006: How to Lease Your First Commercial Property

LaDonna Smiley


What you’ll learn from this episode:

  • What to look for when choosing a storefront

  • What to do if your store-front is closed because of COVID-19

  • How you get a storefront if you buy a franchise

  • How to keep competitors from opening near your business

  • The C.A.M. explained and why it’s important to your leasing

  • How to choose a commercial agent

  • Why you need an inspector and their role in your lease

  • How much money you need saved before you lease

  • What to do if you can no longer afford your space

  • One strategy to put in your lease to have the opportunity to buy the building

BIO

Donna Smiley is a Commercial Real Estate Advisor in the Metro Atlanta and Miami area. Her specialty is Tenant & Landlord Representation in Office, Retail and Industrial. Prior to getting her real estate license, she was a successful real estate investor. Because of that career it allowed her bring her creative negotiation skills to real estate transactions. She is a member of the Atlanta Commercial Board of Realtors and the National Association of Realtors.

Website: https://commercialrehelp.com/

Instagram: @Donnasellscre

Facebook: @Donnasellscre

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007: How to Screen Tenants with TenantAlert.com

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005: How to Use the BRRRR Method to Create a Multimillion Dollar Real Estate Business