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"I Own a Shopping Center, Now What?" Podcast | Episode 11: What to do When Your Tenant Wants a Rent Reduction

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Manage episode 432123842 series 1746302
Content provided by Beth Azor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Beth Azor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In Episode 11 of "I Own A Shopping Center. Now What?", Beth Azor tackles the topic of tenants requesting rent assistance. With a population boom in South Florida, such requests are rare, but Beth shares her advice for landlords who do encounter this issue.

Beth emphasizes the importance of understanding the tenant's business. She advises landlords to request a rental assessment application, including a credit check, sales data, and a detailed plan for using the assistance. This process often deters casual requests.

For those tenants who do complete the application, Beth suggests ensuring they have a clear plan to increase sales. She prefers reimbursing specific business expenses like advertising, rather than simply reducing rent.

Tune in for Beth's insights and practical advice on managing tenant relationships and keeping shopping centers thriving.

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

#CommercialRealEstateInvesting #BethAzor #RealEstatePodcast

  continue reading

210 episodes

Artwork
iconShare
 
Manage episode 432123842 series 1746302
Content provided by Beth Azor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Beth Azor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In Episode 11 of "I Own A Shopping Center. Now What?", Beth Azor tackles the topic of tenants requesting rent assistance. With a population boom in South Florida, such requests are rare, but Beth shares her advice for landlords who do encounter this issue.

Beth emphasizes the importance of understanding the tenant's business. She advises landlords to request a rental assessment application, including a credit check, sales data, and a detailed plan for using the assistance. This process often deters casual requests.

For those tenants who do complete the application, Beth suggests ensuring they have a clear plan to increase sales. She prefers reimbursing specific business expenses like advertising, rather than simply reducing rent.

Tune in for Beth's insights and practical advice on managing tenant relationships and keeping shopping centers thriving.

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

#CommercialRealEstateInvesting #BethAzor #RealEstatePodcast

  continue reading

210 episodes

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