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8 March 2020 | 33 replies
Be sure to have a data room or dropbox that has three years of financials, color photos or appraisals, leases, resume, PFS, etc.
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5 March 2020 | 6 replies
If you get a 10 year signed then sell in 3 years you still have 7 years remaining on the lease and then the buyer sees they can likely get great financing and have say a 10% rent bump in 2 years.I have seen some buyer purchase at low cap rates regardless of years left but location had to be an A+ with and A+ tenant to feel strongly if the tenant went dark they had high dirt value to re-tenant and upside.
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12 March 2020 | 75 replies
Red 32, is that a paint color?
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5 March 2020 | 2 replies
Chasing cashflow alone can lead you down some dark alleys, literally.
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5 March 2020 | 3 replies
. $3m project for 2 years just a random shot in the dark a couple of thousands while you're getting your entitlements and $10k for builders risk while it's under construction.Speak w/ your lenders before you pull any triggers... it's not just a remodel.
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5 March 2020 | 0 replies
I hired a designer to buy the furniture and pick the color scheme so it really popped in the photos on Airbnb.
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5 March 2020 | 0 replies
I hired a designer to buy the furniture and pick the color scheme so it really popped in the photos on Airbnb.
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7 March 2020 | 10 replies
I hired a designer to buy the furniture and pick the color scheme so it really popped in the photos on Airbnb.
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11 March 2020 | 11 replies
Nothing has to be flashy... just fresh colors, clean, and coordinated.
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1 July 2020 | 24 replies
--https://www.latimes.com/business/story/2020-03-08/oil-price-war-Oklahoma shale producers break even at $21 to $48 per barrel (i would think its closer to $40 in Oklahoma) -https://oilprice.com/Energy/Energy-General/Why-The-Oklahoma-Shale-Boom-Isnt-Taking-Off.html-Oklahomas state budget is made counting on oil selling for $54 per barrel it is currently at $31 per barrel and dropping - https://kfor.com/news/local/dark-clouds-could-be-on-states-horizon-as-oil-prices-drop-to-30-year-low/-While oklahoma's economy is very diverse it will be hit if prices do not rebound in the near future - https://oklahoman.com/article/5627150/state-chamber-provides-new-analysis-on-oil-gas-industrys-impact-on-oklahomas-economy-and-tax-revenues-Oil and Gas would fall under mining and make up 22% of the GDP for oklahoma see page 11 - https://www.ok.gov/oesc/documents/lmiEconIndPub.pdfThe Good The Bad and The Ugly -Good - oil and gas prices may come up if Russia gives in on this play.