All Forum Posts by: Khaled Seirafi

@Bradley Buxton This is very helpful. I guess I'm trying to figure out what would maximizing the return on investment look like. 

@Michael K Gallagher Thanks for your 2 cents. This has led me to reach out to some boutique firms. But what would you consider high level of service? 

And can you elaborate some more about what would be considered good value? 

I'm looking to sell a mixed use building, with commercial and residential units, in San Mateo. I'll most likely be working with an agent who specializes in mixed use properties and works for a national firm. What would be a reasonable commission rate?

Also, I'll most likely be using the same firm to buy a replacement property out of state. Can this be a factor to use to negotiate the rate down? 

I've only invested in multifamily and mixed use property. Curious about switching over to commercial with a existing corporate tenants with absolute NNN leases for min of 10 years left on lease. Tired of dealing with all the headaches of multifamily with measly returns.

But, I am concerned if a commercial property's lease is about to expire and the corporate tenant doesn't renew. Obviously, I'd be in a tough spot in that situation. But I'm also concerned about if one were needing to sell before or at expiration. You won't be able to really know what the market will be like at the time. Is there potential for a lot of loss in property value if in a mid-sized city with a healthy economy? 

Hi there,

I'm looking to get into STR investing. I live in Northern Virginia and looking to network with other STR investors who invest locally, regionally, and nationally. Any upcoming meetups in the area?

If not, I'd like to start one. 

Hi all. My family's looking to sell a triplex in San Mateo, CA. Most realtors I see might have some experience selling to investors, but the ones I see who are specialized in this are in the bigger commercial firms (JLL, CBRE, Marcus & Millichap). Problem there is that I don't know anything about those multifamily specialized realtors and there are obviously no reviews about them online. What do some of you multifamily investors out there suggest? 

Hi there,

My family owns a multi-use commercial property in San Mateo, CA and one of the commercial spaces is vacant. The rest of the property is fully occupied. Would commercial lenders be willing to work with us to do a cash refi in order to purchase another property or do we have to wait until that vacant space is rented out? 

Hi there,

Reaching out to my fellow Bay Area landlords. Could you please refer a property management firm that you work with and can vouch for? I have a property manager who's giving me a hard time and would like to move on to a better situation with reasonable rates. Thanks!

My family's owned a mix use building in San Mateo, CA for close to 40 years now and we have a potential commercial tenant looking to fill our last vacancy. Now these tenants are trying to negotiate property tax and insurance caps, while we've said that we're only agreeing to a NNN lease. The issue is that if we decide to sell, I expect the new owner's property tax bill to jump anywhere from 2 to 3 times our current property tax bill. So the tenant's share of property tax would jump from around $250 to $500-$750 per month, which is quite a significant jump. I know that this is why most tenants would negotiate for a cap, however setting a cap (for insurance and maintenance as well) would also take away from the property's value come time to sell. I'm trying to not screw over the tenant if and when we decide to sell, but trying to look out for our interests as well. Any words of thoughts or words of advice?

My family's owned a mix use building in San Mateo, CA for close to 40 years now and we have a potential commercial tenant looking to fill our last vacancy. Now these tenants are trying to negotiate property tax and insurance caps, while we've said that we're only agreeing to a NNN lease. The issue is that if we decide to sell, I expect the new owner's property tax bill to jump anywhere from 2 to 3 times our current property tax bill. So the tenant's share of property tax would jump from around $250 to $500-$750 per month, which is quite a significant jump. I know that this is why most tenants would negotiate for a cap, however setting a cap (for insurance and maintenance as well) would also take away from the property's value come time to sell. I'm trying to not screw over the tenant if and when we decide to sell, but trying to look out for our interests as well. Any words of thoughts or words of advice?