Stephen Bruce
BRRRR a quadplex. Is it possible???
11 March 2024 | 20 replies
It's up to the appraiser how much consideration to give to the Income Approach to value versus the Sales Comparison Approach commonly used for single family homes.
Sage Sager-Romano
A few different directions we could go with our goal. Insight and tips?
11 March 2024 | 6 replies
They are also much easier to finance versus manufactured or Mobile homes.
Troy Welch
CPA, Tax Advisor, Wealth Planner ????
11 March 2024 | 8 replies
Similarly, a doctor would only recommend you apply a bandage to a small cut versus do your own stitches on a large gash.6.
Kevin Noesner
The best site for NNN commercial properties
9 March 2024 | 18 replies
Listing brokerages also tend to respond better to professional brokers inquiring about a property versus an unknown buyer.
Jack B.
Do you plan on eventually cashing out and moving away from real estate?
11 March 2024 | 152 replies
Totally agree with you $1mm investment versus $1mm investment I would rather do stock bonds.
Matt Nettles
Michael Blank Mentoring?
11 March 2024 | 39 replies
Joining a coaching program is all about getting further faster or doing 10 deals in a year versus 2.
Jesse Buchanan
Contractors versus running crews for fix and flips
8 March 2024 | 19 replies
A partner and I are in the midst of two fix and flips northeast of Tulsa and haven't been particularly impressed with the quality and speed of licensed contractors. For what seemed like a decent amount of money there ...
Nana Sefa
Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
I think any reasonable analysis of the cost of title insurance versus the benefits has to lead to the conclusion it is the best insurance dollar for dollar of all types.
Elijah Kenan
Looking for Lender for 5x properties (60-75K ARV)
9 March 2024 | 4 replies
You may find that lenders expect to see the rents on your tax returns for 2 years in order to count the rents.You may have to talk with the commercial side versus the residential side.
Rebecca Jao
Sell or Lease? What is the market price to sell my commercial restaurant property ?
9 March 2024 | 17 replies
They will often want a new building constructed and building today with labor and materials is very expensive versus retrofitting existing building.When I buy value add vacant buildings the goal is to double the return on investment within a 3 year period.So if I can use the existing building and retrofit to same concept ( example previous burger inc. but now Whataburger wants to come in ) then not as much tenant improvements to convert.So if rent 20 a foot for 5,000 ft that is 100k NOI NNN a year. 7 cap value is about a 1,400,000 stabilized valueSo if I buy it for 400k and have 300k in it more 700k to get new tenant in the value is then around 1,400,000 based on NNN 20 a foot and a 7 cap rate exit value.If you want a premium price then you would need to sell to an end user tenant ( regional or national in nature) that wants to buy the building and put their concept in there.