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9 August 2024 | 8 replies
After that, I'm told that The closing must be attended in person, so I guess you'd better sign a power of attorney over to a family member or friend you trust or, get your frequent flyer miles up.
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9 August 2024 | 5 replies
Unless you're on the beach, i'd avoid the flip flops and board shorts, but Also I think most people get defenisve or put off by suits when they are knocking on someones door, so Business Casual, collard shirt if that is something you'd wear or a Clean- Non Graphic T (unless you had your own made), clean cut dark denim jeans -- and some clean shoes.
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14 August 2024 | 84 replies
If you have a clean, properly marketed unit you can get an approved section 8 tenant within 7-10 days.
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10 August 2024 | 8 replies
In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.
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12 August 2024 | 30 replies
I say it's time it liquidate 50%-75% of that portfolio, yes that's right 75% because that's only way to gain access to that full equity "power" potential.
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13 August 2024 | 21 replies
I cleaned it up, took pictures, posted it for sale, fully expecting to use Section 121, as recommended all over this forum, instead of doing a Section 1031 exchange, which I had originally planned to do before asking about the Section 121 law on this forum!!
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9 August 2024 | 4 replies
If no useful seeds are put into it, then an abundance of useless weed seeds will fall therein, and will continue to produce their kind.”James Allen, As a Man ThinkethThe human brain is much more powerful than many realize.
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9 August 2024 | 16 replies
No cleaning, no calls, nothing.
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9 August 2024 | 6 replies
I'm currently moving my investing activity to a different area and working on building my power team in that area.
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9 August 2024 | 5 replies
I would want a violent criminal to have at least five years of clean history after time served.3.