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28 August 2024 | 9 replies
Example:-------------------Tenant A - Grandma Millie's Sewing ShopBeen in business 1 year, decently profitable, signs 5 year lease.Rent = $60,000/yearTenant B - Eye Doctor office.Been in business 5 years, quite profitable, signs 5 year lease.Rent = $55,000/yearTenant C - Subway5 year leaseRent = $50,000/year-------------------If I assign the following Cap Rates, I get these building values:Tenant A / 10% cap rate60k/.1 = $600,000Tenant B / 8.5% cap rate55k/.085= $647,000Tenant C / 7% cap rate50k/.07 = $714,000(or even $45k at 6% cap rate = $750k)-------------------I just made up all of these numbers.
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30 August 2024 | 15 replies
If high income individuals engineers doctors rent out property and people find out, are they more likely to get sued?
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27 August 2024 | 13 replies
But for some reason, doctors don't do it.
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23 August 2024 | 9 replies
I tell clients to think of it as if you're going to the doctor for an exam.
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23 August 2024 | 22 replies
This almost sounds like someone is calling my doctor and asking question about my health.
21 August 2024 | 182 replies
I lost rental tenants, one of which was a doctor, and another was an accountant.
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21 August 2024 | 94 replies
He went to BYU with the intention of becoming a doctor, but did poorly in chemistry which would be required as a prerequisite for medical school.
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20 August 2024 | 452 replies
Originally posted by @Kristin Drumheller:Is it legal for my chiropractic office to use our line of credit to fund a purchase of rental property?
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11 August 2024 | 8 replies
He has helped some of my customers here at the bank especially my Doctors, Dentist buying some unbelievable Vacation rentals and investment properties.
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6 August 2024 | 28 replies
I'm Moe and I'm a young doctor in Texas.