All Forum Posts by: Nathan Lovero

Hey Jaxson,

I attend a local meet up once a month in Spring Hill where we arrange speakers to educate our group and exchange local trends and deals. We are meeting this Thursday at Perkins on 19 if you would like to attend, this group helped me buy my first rental and am looking for my next.

@Ash 

@Ash Patel- I am referring to plazas that I have seen in multiple locations that have a minimal number of filled store fronts. Many of these locations show one or more of the anchor stores closing or vacant. This may be due to same store returns dropping, but regardless it will be providing less jobs for these selected areas and more aggressive owners of the buildings. This is were the discussion of this post started. 

Like what @Joel Owens mentioned the converting aspect of malls from retail to more creative less conventional setups. 

Cincinnati may be good with sales like my area in Tampa and Orlando, but the smaller cites outside of them have closing and are showing disparity. 

Joel Owens, even though these companies are down sizing causing the owners of the properties such as warehouses and store fronts to be foreclosing due to vacancy issues is not a large concern anywhere but more rural area's. 

That tells me that there will be area's for opportunities when there are discounts. Correct?

For these areas where retail should have not built in what possibilities do we have here.

These are the areas that we can collaborate on creating financial growth. 

Joel Owens

I'm not sure what you are referring to when you said industrial? like industrial zoning or converting to industrial use?

Flex spaces?

I'm Nathan,

I wanted to start a conversation on the future of commercial real estate and the opportunities that will be presenting themselves in the next few years. The residential markets are getting tighter and tighter due to low barriers to entry, but for commercial I believe there is a lot of potential. 

Malls, strip malls, and stand alone building are expected to be cheap building space that will be unused. How can we maximize this opportunity together? 

We still have a few years to set ideas developed now for this. Please share and see if we could correct what will seem to be vacant commercial buildings all over the country.

Thank You, 

Hello Christopher,

I personally don't look for major rehab properties, but I would start connecting with contractors to get more understanding of costs of repairs. At the same time I would start looking up sold fully renovated houses in the area and find what the asking prices are and then watch for what they sold for.

Hope this helped,