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hi everyone this is Peter Harris from commercial property advisors comm and co-author of this book commercial real estate investing for dummies as well as coach and mentor to many commercial investors all across America the subject and title of todays video is called the master lease agreement for commercial real estate so lets get started the master lease agreement is probably my one of my most favorite ways to buy commercial real estate especially if you have no experience you have no credit you have a very small down payment but most of all you dont want to do banks and it works with apartments with office buildings with with strip centers with mobile home parks it was sub storage so pretty much anything commercial where is income involved the master lease agreement will most likely work one of the most famous master lease deals you ever come across is New Yorks Empire State Building now that building that particular building has a current master leases over a hundred years old