Easily Hide Formulas from the Landlord'S Consent To Sublease

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How to Hide Formulas from the Landlord'S Consent To Sublease

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okay this is gonna be fun alright welcome back everybody family so if we have any audio issues just send me a text message this is of course a attempting to do better at live stream I wanted to squarely address a couple of concerns slash objections that I hear in the space constantly theres weve got actually got a couple popular videos right now one is some more over 400,000 views right now about how I feel Christmas pardon me you know this Brian page Edie shows up everywhere and Im trying to watch my own live stream with you guys and this Brian page ad pops up you know he doesnt make that much money I think he brags he makes like 300 thousand dollars a year on the non his like portfolio and hes selling a course but anyway lets move on from that because yes our portfolio makes more than two million a year and Ive done this through rentals and a lot of people are like well subletting is illegal one or that landlords wont allow it to those are the main two points that I think we

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How is the break even point calculated for a percentage lease?

The formula is (Gross Sales Natural Break Point x % = Percentage Rent). First you need to establish the Natural Break Point. The Natural Breakpoint is the annual Minimum Base Rent divided by the stated Percentage Rate (6% in this scenario).

How do I not get scammed on sublease?

Sublet Smart and Dont Get Scammed Review your lease and confirm with your owner/landlord that you are allowed to sublet. Ask your property manager if they have resources to assist with finding a subtenant. Check that your subtenant has a copy of the lease, as they are responsible for upholding it as well.

How do you calculate percentage leased?

Heres how to calculate the leased percentage: current number of units occupied + (number of units with signed leases yet to move in) / total number of units * 100%.

What is a consent form of sublease?

A consent to sublease is a document that the landlord and tenant must sign for a tenant to take on a new lease with someone else. This document has specific language outlining who can live at the property, how much rent will be paid, and other details about what types of dwelling units are allowed.

Why might a business owner opt to lease a building rather than purchase it?

The main advantage of leasing a business facility is that your initial outlay of cash to gain the use of an asset is generally less for leasing than it is for purchasing.

How does a percentage lease work?

A percentage lease requires commercial tenants to pay to the landlord a set percentage of gross revenue earned from business conducted at the leased premises. This percentage is added on top of a base rent, but the base will be set lower than it would be on a standard lease, making it attractive to tenants.

How does break even point relate to percentage leases?

The break-even point specifies how much sales must be generated in a month above which a percentage of the sales will be given to the landlord as additional rent. For example, a break-even point of $500,000 means that the landlord will capture a percentage of sales above $500,000.

How do you calculate percentage rent breakpoint?

The Natural Breakpoint is the minimum annual base rent divided by the percentage rent. For example, if the minimum annual base rent is $100,000 per year and the percentage rent is 5%, then the Natural Breakpoint is $2,000,000.

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Hide Formulas from the Landlord'S Consent To Sublease