Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Cannabis Property Investing
As an owner of a licensed cannabis dispensary in California and deal technician of other cannabis retailers, I’ve noticed the big winners are always the property owners. I just got my real estate license and know of several real estate deals I can broker for good money but I’d much rather become the property owner in the transaction. Since working with banks is a no go I’m wondering if anyone has an opinion on how best to structure a deal like this and what equality I should give as I don’t want to be to greedy or short myself. I have money to put in the deal but always love putting up nothing
some basic numbers would look something like this
$1,000,000 purchase
Property rehab paid by tenants $200,000 (sewage, city water connection, fire sprinklers, external and internal rehab)
Rents would be locked in at 10 years + multiple 5 year options & 2.5% annual increases starting @ $9,000/mo gross