Marco Y.
NJ Commercial Property Dilemma
13 October 2014 | 3 replies
I can price in the higher interest rate in my offer price.Mixed use such as what you are looking at is harder to get good debt on.The retail you would need to look at TI needed to land a tenant and required lender reserves which will vary based on the retail spaces.5 levels of retail tenants from least risky to most risky for lender underwriting purposes.Taco Bell as an example.Lease guaranteed by all corporate stores - thousands from parent companySubsidiary of corporate - ex. 300 Taco Bells in one stateLarge franchisee with track record of 15 years in biz and 100 stores etc.Small Franchisee with one to two locations and little experience and assets.Lowest is non- taco bell but just a persons starting up a taco place with no support just a name and a dream etc.Most of my clients buying strip centers into the multi millions are using non-bank debt.10 year term, 30 year amort., high 4's fixed, non-recourse loan with a first 2 years interest only option to push cash on cash another 250 to 300 basis points.
Dan Gheesling
Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
20 October 2014 | 58 replies
One of the first stores to be looted was a black-owned pharmacy.
Cierra Seay
Squatter's Rights
13 February 2018 | 8 replies
So according to the new laws, if you had that exact situation happen this time, when they were gone to the store or something, you could run over and change locks, and put their stuff out on the street?
Robert Angles
Apprentice investor seeks seasoned pro
13 October 2014 | 8 replies
(Also, if you are a newbie and never had shop class, box stores have classes, read on the proper use of tools, don't use tools inappropriately, intended use only) Biggest issue is safety, standing in the wrong place can get you hurt or others trying to avoid you.
Damien C.
Loans and partnerships
15 October 2014 | 16 replies
Taking a desk chair home from the office might be used to conduct business and is a minor matter, living in real estate owned by the business owner is a different matter.A good example might be where an owner holds a commercial property, a retail store downstairs and living quarters upstairs, the living quarters is divided from the commercial use.
Jim Workman
Garage Rental gotcha's ?
12 October 2014 | 3 replies
I am always surprised at how much people like to store stuff.
Nick Mainella
Good places for flyers/business cards?
4 March 2019 | 10 replies
Be matter of fact i your approach, not salesy- cheesy to use my friend @Shane Woods words....With flyers, almost all grocery stores have bulletin boards, as well as many churches.
Dustan Marshall
finding time for everything
24 October 2014 | 9 replies
Which is a double time saver as I don't have to go to the grocery store or cook.
Marvin Dean
New member and new to real estate investing from Miramar, Florida
17 October 2014 | 10 replies
There is so much information on this site, I feel like a kid in a candy store.
Francis A.
Bloomberg - Why Are Chinese Millionaires Buying Mansions in an L.A. (Los Angeles) Suburb?
20 October 2014 | 13 replies
There are restaurants, stores, and activities that they can go to without knowing any English.