Ep 54 – Commercial Property Lease Agreement Lessons & Mistakes To Avoid with Steve Palise

Dive deep into the world of lease agreement due diligence with Steve as he unveils the essential documents and insights needed to evaluate commercial leases effectively. In this episode, we explore the intricacies of lease review and the common traps investors must avoid when assessing the value of commercial properties.

📑 Gain invaluable knowledge as Steve shares a comprehensive list of documents you need to check when reviewing a commercial lease. From lease agreements to addendums and disclosures, we leave no stone unturned in our quest for due diligence excellence.

🔍 Discover how to navigate lease reviews both independently and with the guidance of a solicitor, learning what to look for and common pitfalls to avoid. We’ll provide expert insights into valuing commercial properties accurately and mitigating risks associated with lease agreements.

🤝 Explore the different types of guarantors involved in commercial property leases and the key considerations for selecting the right guarantor. Understand the importance of robust guarantor agreements in protecting your investment interests.

😱 Delve into real-life horror stories shared by Steve, highlighting the costly consequences of overlooking critical information during lease agreement due diligence. Gain valuable lessons from these cautionary tales to safeguard your investment endeavors.

Tune in for an enlightening discussion that empowers commercial property investors with the knowledge and tools needed to master lease agreement due diligence. Whether you’re a seasoned investor or new to the game, this episode offers invaluable insights for maximizing your investment success. 🌟🏢💼

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Episode Highlights

  • Steve shares all the documents you need to check when reviewing a lease.
  • We discuss how to review a lease yourself and with a solicitor and things you should be looking out for that are common traps when valuing the value of a commercial property.
  • The different types of guarantors a commercial property should have and what you should be looking for in a guarantor.
  • Steve shares some horror stories which are great examples of how people have been burnt by missing information during lease agreement due diligence.
  • The different types of guarantors a commercial property should have and what you should be looking for in a guarantor.

About The Hosts

Sam Powell is a qualified property investment advisor and a property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

About The Guest

Steve Palise is one of Australia’s leading residential and commercial property buyers agents. Steve was able to leave his 9-5 with the property portfolio he built and is now a podcaster, author and success agent for many Australian’s who want to replace their income by investing in property.

To get one or both Steve’s book for Free (shipping only) use the code ‘PROPERTYPALS’ https://www.paliseproperty.com/commercial-book 



The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.


Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

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