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17 February 2025 | 1 reply
.- Loss of Alcohol Sales: Price Chopper previously sold alcohol but stopped in recent years, potentially impacting revenue.- Triple Net Lease Costs: Rising property taxes, borne by the tenant, add financial strain.- Increased Competition: Discount retailers such as Walmart, Target, Aldi, Dollar Tree, and Family Dollar provide alternatives that attract budget-conscious shoppers.A Closer Look at Worcester’s Retail LandscapeA brief examination of supermarket properties in the area highlights financial and logistical challenges:- 29 Sunderland Road: Built in 1960, this 46,050-square-foot property sold for $4.1 million in 2022.
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3 February 2025 | 7 replies
What are your thoughts on this ruling and its impact on housing accessibility?
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4 February 2025 | 2 replies
Quote from @Devin James: We’ve slowly been improving our homes the more we’ve built and the more feedback we get from our Buyers2021 – Added 8ft doors throughout the home2022 – Added a new elevation with stone in the front of the home2023 – NO carpet in the bedrooms, LVP throughout the home2024 – Added hurricane impact windows & new color options2025 – Adding Ceiling FansGotta be open to feedback and adjust accordinglyThis can be the difference of your home sitting on the market for 4 months vs 1 month where's the modifications and pictures?
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10 February 2025 | 20 replies
Rent growth has a larger impact on long term cash flow then initial cash flow.I am confident that on a 10 year hold, the higher cost market BRRRR in most markets will out perform the lower cost market BRRRR.
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18 February 2025 | 6 replies
However, anything that impacts functionality like plumbing, HVAC, or safety issues should be handled before listing to avoid turning off potential renters/buyers.If you’re re planning to lease it, tenants will expect everything to be move-in ready before signing.
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19 February 2025 | 11 replies
I use a point system for screening; applicants get positive points for positive aspects, lose points for negative aspects, and I have a point threshold for each property.
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24 February 2025 | 6 replies
I have been seeing 12-13% routinely on seller financed owner occupied 1st lien position.
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6 February 2025 | 9 replies
Maximum impact without unnecessary overspending.6.
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16 January 2025 | 1 reply
Real Estate Investors:There’s been a lot of discussion about how the upcoming election could impact our industry.
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20 February 2025 | 4 replies
They sell you the land (you may or may not need to put some cash down) and they carry a note in 1st position.