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All Forum Posts by: Ethan Slusher

Ethan Slusher has started 3 posts and replied 4 times.

Post: I own 0.5acre industrial lot in Glendale, AZ. Cash flow ideas?

Ethan SlusherPosted
  • Rental Property Investor
  • Glendale, AZ
  • Posts 5
  • Votes 2

@Cason the front half acre has a 1200 building has 4 office spaces and break room, large garage in which the current tenant keeps his machines, and an covered overhang with 3 large bays for additional operation of his business. This is all light industrial space.

The back half acre is a flat empty gravel lot.

Post: I own 0.5acre industrial lot in Glendale, AZ. Cash flow ideas?

Ethan SlusherPosted
  • Rental Property Investor
  • Glendale, AZ
  • Posts 5
  • Votes 2

I recently bought my first commercial property in Glendale, AZ and there is an additional half acre gravel lot surrounded with security fencing and a security gate.

I have long-term lease set up for the building on front half of the property, but I’d like to start adding value and cash flow to this back lot!

I’ve considered parking spaces and storage units, but I’m not sure if that is the best use so I’m looking for any suggestions! The property has M1 zoning.

Please provide any suggestions for how I can best use this land to produce additional revenue!

Post: Indianapolis housing market in proximity to Eli Lilly

Ethan SlusherPosted
  • Rental Property Investor
  • Glendale, AZ
  • Posts 5
  • Votes 2

I’m moving to Indianapolis and I’m looking for a rental property in proximity to the Eli Lilly campus.

Can anyone share advice regarding up-and-coming areas? Fast growing neighborhoods?

I value the perspectives of this community, so any information you can share would be greatly appreciated!

Post: Looking for property near Glendale, AZ or Midwestern University

Ethan SlusherPosted
  • Rental Property Investor
  • Glendale, AZ
  • Posts 5
  • Votes 2

My fiancé is about to start 4 years of grad school at Midwestern University in Glendale, Arizona. 

I’d like to buy a rental property/properties so that she can live there for the next 1-4 years with her classmates as tenants instead of wasting money on rent. Ideally she would have a few classmates live with her to help pay for the mortgage and when she graduates the property would continue to provide housing for those graduate students.

I currently live in Hawaii, so I’m not familiar with this market. Does anyone have any advice regarding up-and-coming areas in proximity to the University? Is Glendale a good area to invest? Are there other areas that would be better? Thanks in advance for your advice!