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6 August 2024 | 28 replies
They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck
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4 August 2024 | 1 reply
We do not use a savings account for e. lease.
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6 August 2024 | 14 replies
My worry is that since this is a brand new LLC that will take ownership of the property, it could cause a problem since there's no history with the LLC?
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4 August 2024 | 2 replies
@Robert E Bogino I've never done it myself.
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6 August 2024 | 24 replies
They advertise as Lender but are selling another mentor program/software package (which seems to be Prop Stream with their branding on top).
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5 August 2024 | 27 replies
There’s plenty of opportunity to charge higher rates if you can build a brand, find the right clientele, and of course deliver results.
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6 August 2024 | 29 replies
I have been a global business developer in the world of construction equipment for the first half of my life's career and have watched Kubota take over the global excavator market country by country since the 90s against a field of 30+ competing brands by offering a product that costs 5% less, has a slightly better initial quality and about similar performance.
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5 August 2024 | 8 replies
Being that you are brand new, you MUST put in contingencies, so you have an out.
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2 August 2024 | 15 replies
Juice cash flow by renting by the room or renting out separated spaces. 2.
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1 August 2024 | 29 replies
Hey All, Brand new to BiggerPockets as of today.