All Forum Posts by: Scott Mac

It might help with you state where your goals are.

Cigarettes, alcohol, abandoned everything.

How are you coming up with that much larger market rent for all those units?

Why is the rent so suppressed for all those units right now?

How much will you have to spend to make those units worth more to the renter?

Is this section 8-(or some kind of fixed income program) these units seem very low priced?

Just my 2 cents.

Maybe as an add-on to all of the good advice everyone above has given, 

you might want to think about learning Excel, if you do not already know it.

I have developed very good excel skills over the years and I'm glad I can do whatever I want with it.

https://www.w3schools.com/excel/

Good Luck!

Well then could we have a example of defeasance, maybe such as a Bob and Ted story?

Before you think you're getting in for zero down, have you asked what kind of cash reserves you have to have to qualify for the loan such as X number of months rent, and X number of months taxes, and what about insurance are they going to require you to buy one years of insurance or something.

CRE Seems quite broad.

Setting your aim on a more specific part of CRE might help you find someone easier.

Good Luck!

Just Gen-Z; don't you think all Gen's might be effected by these same forces?

What @Jay Hinrichs said.

With the capital and experience to offer I've seen this work well as a joint venture.

Basically partnering on one single effort.

Hi Stuart,

I think you're shining the flashlight on the correct thoughts about these two individuals.

One way to think about this is these two will also own the businesses and want, of course, to steer it in a manner that fills their wallet the best.

Right now you may see them as less than suitable for partnering with,

Maybe rethinking your own position about making money with them might produce a profit.

What I mean is finding the type of deals that you could do with each of them that would capitalize on their unique knowledge and skill sets and desires.

For instance if Mr X was a successful franchise operator and was looking for someone to handle things that you wanted to have done and you found a fixer upper of a franchise. I just use the franchise as a unique example.

Basically since you have these two assets at your disposal maybe tailoring a couple of investments to fit those assets might be the easiest way to go about it versus looking for a needle in the haystack.

Just my 2 Cents.