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11 March 2024 | 27 replies
You also have to be with an agent who fully understands the nature of zoning and regulations.
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10 March 2024 | 13 replies
But, life seems to go on for them...On a slightly different note, I think the nature of your investments may dictate how you structure yourself.
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12 March 2024 | 105 replies
A similar situation would be like when New Orleans flooded and people were displaced in mass , or another natural disaster .
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8 March 2024 | 2 replies
Trying to figure out if this is natural settling or we should provide reinforcement to the beam to prevent further settling.
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12 March 2024 | 168 replies
The natural gas boom in the area has brought a ton of out of town workers who need a place to rent.
9 March 2024 | 17 replies
They will often want a new building constructed and building today with labor and materials is very expensive versus retrofitting existing building.When I buy value add vacant buildings the goal is to double the return on investment within a 3 year period.So if I can use the existing building and retrofit to same concept ( example previous burger inc. but now Whataburger wants to come in ) then not as much tenant improvements to convert.So if rent 20 a foot for 5,000 ft that is 100k NOI NNN a year. 7 cap value is about a 1,400,000 stabilized valueSo if I buy it for 400k and have 300k in it more 700k to get new tenant in the value is then around 1,400,000 based on NNN 20 a foot and a 7 cap rate exit value.If you want a premium price then you would need to sell to an end user tenant ( regional or national in nature) that wants to buy the building and put their concept in there.
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9 March 2024 | 26 replies
In all, we were able to do a cash-out refinance after 1 year and got our entire investment, including down payment, back into our personal accounts and we still have a cash flowing property.The beauty of smaller town and communities is that often big-time investors are not looking at them as closely and they can cash flow quite well, at the sacrifice of "natural" appreciation.
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9 March 2024 | 21 replies
have you looked at new builds in columbus as a strategy given the competitive nature of other strategies you mentioned?
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8 March 2024 | 10 replies
Numerous costs are associated with real estate transactions, so it's critical to have a clear picture of your financial status.Due to the constant nature of the real estate sector, it is imperative to remain up to date on new tactics, market trends, and industry developments.
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6 March 2024 | 5 replies
A failing system typically cannot be simply handed off to a buyer without remediation and replacing an aging septic system with a modern alternative treatment system (ATS) can be a significant financial undertaking.