9 October 2011 | 6 replies
I like commercial because there is not as much competition for it.You can structure a deal more creatively and there are more different types of lender loans than for residential.Residential is highly regulated by the government now.Commercial I don't want the government messing it up as well and squashing creative financing.I like commercial for economies of scale and ramping up larger transactions.You can make money in residential it is just not my thing.I like retail and multifamily.Medical will be hot for many decades to come as well with the boomer generation retiring.I don't care much for industrial but I am seeing some transition areas where a developer takes an industrial shell of a warehouse leasing at 2 sq ft.They put improvements in and get rezoned to mixed use retail and get 15 sq ft lease rates.
11 October 2011 | 10 replies
If you don't keep an eye on your property managers, they will do things like cut corners on upkeep to make profits look higher and then you will get stuck with a big money repair down the road.Maybe your better bet is commercial property with long term NNN leases.
10 October 2011 | 3 replies
.$500 per month rent$1100.00 option consideration paid as follows: $100 now with contract, and the balance to be paid within 30 days subject to my "associates" (tenant/buyer) agreeing to the purchase.3 year lease term with possibility to extend one year after that.$0 rent credit.Here is my CYA and 3 exit strategies.1.
11 October 2011 | 15 replies
I think the key is your lease agreement.
1 November 2011 | 18 replies
You should also get your own leases written and ready to go.
22 March 2012 | 22 replies
I had two offers to lease my current house commercially (it's zoned for offices, SF or MF) at 3,000 and at another time at 4,000.
11 October 2011 | 7 replies
How long are the typical leases in that area?
12 October 2011 | 8 replies
The MLS will show rental amounts listed / leased for each deal that was done on the MLS.
13 January 2012 | 11 replies
Are you waiting for someone to sign the lease before replacing the carpet?
23 October 2011 | 2 replies
I am interested in an 85 unit complex in Irving Texas that is 60% leased and is really good shape.