how is big commercial buildings deals people not paying rent
Looking to get into commercial building maybe a 10 - 18 unit building. How to deal with tenant not. Paying rent and anyone that's owns a building of this kinda what are the expense. Is it better to buy multiple houses or to buy 1 big building for rent purpose please explain thanks
[{"id": "i9tiq2x", "text": "If your tenant is not paying rent, you evict them. Read the default clause in your lease to see what notices are required to be sent to the tenant. How time-consuming and costly the eviction process is depends on your jurisdiction.\n\nYour second question is completely dependent on person preference. What is your experience with real estate? Corporate tenants will tear inexperienced landlords apart if it suits them.", "replies": [{"id": "i9tl8ma", "text": "&gt;Corporate tenants will tear inexperienced landlords apart if it suits them.\n\nThis right here.", "replies": [{"id": "i9uqq8r", "text": "Corporate tenants tend to pay, only corporate tenant I have that pays late is Anderson financial(LoanMax).", "replies": [{"id": "i9vavpq", "text": "It isn\u2019t about non-payment. It\u2019s about concessions any and everywhere, and terms that, should shit hit the fan, will ALWAYS favor the National tenant over you the small landlord.", "replies": [{"id": "i9vcrun", "text": "force majeure clause?", "replies": [], "depth": 5}], "depth": 4}, {"id": "ibrhc76", "text": "I used to work in commercial real estate on the property management side.  National tenants were always the best payers. I remember Payless Shoes closed one of their stores in the building I managed, there were two years left on the lease.  They paid every month on time.  They didn\u2019t complain they had to shut the store down so they shouldn\u2019t have to pay rent.  A contract is a contract and they kept their end of the deal.  We also had Home Depots, Walmarts, etc.  National stores were always the best to work with.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]