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7 February 2025 | 25 replies
I am a commercial real estate broker with an 81 unit portfolio for sale in Richmond, VA.
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21 January 2025 | 6 replies
Since both lots had the same mailing address, this was the address used by the foreclosure attorney when posting the sale.
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24 January 2025 | 37 replies
If a property is for sale but currently has tenants in it, but the buyer is buying for their primary residence, do eviction laws still apply?
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23 January 2025 | 20 replies
A community isn't a gimmick, it's an opportunity for the right people to level up quicker than they would on their own and avoid the mistakes others in the community had to learn the hard way.
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15 January 2025 | 10 replies
I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.
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16 January 2025 | 18 replies
(If not, then you should, IMHO)We're all in sales ultimately, and keeping potential business associates on a marketing list is our lifeline.Also, if you were "politely told" that it's not a great fit - how is this a problem?
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8 February 2025 | 18 replies
A wealthy individual, a group of wealthy individuals, or a hedge fund is lending money, private money to strangers for the purposes of buying distressed, fixing the asset up, and either exiting through sale or refi.Just keep in mind t he relationship between maturity and interest rate.
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15 January 2025 | 24 replies
Plenty of opportunities to make $, loose $, stagnate and everywhere in between.
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19 January 2025 | 11 replies
That might include things like adding units, converting commercial space to residential, or finding ways to boost income (like adding parking).The key is recognizing opportunities while walking the property, and that takes experience.
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17 January 2025 | 9 replies
Bonus 4: develop a list of questions you want to get answers to before you do any opportunity.