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yes we do.

we are currently providing parking for a customer for one of his cars $11 per week. All care no responsibility and no insurance cover etc. He was cool with that. I have put a sign on the front fence of the lot stating that storage is available. No takers so far other than the one guy, but...

we are an hour and a half and more depending on traffic from the two major airports here in Melb. If I don't get it for free, we simply stop renting it in the next 5 year term. We will not take up that section of the option - separate lease for each property.

The land is $1500 per month. The building is $2500 per month. That is a significant saving towards paying off debt, and eventually giving me more income, more funds to use for advertising, upgrading and so on.. Yes. But if I can drop the land where I am, this would be enough of a buffer to...

There may not be much left useable equity due to loan on business, credit card, overdraft, loan on IP, investment loan, top-up loan on PPoR build (cost $90k more than we had cash available to build), personal LOC. Our LOC and business CC, and O/Draft are always operating at about 90% drawn...

Thanks for that Tonibell. Where do you source a professional negotiator for a lease? I used a lawyer for the original purchase and lease transaction. He was really good. Would he be the type of person to use?

At the other location - it has been vacant for about a year now. Possibility for a reduced rent offer. They are getting zero income right now. Probably right, but we don't know how desperate they are. There are 3 other little shops in the same complex vacant as well. If they are all the same LL...

I have found another suitable premises about a block away, which is bigger (not a reason for the change) but it has been vacant for ages now, so I thought I could try a very low rent offer which would alleviate some rent cost for me from my current premises Our current premises is very close to...

I would do that if it turned out that I could get the rent down on the other larger place. It is probably easier to negotiate a rent decrease if the property is vacant for a long time, than if you are already the current tenant? The larger place would suit us really well, and we could stay at...

at what stage of the tenant's lease did he announce this?

Most of you know I own a tyre and mechanical business. Next Aug our first 5 year term of lease ends, and we can option for another 5 years (it's a 5x5x5). The rent is one of the major fixed costs - and I would like to decrease it. Has anyone had any experience with offering less rent (as a...