use a sub lease to pay
amazing Pat! as always
Great Insight.
Thanks!
Jared is the Founder of CZcams!
Love you Pat and Valuetainment
+AYG POP Lyrics much 💜
Love you
Thank you for making this simple
great video.........thank u
Nice suit pat.
Great video Pat and you really looking good in a suit.
+Hamza Amin thanks
That suit was on point ! 🔥
PAT..You should probably sue CZcams for showing Tai lopez ads on your videos... Its like watching a honda ad on a BMW i8 video
This wasn’t my first click, but it was definitely the fastest.
Great content, very appreciative
Thank Pat
ask what percentage of office space is being used know that is 90 percent theyre fine but
30 percent they need tou to maximize profit
cutthroat if ur public they only want money they dont care but privately is better they understand better
●educate ur client●
tell them why its overpriced etc.
if broker is annoying u can deal with ceo etc. and make it easier for them
u can use other people if ur asking for good deal if theyre stubborn
u can also trade office spaces if u want
never get a deal broken get creative
thank you so much