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17 June 2024 | 6 replies
Is there anything that gives a town a unique geographic or economic advantage/moat compared to another town?
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17 June 2024 | 9 replies
My question is what do you see that is unique to selling an ADU separate from the primary unit compared to a condo conversion or TIC/coop?
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17 June 2024 | 25 replies
However, every property is unique, and the actual rent for a specific property depends on various subjective factors, which online rent estimate sites cannot consider.SummaryRentometer does not provide the level of rent accuracy required for making investment decisions.
13 June 2024 | 2 replies
It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?
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15 June 2024 | 15 replies
Outside of the typical challenges for out of state investing, what are some of the pitfalls that may be unique to investing in Detroit?
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18 June 2024 | 5 replies
I also don't get involved with Buyers as the contract language and specifics should be reviewed by an attorney Absolutely, I would never recommend a subject to to a client (or at least not unless under very, very unique circumstances and lots of disclosures).
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15 June 2024 | 2 replies
The majority of existing houses were built in the 1930s, contributing to the unique character of the neighborhood.
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17 June 2024 | 16 replies
the more you could make it an emotional (unique niche place that stands out) decision and find a buyer attracted to that vs pure math, the better, I suppose.I'm thinking 'the right location' (and buyer) for this scheme is more like the "hobby second home" crowd, dedicated ski/vacation town, right on the beach, cabins, main amazing attraction right nearby, NOT any-old air bnb beachtown condo, though, overall.
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18 June 2024 | 17 replies
Conclusion:Please don't base your opinion of the typical transaction on this unique situation.
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14 June 2024 | 28 replies
While I agree with Collin on location, views and water front, I also think you can stand out by being unique.