4 ms·
The rent affects the comps. If the landlord happens to own the comps (he owns the building after all) He will run into trouble in multiple ways if hes lowering
by IG_Semmelweiss 4y ago
The rent affects the comps.
If the landlord happens to own the comps (he owns the building after all) He will run into trouble in multiple ways if hes lowering rent, for example with resets (every 10yrs or so), rolling the debt, refi, , lowering the floor for units in negotiation or renewal etc
Still it doesnt mitigate the fact that there is a real estate loan that must be paid.