Discover how to use this powerful tool to structure your own deals by applying to be my next protege: www.commercialpropertyadvisors.com/protege-program

I started watching this video and was really confused. I didn't see him driving around in a Rolls Royce, or stepping into a helicopter to fly to Palm Springs. Instead, I saw someone competent and credible. Thanks for that.

your a great teacher, clear, concise and fully disclosed all info..

Hi Peter, great series! I've watched several videos this weekend. I even ordered your book. Thanks for providing the e-book for FREE! You've provided the mind shift I needed to move forward in real estate. I'm a creative person, I've never been exposed to alternative options to owning homes and property. I have the confidence now, I will own commercial real estate. I read through the comments and I saw several individuals ask for your master lease agreement, this was my same question. I can only assume you do not distribute it freely. I will do a search and use some resources to see if I can get my hands on one to get a greater understanding of how to begin to structure one. It truly does require a lot of knowledge about the property, loan, and owner to be able to present something favorable for both parties. I will continue to watch CPA videos. Thank you! This information gave me motivation! Good luck with starting your school for disadvantage youth. I wish, I received more information about finances, investing, and real estate growing up. Now, I must pay it forward.

Sir, I think that this series is awesome! Thank you so much for sharing this information. I have been a student of the academics of business as both a technology entrepreneur and as a record producer. I have been to business school and I am a heavy reader . This is the most honest, direct and transformative presentation EVER . Thank you.

I had no idea about the Empire State building. Fascinating!

I'm looking to move my business into a permanent location. Getting a bank loan won't be too hard since the mortgage payment will actually be less than what I'm paying in rent now. However, the Master Lease Agreement seems like a better idea since it won't have much impact on my cash flow. I can keep growing the business without wasting so much on a down payment. This video is a real eye opener! Thank you!

Peter, you are a fantastic educator. Love the simplicity of your videos. Glad to have you as a resource.

Thank you for the clear and honest explanations. I have been looking to invest in multi-family property for a while. Your clips have been very helpful. Credible and knowledgeable! You're the man!

This is my favorite youtube channel. So helpful! I do wonder about the specifics of the master lease and how it all comes together. I would love to see a financial case study with purchase price, terms, monthly payment, down payment (if any) and ultimate outcome.

love your lessons. thanks for being part of the youtube learning experience!

Thank you, Peter! You're a great Teacher!

Peter, awesome content, thank you. I'm looking forward to that video you mentioned in your padcast, how to manage the manager, especially for Apartments.

Thank you so much man your video was super boss, before watching this video I had only heard about a master lease once and didn't know what it was, now I feel much more confident going out into the field and actually putting deals together with master leases. Thank you so much! - Fortune, CEO, F Estate Investments Inc.

Thank you! This was very useful, I already knew some of this and have used it in residential real estate investments. Now I need to lear a little more to go commercial.

Thank you Peter, I look forward to working with you and your team.

This video is gold!!! Thank you so much!!!

Wow, grate stuff! I thought it was going to be complicated, but you made it simple.

This is great information...Keep teaching and I will keep learning.....Thank you for your time and support for people that want to make a change in their life. I am a NOVICE just getting started. There is a saying "When the student is ready the teacher will appear. Thank you again...

I know two different people that did this here in Orange County CA. They did and do FANTASTIC, the only people crying are the original owner taking such small small payments.

In 2022 getting knowledge from Peter. It only takes one deal to change your life!

Great video. Detailed and accurate. Thank you.

GREAT video!!!! Thanks for the brilliant education guys :)

Hi Peter. You are true master piece. Thanks

alright? okay let's get started, okay. love it, subbed

Hello Peter: Really enjoyed this PRESENTATION as I am now at the edge of getting into a deal for 20 UNITS. Your basic guidelines are what I need to temper my enthusiasm as I dream of 'what can be'. Perhaps I'll do the deal, perhaps not. What is important is that I realize how much I need to learn and that the 5+ buildings are different that owning a bunch of houses.

Excellent advice. Thank you!

I love this guy. Simple and clear. I want to join his mentorship team.

*Mindset Is Everything!* As the Chinese Philosopher, Confucius, said, *”He Who Says He CAN & He Who Says He CAN’T Are Both Right.”* Also love President Trump’s early 2000’s book, co-authored with Bill Zanker, *”Think BIG & Kick Ass In Business & Life”* 💪🏽 👑 🤝🏢 🏦

Great video!! Thanks Peter!

Helpful, thank you!

Thank you for sharing this, Peter!!

I love the Master Lease Agreement and have not even used it, not yet at least.

Just subscribed, this is good...such a great teacher with lots of info for beginners🔥🔥🔥🔥🔥

Thanks for sharing this!

Excellent information. I'm looking to purchase a self storage business and this is my ticket.

I love this training Peter. Thank you. ❤❤🎉🎉🎉🎉

Great video, do you have recommendations on due diligence and determining the best length of an MLA?

Hi Peter I liked your presentation and it is very informative.

I have a question, at lease a significant percentage of these properties are listed with a real estate agent, even though this is not technically a sale how are the broker commissions handled?

As a thank you for competent honest info I have bought your book.

Awesome video! Just the information I was looking for and i plan on going to pick both books mention here. Do you have any tips on where to start looking for these types of properties?

Thanks for the great video and information.

How do you make sure the Seller will actually take the money to pay down the mortgage's principal and interest? Thanks in advance!

Who pays for the improvements? I've been told you can structure it so that the seller uses their cash from the property to do the improvements you see fit

I do believe this is also what Larry Silverstein had with the WTC. A new lease was signed right before 9-11-2001.

Your videos are amazing! I’m ready to get off the fence

Thank you!

Very helpful thanks! where do I get a copy or sample of the master lease? who write it btw? if the business is not going well after the master lease period, can I say no to buy it? thanks

Could I use the Master Lease Agreement to get lets say a year or so on a single tenant commercial then find a NNN Tenant buyer and collect the difference?

Hi Peter, Could you tell me how I can have a copy of your master lease? Or Are you able to assist me to instruct the master lease for a fee? Thank you!

refreshing!!!

This is such a great video thank you. You also mentioned where you can search properties that are in default or late on the property taxes. This is a good sign they will be willing to do a master lease. Another question wouldn't the seller want a down payment of any sort.? If so what amount would make sense?

I'm learning a lot from you Thank you🎉😊

Great video but curious how you make sure seller is making payments to the bank. If they stop making payments; wouldn’t we be at risk of losing the property to the bank (or whoever is in first lien position)? Thanks for the help. What other risks are there with this strategy? Sounds almost too good to be true!! Thanks.

Thank you sir.

Thank you for sharing your wealth of knowledge

GREAT VID

This sounds like a master lease with an option to purchase? I did not know that you could recoup the forced equity from a master lease alone. Very interesting

i like this guy.

Thank you for this great information

Greetings Peter! Thanks much for this enlightenment! What next steps shall my partner and I execute to move forward on accessing your MLA doc, and receiving further instructions for meticulously curating and structuring our first deal? Thanks much!

In a master lease is there a % of the current rent they is being collected to determine what the payment would be? Thank you

Great! But you would miss out on cash out refinancing, but there are plenty of benefits with this too!

If you have an existing property that you want to do a 1031 exchange into an apartment building, does an MLA satisfy those rules or no since you don't have ownership of the replacement property until the end of the lease?

Peter, thanks for the explanation on what a MLA is. Is this similar to “Subject To” with residential properties?

Hi Peter great video I learned a lot , I currently own a building and some residential homes , Do you have a copy of a typical master lease so I can write one. Thanks

Good morning Mr Harris. Thank you for the information that you've presented. I know that it is relative to commercial properties but I have to ask-- is the master lease agreement concept transferable to home buying? I only ask because I am currently renting my house and I would like to finance it in a creative fashion. Many thanks -Ali

CAn you do a master lease on a free and clear property or does it make more sense to do seller financing 1st mortgage?

Great information. You mentioned getting investors prior to confirming the lease agreement. What upfront costs other than lawyer etc, would you need if you are simply signing a lease agreement. I understand you will need capital as you begin to acquire the property over the term of the lease but that comes later. Thanks for your help.

Are you able to refi the property after a time with the master lease. This will allow one too pay off the seller?

In your example with Joe, what happened at the end of the four-year agreement? The seller's mortgage was paid off. Does that mean the seller still owns it? I'm sure that can't be right, but I didn't follow that part. Can anybody explain?

I am confused. Why does it matter what the seller’s mortgage balance was at the end of the master lease? Isn’t the purchase price set up front? Or did Joe negotiate that a portion of his lease payments would go towards the principal balance of the purchase price?

Hello Peter, great video and thank you. How do you manage the Master Lease if the seller have other loans on the property that he is paying and he wants to get rid of them? Thank you.

I hear the solutions but not specific details how to solve the sellers problems. HOW exactly are you going to fill vacancies? For someone new to this investing strategy with no money, how exactly will they take care of the rehab? Will that person have to do the rehab themselves or pay someone else to do rehab? If so, with what money? Just curious. I'm interested in doing this too.

Is there risk of mortgage co. calling in the loan of they find out about the master lease?

Are points 4 and 5 compatible with a progressive purchase over three years ?

Can a master lease be used for land? For example, i get a master lease on a retail pad site and then ground else it to a fast food restaurant. Would it be possible for the fast food franchisee to get construction financing to build his restaurant even thought the property is on a master lease?

What protections does a Master Lease offer the buyer if they are making payments to the seller, but the seller is not actually making loan payments to the bank? Should the buyer send payments directly to the lender and then the balance (if any) to the seller.

. You're an excellent teacher. I have my eyes on a mobile home park with a hundred spaces but only has 18 mobile homes on it currently owned by the tenants. All utilities are put in and everything is ready to go pads, roads, sewers all sound. I was thinking do a master lease option buy some mobile homes and sell the mobile homes on financing. Do you think this would work? Some people on BiggerPockets said it's dangerous. My only problem is he probably only has $37,000 net at a seven cap = 540k and he's asking $890,000 what would you do? Adding five homes to the property a $300 lot rent would make the property worth 828k. What would the lease payment be?

awesome info.do you guys have a master lease doc that can be used or tweaked for mass.

Thanks for the great video. Very educational. But at 6:47, you said Joe created $800k equity and I don't get why that is the best part of the deal. That equity belonged to the seller, right? At the end of the lease period, when Joe would buy the property at the previously agreed price, the seller would pay off the balance on the mortgage and pocket the equity portion. Did I miss something?

Great topic, Peter! I enjoy watching your videos. Do you know if a Master lease option can be used for acquiring commercial multi-family properties in Ontario, Canada? Thanks a lot!

What happens in the event that the investor/buyer can no longer make the lease payments from failing to stabilize the rents / property? Would the initial owner be able to take back the property / equity?

Hi thank you, for teaching, you, are a good teacher keep up the good work we all appreciate your, help. Remember Matthew 4:7, proverb's 4:27, Hebrew 13:6. Have a good day.

Hi peter. Great video! Have a few questions on the MLA, how much interests apr 3-3.5% should I offer with the monthly payment and how many years on this agreement should i offer 10-15years? Thanks. Mia. .

Does that option come with the deal can the ower decide to not sell.

In my Carlton Sheets course he talked about William Zeckindorf that bought the Empire State Building using creative financing. Good info and now I have to look for part 1 cuz I saw this first 😂

Do I need to become a protégé in order to acquire a MLA template?

What if the buyer sees the property value go up and tries to.refinsnce increasing the mortgage payment?

Can this be used to create a 51% ownership ( or actually 100%) in order to obtain an SBA loan on a self storage facility

Thanks Pete! Can we buy the paperwork?

Can you do a master lease on residential properties?

Peter I want to join your team so far you are the best I know

Could you help with obtaining a master lease agreement template?

How does the lease get paid while we're looking for tenants if we have little or no money to get rolling ?

Who would I go to for a master lease loan officer or property owner

So how do you ensure that the owner is making the mortgage payment, is it paid into an escrow of some type?

Thanks for the video. My question: What if after all the hard work and investment you've put on the property as the buyer, the seller decided to not to sell it to you at the fourth year (as per your example) after noticing that the equity is much higher now after all the hard work you have put into it?

You mentioned hiring a good property manager is important. How do you find a good property manager in NYC?