Loading…
11
A tenant at my Phoenix strip mall told me my lease template was scaring people off, and he was right
I own a small 6 unit strip center off Camelback Road and had two vacant units sitting for almost 5 months. A guy running a barber shop out of unit 3 finally told me straight up that my lease was 14 pages and made people feel like they were signing a mortgage. I cut it down to 4 pages and dropped one clause about personal guarantees for tenants under 2,000 square feet, and both units were filled in under a month. Anyone else had luck simplifying their lease docs, or did it backfire on you?
0 comments
Log in to join the discussion
Log In0 Comments
No comments yet
Be the first to share your thoughts on this discussion.