All Forum Posts by: Jennifer L.

Hi All,

I have a small 3.5 acre parcel of land I've entitled for 42 single family attached units. I don't have the funds to continue development at this point, which includes the final plat and construction drawings. Can anyone recommend a lender or possible solutions to move forward. I'd like to sell it or JV with a builder.

Thanks in advance!

Hi Tyion, I messaged you requesting more info.  Look forward to your reply!  

Thanks!

Jennifer

Hi Michael, 

Thanks for replying.  I'm in Boise Idaho.  I'm brand new so this will be a learning experience, but have wanted to do this for a long time.  

Jennifer

Hi,

I'm just starting out in real estate investing and am investigating several different options from BRRR to purchasing commercial buildings to rent or possibly starting out in small multi family units. Does anyone know of others that are experienced and looking to partner?

Thanks,

Jennifer

@Karen Schimpf Sounds like the best option so far.  I'm in the process of gathering info at the moment to learn as much as possible.  I'm not sure how the purchasing process works in commercial - assume you need to have quite a bit down in the commercial market?  And how do interest rates work for a loan?  Any info you provide would be very appreciated!  Thank you!

It does!  Thanks!

Thanks Alina!  I'll check it out!  

I need to do more reading and learn these terms that are new to me, but this sounds very intriguing to me and I'd like to learn more. I've got some homework to do on the NNN as well as the Cap rate that Lauren talked about above. This is exciting stuff - thinking about different ways of doing deals, what market to go into, etc.

That's great advise.  Thank you!  

Hi Lauren,

Thanks so much for your reply!  I live in Boise Idaho - about 15 years ago I wanted to get into self storage, but didn't know how.  Fast forward to today, and everyone is moving here from California (and other places, but primarily CA) and the growth is exploding, and now there are new self storage facilities popping up all over.  Sigh...  I agree with your assessment on retail space, and I really like your idea of multi-tenant industrial!  Instead of "thinking" about it, I'm really trying to find the best way to jump in and get started.  Do you have any suggestions?  I'm thinking that I should look at various places around the country and do some investigating, then contact a commercial real estate business?  Does that sound like a good start?

Thank you!

Jennifer