Challenges?

Hey all,I’m currently looking at a mixed-use commercial property that includes some SRO (Single Room Occupancy) units, and I’m running into challenges with financing.

Additionally, some lenders may offer rate locks, protecting you from further interest rate hikes.By staying adaptable with your financing and strategic with your spending, you can protect your margins and stay competitive in a challenging market.If you need help exploring financing options for your next project, feel free to reach out!

Challenges?

Challenges?

I'm particularly interested in hearing about:Best performing neighborhoodsProperty management recommendationsAny challenges specific to this marketLet's discuss and uncover the potential of Bay City together!

Challenges?

Challenges?

The KEY AT THIS POINT IS ESTABLISHING COMMUNICATION with the tenant because a great option could be cash for keys as @Sean McKee mentioned, but you can't do that without having a conversation.During these challenging times I try to remind myself that the tenant is obviously going through some seriously challenging times and no matter what landlord problems are still "good problems" to have...

Without active income it will become challenging to grow.