To round out a clear understanding of the market, it is genuinely a good idea to get the input from existing tenants in the buildings you are touring.By simply retrieving a roster of the tenants in the building directory or a reverse directory on the internet, make contact with the lead person, manger or owner of a variety size and type companies to discuss all matters that are important to being a tenant.Introduce yourself as a potential tenant. People like to talk and you will learn a great deal about how the HVAC functions, the personality of the building manager, the negotiations they achieved; and just listening to them talk will usually garner information on topics you did not think to ask about. Make good notes from these conversations as some of this information you may likely take to the landlord as part of your negotiations.
It was once discovered from another tenant a building that the building management had a reputation of hiring only the least reliable and indifferent janitorial services company as well was almost always behind in making simple repairs such as public lighting.Snow removal even was inferior.The building once was owned by an excellent and wealthy developer who had sold it to an individual investor who was lackluster in his management and spending money.The broker made certain demands of the owner, to hire a professional janitorial service, to agree to certain specifications for management of the property and attempted to make sure all these were in the lease.Interestingly, the owner’s arrogance said no.So, because the other tenant had revealed this reality, the tenant was able to avoid finding out way too late about the management, and then being dejected as a good paying tenant receiving sub-par service with no recourse.“One thin dime, and invest some time.”In another case, just such conversations revealed items that the landlord eagerly agreed to, which made for a pleasant and honest transaction without surprises.Don’t be bashful in asking about what kind of deal the tenant negotiated or what kind of personality the landlord has for negotiations.
Without asking bold questions, one rarely receives bold information.In exchange, offer to provide him or her with the results of your negotiations or information.If you lease there, you have made a good neighbor (especially if the landlord one day hits either of you with a surprisingly high expense increase).
Nothing contained herein is to be considered legal advice. Always seek legal advice when evaluating any legal document
