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WHAT YOU NEED TO KNOW BEFORE LEASING YOUR FIRST COMMERCIAL SPACE FOR YOUR BUSINESS

  Рет қаралды 83,838

Credit Card Wars

Credit Card Wars

Күн бұрын

First time leasing a commercial space for your business? With Vu's years of experience. He shares tips on what you need to know
before you start signing up.
#creditcardwars
www.creditcard...
/ @creditcardwars
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Пікірлер: 96
@roserainbird2365
@roserainbird2365 Жыл бұрын
I am that person that read the price per square foot, read the size of the warehouse in square foot and thought that was my final price other than electric 😂 thank you so much for this, I need to be realistic with growing my business and this was a huge help
@sonyafmoore
@sonyafmoore Жыл бұрын
Thank you for sharing this information on commercial space. There is a lot that goes into it. You were very clear and explained step by step.
@CreditCardWars
@CreditCardWars Жыл бұрын
Glad it was helpful!
@fatimagray4604
@fatimagray4604 Жыл бұрын
Thanks I was just considering opening up a business and I thought I was ok only going to pay $650.00 but now that I know about the extras fee I'm going to wait on renting, thank you for the heads up
@jordanp8063
@jordanp8063 4 жыл бұрын
"They want commitment, like marriage. They're going to expect 3-5 years." Yep, sounds like the modern definition of "commitment".
@billionairestatus539
@billionairestatus539 2 жыл бұрын
Not in the pandemic they're not please the spaces that I've been renting they always say to me what what do you want you can do my 2 month you can do 6 months to a year it's up to you you don't have to take what they offer everything is negotiable
@kadinsmomma07
@kadinsmomma07 2 жыл бұрын
"You need to get out of your house, because your toddler is ripping up your business". I felt that!!! There are currently packing peanuts and empty little storage drawers on my office floor. 🙃
@ecclairmayo4153
@ecclairmayo4153 4 жыл бұрын
Thank you for explaining this, I enjoy educating myself as much as possible. This video was really helpful :)
@mukbangyesplease4905
@mukbangyesplease4905 Жыл бұрын
This was excellent detailed information. Thank you
@laurabenigno5720
@laurabenigno5720 4 жыл бұрын
This is so helpful. Thank you!
@CreditCardWars
@CreditCardWars 4 жыл бұрын
Glad it was helpful!
@ArcWelder588
@ArcWelder588 Жыл бұрын
I am looking for a place to lease to START a business. I don't have the last two years' tax return. Thanks for the info though.
@BistoII
@BistoII 4 жыл бұрын
Should u look for ur own agent to go negotiate with their agent?
@BlackHairandSkinCare
@BlackHairandSkinCare 4 жыл бұрын
I am looking to buy a commercial space for my company’s Warehouse... thanks for this awesome information ♥️
@Ozgipsy
@Ozgipsy 7 ай бұрын
Man, KZfaq solves all of my problems.
@organize1979
@organize1979 4 жыл бұрын
I appreciate all the good info and perfect pace of this video...I didn't have to rewind once to understand anything! Quick question if you have time: in your opinion, what is the commercial real estate market going to look like in the wake of Covid?
@nutshellexplains8076
@nutshellexplains8076 4 жыл бұрын
Perfect video for a new entrepreneur
@CreditCardWars
@CreditCardWars 3 жыл бұрын
Appreciate that.
@nutshellexplains8076
@nutshellexplains8076 3 жыл бұрын
@@CreditCardWars 👍
@thailandthomas9185
@thailandthomas9185 4 жыл бұрын
Ive been trying to find a place for 2 years, I live in Wooster ohio, a 900 sqft store is $3500 a month, rediculous, no small businesses can survive in this town.
@msbeautyboss3784
@msbeautyboss3784 4 жыл бұрын
I live in Ohio. Have you tried to look for space in Massillon, o Canton, or Akron?
@thailandthomas9185
@thailandthomas9185 4 жыл бұрын
@@msbeautyboss3784 no, kind of defeats the purpose of long distance from home
@thailandthomas9185
@thailandthomas9185 4 жыл бұрын
@@CreditCardWars to open a thrift store
@summitsatellite7852
@summitsatellite7852 4 жыл бұрын
Wow it’s $2,072 in Houston,Tx for the same sq
@thailandthomas9185
@thailandthomas9185 4 жыл бұрын
@@summitsatellite7852 this is only a town of 30,000 people with rich people running it/
@JoeSmith-gi1lf
@JoeSmith-gi1lf 3 жыл бұрын
Thanks for simplifying that process. I never would have known
@xenoboss8487
@xenoboss8487 5 жыл бұрын
Best video on the topic thank god for this vieo
@kayots
@kayots 3 жыл бұрын
Im confused. What about that other 900 sq ft? What can be done in shell space. If I want a warehouse for creating and packaging my items thats 1000 sq ft and Im not interested in office space then what route do I take
@MM-bw3uf
@MM-bw3uf 4 жыл бұрын
This was very informative! Thanks for sharing!
@ThanhPhan-wb7vr
@ThanhPhan-wb7vr 10 ай бұрын
Thanks brother !
@trzagor2769
@trzagor2769 10 ай бұрын
the price of warehouses are very cheap in America compare to UK.
@stardommansion6773
@stardommansion6773 4 жыл бұрын
LEASE SQUARE FEET TAXES, LANDSCAPING, INSURANCE, ELECTRICITY, GAS, GARBAGE, WATER/SEWER BUSINESS TAX RETURNS COMMERCIAL REALTOR
@CreditCardWars
@CreditCardWars 3 жыл бұрын
Lots of things to think about.
@devonhenry6927
@devonhenry6927 3 жыл бұрын
Very helpful
@CreditCardWars
@CreditCardWars 3 жыл бұрын
Glad you think so!
@rosariosprings5098
@rosariosprings5098 4 жыл бұрын
Thank you! would love to see a video with more in detail information !
@hudsonbarnes3156
@hudsonbarnes3156 2 жыл бұрын
awesome information, thank you!
@Monster33336
@Monster33336 4 жыл бұрын
I'll pass haha. 😀 What I can assure the property owner is renovating the space at my expense. I use 2 major machinery equipment, not including paper shredder etc. Most of the products come prepared but others we produce.
@CreditCardWars
@CreditCardWars 4 жыл бұрын
If you don't need your own place then you're in good shape!
@AK47375
@AK47375 8 ай бұрын
Best website to find a commercial realtor??
@vgman94
@vgman94 3 жыл бұрын
I’m here from the wrong end, lol. Looking for videos on owning property to lease to businesses.
@PacificMoldDesign
@PacificMoldDesign 4 жыл бұрын
Great overview! Thanks🖤
@CreditCardWars
@CreditCardWars 4 жыл бұрын
Thanks for watching!
@angellorenzoa
@angellorenzoa 4 жыл бұрын
Hello. Thanks for the video. Do you think that commercial property price is going to decrease? Seeing that we are in a lockdown? What are your thoughts.
@thefuzzypineapple
@thefuzzypineapple 5 жыл бұрын
Will they need a year's rent or just the 1st month? I would like to open a shop but I'm still in the funding stage with a fairly poor credit score. I know I can make the rent but am concerned about the initial financing.
@carmenflowers7175
@carmenflowers7175 3 жыл бұрын
thank you for explanation I noticed that $ 825.00 + $25 is $850.00 NOT $950.00
@PhatChewbacca
@PhatChewbacca 3 жыл бұрын
I’m glad someone else saw this too 😂
@davinciway3288
@davinciway3288 Жыл бұрын
He added 25$ 3 times for years how he got $75 which totals to 950$
@warehouseinvestment
@warehouseinvestment Жыл бұрын
Good work sir 👍
@whatcoloristhematrix2209
@whatcoloristhematrix2209 3 жыл бұрын
How does the triple Net impact tax deductions?
@alecfleming373
@alecfleming373 3 жыл бұрын
So, this sounds nuts, but I have a plan, but I am looking for holes in this plan... So I have been living in my car having a really hard time with employment and theft in California for over 2 years. My taxes are coming and it's the covid money the government owes me... So I am looking to rent a garage type space, to then use to ether fix and flip cars or make something in demand, all depends. But my thinking is work so hard that sleeping there is justifiable. However, we both know that's pushing it. So option #2 is renting a house, but the cost is out of reach. Ideas?
@40EntrepreneurDrive
@40EntrepreneurDrive 3 жыл бұрын
How do people make a profit with all of these costs?😱
@cweathersby
@cweathersby Жыл бұрын
So now that the commercial market is crashing HARD, they are offering more flexible terms..crazy
@CreditCardWars
@CreditCardWars Жыл бұрын
The meltdown has begun.
@cweathersby
@cweathersby Жыл бұрын
@@CreditCardWars works out for me cause I want a warehouse to rent 😅
@jasonbailey2045
@jasonbailey2045 2 жыл бұрын
Thank you for this video, but do you have any information on popup building lease like Halloween Express
@desertcamel3573
@desertcamel3573 5 жыл бұрын
How to rent commerical building for barber shop? What questions to ask? *help
@bl780
@bl780 3 жыл бұрын
Can you please show me as a warehouse owner to rent the space to the tenant? Whats I shpuld be considered to write the commitments on the leasing aggrement? Thanks.
@davidmoore623
@davidmoore623 5 жыл бұрын
Great video.
@swetha2244
@swetha2244 4 жыл бұрын
Helpful video content.
@simbos174
@simbos174 2 жыл бұрын
Liked subscribed
@phongcruise87
@phongcruise87 3 жыл бұрын
Can i rent storage to store goods instead???? Thanks
@richardavila8695
@richardavila8695 6 жыл бұрын
Do I need business license
@theresacoringgray6885
@theresacoringgray6885 2 ай бұрын
Absolutely. I am going through the zoning process now and Orange county Orlando requires I need a business license just simply selling food at a farmers market.....
@ahwuang
@ahwuang 2 жыл бұрын
How much do you gross up your area for lease pls?
@jenreynol1581
@jenreynol1581 5 жыл бұрын
hmm, ive no tax retruns? what do i do.
@bleung2
@bleung2 2 жыл бұрын
Im a landlord for 40Ksqft commercial warehouse and one of the national company want to rent half of my building and what kind of the aggrement i ahould be awared of. It seems these type of the large company have a lot of request and most of the terms are benefit for their company not the landload. So my question is which type of the request i should agree with and which tyoe of the terms i should turn down. Please advise.
@Gorgeousbronze1
@Gorgeousbronze1 4 жыл бұрын
NNN = HOA fees
@CreditCardWars
@CreditCardWars 4 жыл бұрын
That is correct!
@designhub360customapparel
@designhub360customapparel 4 жыл бұрын
Do you need to show tax returns be to rent a small office?
@designhub360customapparel
@designhub360customapparel 4 жыл бұрын
@@CreditCardWars Oh ok, thank you.
@healthandfitnesstv4763
@healthandfitnesstv4763 5 жыл бұрын
What do I need to build my own building
@TheCriticalChris
@TheCriticalChris 4 жыл бұрын
Umm, land, in the right location for you!
@treejay818
@treejay818 3 жыл бұрын
Forreals better option
@Rbdettgtr
@Rbdettgtr 4 жыл бұрын
Free electric right?
@CreditCardWars
@CreditCardWars 4 жыл бұрын
You pay for your own electricity.
@jenreynol1581
@jenreynol1581 5 жыл бұрын
will they ask for a cosigner?
@gumtree5368
@gumtree5368 3 жыл бұрын
I want to rent a medium sized warehouse to make a gym
@jajayaboy
@jajayaboy 3 жыл бұрын
Well damn is there a fking cost for oxgen🤦‍♂️
@dyardsale5475
@dyardsale5475 4 жыл бұрын
So you might as well buy another house.
@CreditCardWars
@CreditCardWars 4 жыл бұрын
It's slightly more complicated ...
@dyardsale5475
@dyardsale5475 4 жыл бұрын
@@CreditCardWars Thank you for making the video. There was a lot of good information. The costs are disappointing to someone just starting out or someone on the fence about making that leap. It sounded to me that it would cost about the same to buy a second house and run a company out of it. I know that not every business can be run out of a residential property. I am being more sarcastic than critical.
@Brettk31
@Brettk31 Жыл бұрын
Great content - but the Herky-Jerky camera work is horrible to watch.
@yamabushisama
@yamabushisama 3 жыл бұрын
Grandma can I use your basement
@iderekr3283
@iderekr3283 5 жыл бұрын
$825 + 25 =950?
@RawloftheDead
@RawloftheDead 5 жыл бұрын
he corrected it on the text lol i thought the same. great info devlon
@IsaiahGrassMusic
@IsaiahGrassMusic 3 жыл бұрын
Terrible editing, I had to turn it off, it got me a headache
@iderekr3283
@iderekr3283 5 жыл бұрын
who dose ur math?
@LdRfilmz
@LdRfilmz 5 жыл бұрын
Derek - Who does your spelling? xD
@iderekr3283
@iderekr3283 5 жыл бұрын
@@LdRfilmz so were're even then. Anyways "ur" (your) video is "gr8" (great) my friend.
@dailyways8344
@dailyways8344 4 жыл бұрын
I like how you break it down
@CreditCardWars
@CreditCardWars 4 жыл бұрын
Renting is a big decision.
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