Was wondering if I could turn one of my spaces into an assisted living multi-tenant facility as it’s in a great area for it and can be changed with a reasonable rehab.

However, the current owner is a former teacher of mine and states that they will help in the transition period.The wedding venue we are considering is on the real estate market for $1.5mm it includes 8 acres with 3 buildings (2 cabins and an event facility).

It would be similar to a charitable gift.In a conservation easement, a real estate investor “donates” development rights on a piece of property to a qualified charity, public agency, or land conservatory.In return for the donation, they get a tax deduction as if they gave cash to a charity.Let's dive into the basics.Let's say you buy a 20-acre piece of real estate that includes a 5-acre self-storage facility.

Because we charge by the bed, returns are significantly higher than market rental rates, even when considering our rent covers ALL housing costs ex food.With today's opioid epidemic rampaging across the US, there is a massive need for well run transitional living facilities everywhere, but it is easy for good intentions to sour when the houses are not run properly.  

One LLC holds a self-storage facility, one has my property management business, one has residential rentals, and one has commercial rentals.

But when we compare this year's figures to 2019 (the last normal tourism year pre-COVID), we see continued growth. 

., laundry facilities, pet fees).Fixed Expenses: Include mortgage payments, property taxes, insurance, and property management fees.Variable Expenses: Include repairs, maintenance, utilities, and any unexpected costs.Capital Expenditures: Set aside a portion for future big-ticket items (e.g., roof replacement, appliance upgrades) as a reserve.3.

Since then Arizona State University has grown tremendously, new high rise apartments showed up, multi units started specializing in marketing "room rent", and of course home owners that bought decades ago are able to undersell like the mom and pops in your area.Kudos for identifying that your customers value proximity to entertainment more so than to educational facilities.  

Hi, I am in negotiations to purchase a property in Sacramento, CA which has an existing lease with a Residential Care Facility.

In addition any business that built a new facility got the write off thats why most of your car dealers there all built new facilities ..