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Updated almost 8 years ago on . Most recent reply

Darshan Patel's profile image
Darshan Patel's profile image
Darshan Patel
  • from Rensselaer, New York
  • Member since Sep 8, 2016
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27
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6
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Darshan Patel's profile image
Darshan Patel's profile image
Darshan Patel
  • from Rensselaer, New York
  • Member since Sep 8, 2016
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Darshan Patel
  • Rensselaer, NY
6
Votes |
27
Posts
Buying & Selling Real Estate

Real Estate - Looking to buy RETAIL PLAZA

Darshan Patel
  • Rensselaer, NY
Posted

Good afternoon everyone, I would like to get some opinions or advice as this is going to be my FIRST retail property ever that I would buy. Basically what I am wondering is what should I ask the sellers, what should I look for? There are four clients in the plaza right now, but the contracts end next year during different times. How could I get them to stay, how do I guarantee them to stay? The price is 1.7M with a NOI of 133k. Licenses, laws, rules, maintenance. Thank you in advance!!

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