All Forum Posts by: Richard B.

@Russell Brazil. I am pretty familiar with Baltimore and see some positive changes happening but it’s very localized and I agree with you that you need to be there with a good network.

@Kim Hopkins. I do those things using a few excel spreadsheets … what you are working on sounds super handy!

@Avi Burnbaum

your banks environmental team should be able to comment on the proposed work scope. I’ve had it happen where the Bank was satisfied with having a lesser amount of phase 2 testing done than the environmental company initially proposed.

@Avi Burnbaum. My property was in CT so the firm I used can’t help you. Cost will depend on the scope of work required. You might get several quotes to see the variation but also look for a strategy to limit the scope.

@Avi Burnbaum. Just did a phase 2 recently with drilling and water/soil sampling it ran $6k. Was something we could’ve maybe skipped but we gained clarity everything was indeed ok and well worth it. If it were me I’d do testing if the new phase 1 indicates that it is needed.

@Tal Shachar. I’ve replaced in similar situation with custom fit windows and that’s worked out better than trying to use stock windows.

@Dave Wittnauer

I’d suggest you ask your accountant , trusted financial advisor or lawyer if they know a local investor who might be interested. Where is the property?

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@Erik Raftery Suggest you create a spreadsheet to calculate the key metrics you want to look at. That’s what I did. Couldn’t find what I liked online.

@Kevin Parekh. Suggest you research what similar warehouse properties rent for. You can then calculate NOI and market value. A broker could help you with that or look on LoopNet.

@Vincent Pollitto. Where is the property located?