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Lease commercial store
7 June 2014 | 2 replies
National corp tenant that will give ultra security to the cash flow.Costar has a thing called Costar tenant that shows when other tenants are leaving a space and when they will expire.
Sabino Gonzalez
Please help me understand when this deal would make sense.
19 June 2015 | 4 replies
Retirees that want ultra security and are wanting to live off of the income and keep pace with inflation.3.
Rob Gillespie
Million Dollar Listing on Bravo
19 March 2011 | 26 replies
The one agent I know in SoCal who does high end properties has mentioned that the commission there is typically 5% (2.5% for each agent), so this is pretty much in line with that.I imagine for the ultra-high end (like this property), commissions could be even less, but remember that at this price range, the agents are taking a risk as well, as they often sink thousands into marketing the listing and if it doesn't sell, they lose money.
Account Closed
Noobie inherited 1 Million Dollars
11 May 2019 | 44 replies
I deal with clients that are high net worth to ultra high net worth all the time some nine figures.
Toby Russell
Cheap effective lighting
9 August 2018 | 15 replies
Lithonia lighting also makes these for $28/piece if you want a brand name Hykolity 4 Inch Ultra Thin LED Recessed Ceiling Light CRI 90+ Dimmable Downlight with Junction Box 12W 720lm [60W Equivalent] 4000K Neutral White ETL Listed - Pack of 4 https://www.amazon.com/dp/B0748B73RT/ref=cm_sw_r_cp_api_i_9xxcBbRXCDMGP
John Rizzo
Real Estate Syndication Investing
15 February 2020 | 6 replies
If they're being ultra conservative, they're not bad but also not fantastic.You can easily find deals with 7-8% pref and 15%+ IRR projections if you're patient.
Patrick Philip
What type of commercial RE is most recession proof?
7 June 2020 | 12 replies
In warm belt states in strong areas some can get re-tenanted in 6 months to 1 year. in the mean time they throw a party city in there, Halloween store, Christmas store, etc. to try and bring in enough rent to cover overhead and property taxes until they land a long term tenant.I cater more toward the high net worth to ultra high net worth individual investor that buys retail.
Kris Benson
Why Isn't Anyone Talking About Self Storage??
11 September 2021 | 66 replies
I have owned SS and it has its own set of challenges its not all wine and Roses LOL.My banker is of the opinion that when you hit a downturn SS is one of the first things to get hit.IE someone paying 100 to 150 bucks a month to store their junk just stops paying.and vacancy starts to out strip cash flow and the properties go underwater.what did with mine and it was a unique property being right across the st from 1000 floating homes on the Columbia river or should i say within 2 miles of all those.I put a condo plat on mine and went about sell each storage condo to those floating home folks so they could add value to their floating home.. this worked out well.I also like it when you have the bigger ones kind of like airplane hangers and you sell to the ultra motor coach crowd or those that like to wrench on their collection of cars.. end of he day people need a place to live storage is a luxury.. but this is hardly a new concept or business its well established.. and your write the herd has put up thousands of units in our area 3 to 4 story buildings and every one of them has move in specials.
Account Closed
$111,000 per unit in Chandler AZ?
27 November 2018 | 3 replies
Typically these are buyers with lots of cash sitting around from a high income job or business or a 1031 exchange that sold off houses and now wants a small multi property in a high quality area.The bigger players in the hundreds of units some ore UHNM (ultra high net worth) or they are syndicators.
James Carollo
How well have LUXURY VINYL PLANKS held up?
1 December 2018 | 28 replies
I just bought about 850 sf from Lowes (smartcore ultra).