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All Forum Posts by: Tyler Wotherspoon

Tyler Wotherspoon has started 2 posts and replied 6 times.

Short-Term & Vacation Rental Discussions

Post: AirBnb starting question

Tyler WotherspoonPosted
  • Oregon
  • Posts 6
  • Votes 0

Awesome! Thank you for your feedback! 

0 Votes
Short-Term & Vacation Rental Discussions

Post: AirBnb starting question

Tyler WotherspoonPosted
  • Oregon
  • Posts 6
  • Votes 0

Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I transfer it over to an LLC after purchasing the home?

Your help is greatly appreciated! 

0 Votes
Buying & Selling Real Estate

Post: USPS tenant occupied buildings

Tyler WotherspoonPosted
  • Oregon
  • Posts 6
  • Votes 0
Two tenants , second tenant pays 500$ on a month to month.


Originally posted by :

Is this a multi tenant building? Are you saying USPS is only tenant there and then 35% vacant?

If so going in cap rate looks to be about a 5 cap. Not good. I do not like buying 5 caps going in. I like 8 caps going in and then once stabilized have 10 plus cap rate so you can sell full at 7 to 8 cap.

0 Votes
Buying & Selling Real Estate

Post: USPS tenant occupied buildings

Tyler WotherspoonPosted
  • Oregon
  • Posts 6
  • Votes 0
Originally posted by @Joel Owens:

Is this a multi tenant building? Are you saying USPS is only tenant there and then 35% vacant?

If so going in cap rate looks to be about a 5 cap. Not good. I do not like buying 5 caps going in. I like 8 caps going in and then once stabilized have 10 plus cap rate so you can sell full at 7 to 8 cap.

0 Votes
Buying & Selling Real Estate

Post: USPS tenant occupied buildings

Tyler WotherspoonPosted
  • Oregon
  • Posts 6
  • Votes 0

250,000$ building for sale with Postal office paying 12k a year in lease (65% NNN) through 2022 with option to extend at 12,650$ lease increase.

0 Votes
Buying & Selling Real Estate

Post: USPS tenant occupied buildings

Tyler WotherspoonPosted
  • Oregon
  • Posts 6
  • Votes 0

Has anyone purchased a USPS occupied commercial building? Is it a good investment? Pros/Cons? 

0 Votes