All Forum Posts by: Bing Lin

@Evan Polaski thank you! With cap rate higher for retail and office, would you consider investment in retail/office over MF at this point?

Hey all, I came across a medical office commercial in Research Triangle area in NC. Don't have commercial real estate experience before. The current tenants are moving out in 6 months so the seller is listing with lower price with cap rate at 7.6%. Current tenant lease is triple net lease, NNN (tenant pays condo fees, RE taxes, and insurance). Is this a good time to get into commercial/medical space? And what is the risk that I cannot fill with another tenant with the similar lease NNN structure? Any advice/thoughts are really appreciated.

@K Sue Dorsett I agreed, I sold the property to them last week. One thing though they offered way higher price than I could sell in retail market. My agent told me that it is impossible to get what Zillow offer so why not just sell it to them, so I did. The whole process is remote, even with remote notary option that costs $20…

@Richard Goore thank you Richard! I did some search and What do you think about Rosemont, Swanston Estate, and Rancho Cordova areas?

@Brian Sherman what about the conditional use permit that’s required when you rent over 90 days? How did the process work? Is it easy to get the permit?

anyone who is currently doing airbnb in Sacramento? still a good time to get in? or is it too crowded now? what are some of the reasons that people will go to Sacramento for airbnb?

@K Sue Dorsett I am curious if you went with Zillow offer. I am in the process of one as well. I got the market value, then they did the inspection, listing out the repairs, and now I have the final offer, pending me to accept. Before I do, I am just doing the same as you did before, checking if others have gone through it. Let me know. 

@Kyle N. do you by chance have Kathy Fetteke's email from Real Wealth Network? I would like to get in touch with her on a syndication project that I currently invested in. Thank you!

@Sharon Wahrmund much appreciated your local insight! If you are compare a small multi-family (2-4 plex) between Statesville and Mooresville, the reason you invest Mooresville, is it because of more appreciation potential? how about the current price point, cash flow comparison, vacancy level consideration?

@Adam Anderson hi, Adam, I am wondering if you actually moved forward with building the units?