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briancrps

posts: 3

Sep 13, 2007 5:12 PM ET    Quote  Report Abuse
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This forum would be for all of those who are in a need to rent a space, wether it be an office or space in a shopping center.  Often times you just need to get out of the house so that you can focus, and you just need a single room.  You have questions and so where do you go?

You can post in here to ask questions about how to lease a space and where to look for space.  Also find out about what is normal for a Landlord to ask, and what you can get away with asking for.

MNGrillGuy

posts: 236

Sep 13, 2007 5:31 PM ET    Quote  Report Abuse
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Can a person rent wharehouse space?  Something with a dock and use of forklift?  That would be great for homepreneurs that need room and don`t have a big house or big garage.

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Travis Tschepen
Hibachi Bros. LLC

--My goal in life is to be as good of a person my dog already thinks I am.--
briancrps

posts: 3

Sep 13, 2007 5:50 PM ET    Quote  Report Abuse
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Yes,

Often times you will find warehouse space, which is generally the cheapest space, where there is a small office at the front and the warehouse space in behind it.  Generally the office part will have AC and heat and the warehouse won`t.

MNGrillGuy

posts: 236

Sep 14, 2007 9:46 AM ET    Quote  Report Abuse
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I was thinking of a shared space.  4 or 5 people renting wharehouse storage.  I`ve only seen the standard leasing of space, not shared space.  A great business opportunity! 

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Travis Tschepen
Hibachi Bros. LLC

--My goal in life is to be as good of a person my dog already thinks I am.--
briancrps

posts: 3

Sep 14, 2007 2:15 PM ET    Quote  Report Abuse
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There are a few problems that you will run into on something like that:

Landlord will require someone to be responsible for the entire lease.  You will first have to find someone to take responsibility for the whole space and that person will still be required to pay the entire amount even if the others don`t pay him.  Also the others will need to have confidence that when they pay him that he will pay the rent.  If he does not pay and locks you out those that are renting from him will have no rights. 

Now if there are a group of people that are all friends and trust each other it could work out well.  You will want to make sure that the landlord is aware of this otherwise he could site you on the "no subleasing without Landlord approval" clause in the Lease.

My opinion on your best bet to make this happen is to look at older properties.  Usually older properties tend to be willing to do different things.  Newer properties usually aren`t willing to do anything other than the standards.  You also might be able to find a small warehouse that you can handle on your own or just for two of you.

You also need to be aware of that if you are sharing space with other that you are holding merchandise, that people will accuse other of taking some of their merchandise when it goes missing.  Someone else might have an employee that comes and gets their stock but is not the most trustworthy.  Basically you need to have the trust in the others that you are sharing space with.

Also, don`t rule out office space.  Sometimes you can find some small cheap ugly office space that will work just as well. 

Sorry for rambling on, but having been in property management for over 10 years I have seen these things cause problems, but I have also seen them work out.  Recently I even stopped two people from doing one as they didn`t know each other but were trying to get a better rent.  Turns out this one went south so it was good that I stopped them from renting together.

Brian

MNGrillGuy

posts: 236

Sep 14, 2007 3:09 PM ET    Quote  Report Abuse
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Great comments.  All good points. 

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Travis Tschepen
Hibachi Bros. LLC

--My goal in life is to be as good of a person my dog already thinks I am.--
nevadascul

posts: 651

Sep 14, 2007 6:48 PM ET    Quote  Report Abuse
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Hi all,

Another alternative is to least space in an existing warehouse belonging to another company.  A company I worked for had extra warehousing space and least it out to various companies.  The companies we leased to received their customer orders and faxed them onto us.  We then pulled, packed and ship their orders out of their inventory they had in our warehouse.  We then faxed the shipping conformation back to the companies.  Once a month a rep from the other companies would arrive and inventory their product.  They would then have a restock order sent to us.  Monetarily, it helped them and us.   

 

You can also go to a commercial real estate broker and see what type of office/warehousing spaces are available.  But, make sure you have an attorney review the document to see specifically what you are leasing and what fees you actually have to pay above the lease agreement.  Commercial lease can be very tricky.  Some of the things you want to pay lose attention to are who is responsible for maintenance (both inside and out), are there grounds keeper fees, marquee fees, etc.

 



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The older we get, the more excuses we make for not chasing after our dreams. But truth is, goals are attainable at any age.
WebDaemon

posts: 13

Jul 04, 2008 3:26 AM ET    Quote  Report Abuse
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You have made some very valid points.  However, the "renters" can get around that problem by forming either a Company or an LLC. They can have the LLC or corp. rent the space and pay all the bills. All issues encountered from that end will fall upon the Company, and if it is equally held then all parties have a say in what goes on.


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If your looking for Apple iPhone`s, Nokia N95`s, or HDMI Cables. Contact me.
ellislee

posts: 5

Dec 17, 2011 1:47 AM ET    Quote  Report Abuse
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Real Estate is a one of the best business in the recent time. Real estate is a divided into two part, first is residential real estate and second is commercial real estate



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richmond houses for sale
isaiahsparrow

posts: 5

Dec 21, 2011 1:20 AM ET    Quote  Report Abuse
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Real estate is a one type of the business for purchasing and selling home, office, land and many more and it is very less risky investment



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Reclaimed Wood Floors
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