Archive: January, 2018

30

Jan2018

Definitions: Tenant

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“Tenant” refers to a company or individual that leases space from an owner/landlord. Usually money is paid as rent however, sometimes the landlord will make a trade. For instance, a CPA might lease a single office from a manufacturing company in exchange for doing the landlord’s taxes. The space could ... Read More
January 30, 2018Lynn Drake

26

Jan2018
Calculating Rent in California $16.00 s.f./year/12 months = $1.33/month/square foot $1.33/s.f./month x 5,000 s.f. = $6,650/month  
January 26, 2018Lynn Drake

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Jan2018
Calculating Rent/month 5,000 s.f. x $20.00/s.f. = $100,000 / 12 months = $8,333 per month      
January 22, 2018Lynn Drake

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Jan2018

Definition: RENT

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Rent is defined as “consideration paid for the occupancy and use of real property.” This is a general term covering any consideration, not just money.  
January 19, 2018Lynn Drake

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Jan2018

AVOIDABLE CRM MISTAKES

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I often see mistakes businesses make when leasing commercial real estate. Throughout 2018 I’ll share with you some things that are easily correctable, and others that have costly consequences. I learned a valuable lesson a few years ago, when I had my furniture vendor make the furniture for our offices. ... Read More
January 17, 2018Lynn Drake

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Jan2018
Do You Speak Lease available online through TrueNorthPublishing.US
January 12, 2018Lynn Drake

11

Jan2018

MISTAKES: Definition

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Meet my dog Rocky. He loves people, but doesn’t’t like to be referred to as a sheep dog. Because he isn’t one. Rocky wants people to know he is a Aussie-doodle. What does that mean? His mother was a standard Poodle and his father was an Australian Shepard. He believes ... Read More
January 11, 2018Lynn Drake

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Jan2018

Math Problem

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I was a terrible math student. How and why I ever decided to get a degree in accounting is a mystery to me! One of the first jobs I had after graduation was working for a plant that sold steel. My job, (I can’t believe I ever did this!) was ... Read More
January 9, 2018Lynn Drake