13 June 2024 | 2 replies
It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?
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17 June 2024 | 19 replies
Having gone down to the recorders office to look at the NOD list that's really all I understand at all moment.To be real, I don't quite know what the NOD list is other than a list of the pre foreclosure of a home.
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18 June 2024 | 121 replies
They don’t have an office but a single person who answered.
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18 June 2024 | 83 replies
Also there're more traffic outside the city where the office are compare to traffic inside the city.
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15 June 2024 | 2 replies
They have offices in Syosset as well as the Hamptons.Happy to share my direct contact with you.
15 June 2024 | 3 replies
I am a bit worried since I am in contract for another property now and the deposit is important to get the deal closed. go to the agents office and get your check.
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15 June 2024 | 2 replies
DETAILS:I’m registering a general contractor as an officer in my LLC.
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15 June 2024 | 5 replies
I am curious if other investors create a business plan or provide other documentation to loan officers?
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14 June 2024 | 4 replies
Home Office: If you manage your rental property from a home office, you may be able to deduct related expenses.5.