Can you improve commercial properties with great results? 

@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.

•I’d also ask: Does this area have ongoing flood control improvements?

I ran the numbers and looks like a good deal (7% cap rate, 5% ROI, and ROI will improve as the years go by).

•If jobless claims rise (above 240,000): Higher unemployment could push the Fed to act sooner, improving the chances of lower rates in the second half of the year.How This Data Could Impact Real Estate InvestorsScenario 1: High Inflation and Low Jobless ClaimsA combination of sticky inflation and a strong job market would reinforce the Fed’s stance that rates need to remain elevated.

With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood.

Motel's being converted into LTRs can be a creative way to improve vacancy and cash-flow overall. 

Because of the relationship I have with the contractors I use, there is no material mark up when they source the material.Basically there is not an issue.The CSLB law on prohibition of T&M residential home improvement contracts has been around a long time.

Also you will greatly improve cash flows and now you will have 2 CA properties from one. makes as much sense as splitting a unibrow into 2 eyebrows lol3.

Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.