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All Forum Posts by: A.R Shakir

A.R Shakir has started 10 posts and replied 56 times.

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6

@Joel Owens

All great points Joel! I think folks like myself want to ROI on there cash, but we forget the inherent land value, as in some cases you need to be able to liquidate.

Everyone wants that happy balance and that is always the tough part. DG's are tempting but I feel too many are being built. 

The only disagreement I have is I have not seen any 5 cap McDonalds, maybe low 4's and Chick Filet high 3 caps.

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6
Mike Dymski thanks for the input!

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6
Mike Dymski Thanks Mike, the only issue for low cap tenants like McDonalds or Taco Bell corporate without buying cash, then you really leverage and make not that much cash on cash return. Unless you go for a higher cap rate tenant.

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6

@Andrew Johnson

I appreciate the input, 1 million in cash doesn't get the returns that you hope for anymore...maybe stock market!

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6

@Joel Owens

The 8%cap is the only thing that is attractive, but I agree. It's just hard to find 7% ROI when you have 1 million in cash. Even if you get a loan the cash on cash returns are still not at that 7-8% range.

I will try looking at some DG's, I appreciate the input!

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6

Thanks @Jeff Kehl, I appreciate the input that is my biggest concern. I probably will not ever be able to re-sell this if they leave and hard to rent if they leave as well.

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6
The only other concern is not being able to get my money out because it’s a small town

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6
How much?

Post: FAMILY DOLLAR good or bad investment

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6

I have seen a New Family dollar in a small town for 1 million at 8% cap rate and NN for 10 year lease. 

Any thoughts on Family Dollar as investment as I will be doing this as all cash? Its in Oakland,IL.

Just never done a NN(roof) and never thought of a Family Dollar as investment?

Post: SOCIAL SECURITY BUILDING FOR SALE QUESTION

A.R ShakirPosted
  • Real Estate Investor
  • Champaign, IL
  • Posts 57
  • Votes 6
I plan on 35% down on a 30 year mortgage My concern is the tenant... if they leave I do not think rent is replaceable. Never bought a place with the government as a tenant