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[Music] hey welcome to industrial life Im your host Jeff Hein where it is our goal to make you more money now today were talking about advanced lease provisions specifically what were talking about here are clauses that you and your attorney can include in future leases that are going to help you maximize your gains and protect yourself in case something goes wrong so lets get started number one capital improvements at a capital improvements provision now what were talking about here is any big capital of expense parking lots the roof what you can do here is youve the landlord you still pay for this expense like you would normally but then you can build the tenants back by advertising the costs over the useful life of that improvement and you can even amortize it with a market interest rate something like 6% for example so if your new roof costs under grabbed and its useful life is 20 years you can build the tenants back an extra eighty five hundred bucks a year or so for twenty