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I put $60k into a small office on South Broadway thinking I could flip the lease, and the broker just laughed at me
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xena_fox396d ago
Man, I used to think commercial leases worked like house flips, buy low, find a tenant, cash out. Then I watched a buddy sit on a spot near Evans for 14 months because the landlord had to approve any sublease and kept saying no. That broker laughing at you is a jerk, but he is laughing because you don't own the lease, you just rent the right to pay rent. Next time get the sublease terms in writing before you put a dime down.
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