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12 January 2025 | 20 replies
You'll need more capital and most will require a personal guarantee and personal financial backing.
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20 January 2025 | 5 replies
@John Jacobs I require my borrowers to have policies that cover replacement cost.
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26 February 2025 | 40 replies
I do know that DG salaries are kept really, really low at the store level....so any sort of tenant responsible facilities support for a NNN lease would be either outsourced or taken care of by someone over an area.What I mean by that is given the low wage of their employees (lower paid employees are HARD on facilities because they don't respect the job or the property), and the minimal/slow to respond regional facilities support means your building might get unnecessarily and prematurely worn.This is all speculation, but given your fairly low cap rate I'd advise a relook.
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22 January 2025 | 13 replies
I do not think enough coverage is going to the people who are fighting this fight -that job is tough and a big uphill battle to fight these fires.
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23 January 2025 | 24 replies
And, yes, inspection deficiencies can hurt your valuation because once they are disclosed, you are required to disclose those to future buyers.
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18 January 2025 | 2 replies
(larger would require fire sprinklers).
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29 December 2024 | 2 replies
Quote from @Paul Gupta: Hi, in California, For jobs requiring a license, there was CSLB (contractor state licensing board) which would give either a General Contractor license, or specialty licenses by trade (~60 specialties such as concrete, welding tile, ) https://www.cslb.ca.gov/about_us/library/licensing_classific...My Q: does Maryland and DC area have similar requirements?
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29 January 2025 | 19 replies
However, I live close-by (30 minute drive), recently retired from my day-job, and if the loan is not too large, I might be willing to do a deal just to learn a bit more about another side of RE.
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19 January 2025 | 0 replies
My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).
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9 January 2025 | 0 replies
Consider population trends, job growth, and economic stability in these areas.2.