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28 August 2024 | 14 replies
As with any business, and as you surely know from your own experience, it’s not necessary to take on every account—especially when that account assumes it is the industry standard.
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28 August 2024 | 7 replies
Navigating the zoning requirements, dealing with Maryland Historical Trust limitations on what can and can’t be done to the property, and the financial burden of renovating the property to meet these standards have left us trying to figure out the best strategy so the property doesn’t just sit unused.If we decide to sell, we anticipate pricing it at around $70-$80 per square foot, which is an incredible deal for a property of this nature.We’re reaching out to see if anyone here might know of potential buyers interested in this unique opportunity.
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27 August 2024 | 1 reply
It’s good to screen tenants with all the standard checks, however I put the most stock in rental history.
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26 August 2024 | 13 replies
I'm open to anything and have only stated that I can be proactively involved in the business to reduce operational expenses.Buying some properties for an Airbnb kind of business can be one example of such, as long as one knows from experience that it yields better than the standard 1%.
26 August 2024 | 17 replies
Proposal 2: Sell at market value and prepay 4 years of rent from the proceeds, standard lease terms.
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27 August 2024 | 6 replies
Lower leverage, higher rates, you will be required to pay for a commercial narrative report instead of a standard 1025 investment property appraisal.
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27 August 2024 | 19 replies
I am seeing that the 2% buyer commission is more and more of a standard now.
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26 August 2024 | 4 replies
The investor who presents to the ZBA without counsel doesn't come across the same way and the ZBA doesn't give the same leniency and patience if you don't address the correct standard for why the relief is sought.
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1 September 2024 | 79 replies
@Mark Redmann Jeff e mailed it to me I read it... pretty standard and vanilla and preciscly as I described It above.
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26 August 2024 | 18 replies
I have been able to find 5-10% CoC ROI on these assets in some states but it just feels wrong lowering my standards (15% CoC ROI).