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4 January 2018 | 0 replies
ATypical Type of Anchors: Anchor-less or a small convenience store anchor.Trade Area Size: <1 mileProperty Type: Power CenterConcept: Category-dominant anchors, including discount department stores, off-price stores, wholesale clubs, with only a few small tenants.Typical Type of Anchors: Category killers, such as home improvement, discount department, warehouse club and off-price storesTrade Area Size: 5-10 milesProperty Type: LifestyleConcept: Upscale national-chain specialty stores with dining and entertainment in an outdoor setting.Typical Type of Anchors: Large format upscale specialtyTrade Area Size: 8-12 milesProperty Type: Factory OutletConcept: Manufacturers' and retailers' outlet stores selling brand-name goods at a discount.Typical Type of Anchors: Manufacturers' and retailers' outletsTrade Area Size: 25-75 milesProperty Type: Theme/FestivalConcept: Leisure, tourist, retail and service-oriented offerings with entertainment as a unifying theme.
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9 January 2018 | 10 replies
Dining rooms are great for this.
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13 January 2018 | 7 replies
This only works when the size allows, and each house I have done this in, the dining and kitchen were open together.4.
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20 January 2018 | 15 replies
As Amy Wan says so elegantly says... that the Sec giv’em the take em too.
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19 January 2018 | 64 replies
I'm currently doing one house where, while checking a soft spot in the kitchen floor, I discovered the floor joists in the kitchen, dining room, and living room were bad.
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28 October 2019 | 14 replies
You tell me which one do think will have the best presentation, offer the most enjoyable dining experience and offer the highest quality?
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27 January 2018 | 6 replies
The Motel is the only apartment/lodging within 20-50 miles in each direction and 11 hours from Dallas Fort Worth, Texas.11 units total with 10 flexible apartments and lodging and 1 unit for Management5 one bedroom or suite units with separate living room, kitchen and dining area2 studio apartment units with two double bed overnight units and one single bed overnight units4.3 Star Trip Advisor Rating -- 23% repeat businessTurn KeyTerms: Owner Finance - No Qualifying Loan for SellerPrice $350,000 w/ Down Payment of $50,000Interest 5.5% for 40 YearsPrincipal Pay Down - $10K or less = +2%, $10K plus = +4%, $20K plus = +4% (For example, I put $10,000 towards Principal and receive bonus of $10,200 applied toward Principal.)Income:Gross Income for 29 months (6/2015 - 10/2017) = $168,888.00Total Expenses for 29 months (6/2015 - 10/2017) = $81,200.00Net Income NOI for 29 months = $87,688.00Monthly Net Income = $3023.00Annual Net Income = $36,284.68 (Average for 29 months)*Gross Income for October 2017 = $6987.00 (Sturgis Rally)Gross Income from monthly apartment rentals @ $599/month per unitGross Income from overnight rentals @ $68/night per unit *(For 2018, raised to $73/night)Monthly units @ $599/month have been as high as 6 units per month, yet varies!
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22 January 2018 | 0 replies
The Motel is the only apartment/lodging within 20-50 miles in each direction and 11 hours from Dallas Fort Worth, Texas. 11 units total with 10 flexible apartments and lodging and 1 unit for Management5 one bedroom or suite units with separate living room, kitchen and dining area2 studio apartment units with two double bed overnight units and one single bed overnight units4.3 Star Trip Advisor Rating -- 23% repeat businessTurn KeyTerms: Owner Finance - No Qualifying Loan for SellerPrice $350,000 w/ Down Payment of $50,000Interest 5.5% for 40 YearsPrincipal Pay Down - $10K or less = +2%, $10K plus = +4%, $20K plus = +4% (For example, I put $10,000 towards Principal and receive bonus of $10,200 applied toward Principal.)Income: Gross Income for 29 months (6/2015 - 10/2017) = $168,888.00Total Expenses for 29 months (6/2015 - 10/2017) = $81,200.00Net Income NOI for 29 months = $87,688.00Monthly Net Income = $3023.00Annual Net Income = $36,284.68 (Average for 29 months)*Gross Income for October 2017 = $6987.00 (Sturgis Rally)Gross Income from monthly apartment rentals @ $599/month per unitGross Income from overnight rentals @ $68/night per unit *(For 2018, raised to $73/night)Monthly units @ $599/month have been as high as 6 units per month, yet varies!
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24 September 2019 | 17 replies
With the types of people that rent my 22 STRs, dining rooms are a waste of space.
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12 February 2018 | 13 replies
Great room (Wall in back of couch open to kitchen) Reface fireplace (area over windows take out if not necessary) kitchen (removing wall and opening to GR) Room across from kitchen (dining area) Loft area at top of stairs Finished attic space (closets to the right side) Attic space over garage One of the 2 other bedrooms (not including attic)