Krystal Company Not Paying Rent / Bankruptcy?

UPDATE 1/23/20

As you know, Krystal has filed Chapter 11. We have a Krystal landlord creditor group forming. To explore joining, please go HERE

UPDATE 1/20/20

On January 19, 2020, The Krystal Company, LLC and its affiliated debtors filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. more info

IF YOU ARE A KRYSTAL PROPERTY OWNER….. contact us to be put in touch with other Krystal owners who are organizing as a creditor group.

Make contact here.

WTF???

12/4/19

A client owns a couple year old Krystal Company net lease deal with over a decade left on the lease. They stopped paying rent in November and said the store is "under review". Obviously, this reason and/or most reasons for that matter does not give them the right to not pay rent. We have checked and are watching the news and see they are going through management changes. However….

Anybody else having rent payment issues with Krystal? Any rumors of bankruptcy?

The lease is with the parent company and glad it is not some 2 or 5 unit sheltered LLC.

Who Pays the Rent matters…..

NNN 1031 Investments - Tractor Supply Company TSC Deals

Here is a quick video from the 1031 Exchange Passive Income & Investment Series about NNN Tractor Supply Investments.

Investing in TSC NNN Deals - Thomas takes a look at Tractor Supply Triple Net property investments for 1031 Exchanges. ----------------------- 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Investing in TSC NNN Deals - Thomas takes a look at Tractor Supply Triple Net property investments for 1031 Exchanges.

FREE 1031 NNN CONSULTATION

Speak with our founder: Thomas Morgan, CCIM
Click to Claim

NNN 1031 Podcast - Update

Thanks to all the listeners of the 1031 Exchange Passive Income Series on itunes and other podcast sources.

And thanks for the calls and emails from our listeners.  Glad we can answer your 1031 exchange and triple net questions.

Here is the new page with all the podcast show links as well as links to itunes and stitcher and youtube etc:

www.1031navigator.com/podcast-nnn-1031

5 Things You Should Ask Your 1031 Triple Net NNN Broker

Here is the most recent Q&A in our NNN Property Video Series.

Thomas discusses 5 things you should ask your 1031 Triple Net Broker.  The video is below or can be found on youtube or the audio on itunes.

5 questions ask your 1031 Exchange NNN Triple Net Property Broker

1. How long have you been doing 1031 and NNN Triple Net brokerage? What kind of deals have you worked on in the past? What certification do you have; CCIM, SIOR or are you a member of other local or national organization?
2. What kind of deals are you working on now, will do in the future or have done in the past? Do you do apartment buildings, industrial buildings, single family houses, Walgreens NNN? You want to ensure you have a specialist working with you on your 1031 exchange and Triple Net property.
3. How do you get paid? The seller? Does the listing broker or the buyer pay the fees?
4. Will I sign exclusively with you as my only NNN broker or non-exclusively?
5. Where do the properties come from? Will you tap into your developer and listing broker networks and relationships forged over the years to get the best NNN properties? Or will you send me off market or pre market NNN properties and I'll have a chance at first purchase?

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.  

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.  1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

NNN Properties - What Price Should I Offer?

When making an offer on triple net property you should first assess the asking price relative to the market.

If the NNN property is priced right, a good first offer is 90% + of ask price. This will still allow room for you to get a deal on the NNN property but also ensure the seller responds. Thomas Morgan, CCIM of 1031Navigator.com shares some offer info on a $6MM+ NNN 24 year CVS NNN property he is working on.

For a FREE 1031 Strategy Session call 1-866-539-1777 or go here.

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.  

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.  1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

www.1031navigator.com