The property is situated immediately west of the 405 freeway north of Manhattan Beach Boulevard, and it checks several boxes for institutional capital as this buyer profile continues to be drawn toward infill locations in coastal markets.After eight quarters of declining transaction volume, 2024 may see an uptick in sales velocity if the 2008-2009 commercial real estate downturn serves as a guide.

If you elect to do a modification of the existing loan instead of a refi there will still need to be a new search and an endorsement to the existing policy date through the recording date of the mod. 

That In my opinion is the best thing for $40K of investment. 3) REIT can come in many flavors and I would be very careful about them considering huge commercial big box stores are taking it on the nose right now and many REITs are heavily vested in that type of asset.

There have been several properties that have come up that would fit my buy box that I have been hesitant on taking more action.

Once that's set, it's really not a super difficult thing to run--the biggest deal for most people is needing to be married to your phone in a way that other RE investments don't require, because you always have to be able to answer inquiries and accept bookings, and if you're not fast enough, people will often move on to other listings.You can definitely self-manage properties remotely, but it is necessary to have some kind of boots-on-the-ground help, whether for maintenance or even just helping guests with occasional issues that pop up (confusion about TV cable box remotes, etc.).

Hey All, the forum mod deleted my post because its supposed to be in the "events" forum. 

We all started somewhere, some how and fear is part of the process.On if it a good deal, only you can answer that because no 2 investors have the same "buy-box" or buying criteria.Goodluck and keep us posted.

There's a lot of on the ground work you can do to start learning your market / building your buy box / etc.Getting MLS listings from agents = low return activity

She has a po box so gets no mail delivered at this address. 

@Evelyn J GoodGo to Home Depot and get the Rustoleum cabinet kit box.