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Old 07-30-2021, 12:54 PM   #18971
The Producer
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Join Date: Mar 2005
Location: Vancouver
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i have a pretty considerate commercial landlord. touches base a couple times a year. offers to help with basic tenant improvements like lighting etc.

been in my spot for 13 years.

i offered to buy it 3 years ago - I wish he had considered it, but I'm too easy for him. My rent is a lot less than the mortgage payment would be. Obviously there would be significant advantages to buying it though and as owner occupied the mortgage requirements would have been more attainable.

i've given up trying to find a viable commercial space to purchase in north van - it's just out of reach now. I take everything I can out of the business and invest it elsewhere.

NNN is bullshit tho - my landlords property taxes are screaming upwards and I'm paying it. if you can get your hands on a piece of CRE and can find some good tenants - go for it. i've certainly been easy money for my guy.
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