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13 June 2024 | 4 replies
Reducing your debt will improve your credit score, making you more bankable when the time comes.
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13 June 2024 | 3 replies
Adjusted basis is purchase price plus improvements less depreciation.
13 June 2024 | 7 replies
Example:If you sell now, you lose $40,000 in REALTOR fees plus the improvements you made.If you keep it, you lose $4,000 a year.
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14 June 2024 | 5 replies
Maybe the tenant actually improved the place?.
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13 June 2024 | 2 replies
If you are on the run, make a note on your phone and then set a reminder to post it later when you have more time to improve it.- Bullet lists are great and easy to read when appropriate.- Spacing between thoughts also makes it easier to read than one big paragraph of TLDR.
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18 June 2024 | 83 replies
The hwy that allows access to rural communities will be improved rural internet and cell reception.
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13 June 2024 | 8 replies
This gives me authority to improve things to my benefit.
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15 June 2024 | 30 replies
Fortunately, our software provider continues to improve their product and allow owners to select alerts they want and don't want.Next, we've asked our software provider to add a feature that would allow our owner clients to select from: Immediate Alerts, Daily Alert Summary, Weekly Summary, Monthly Summary.Of course, we call owners when there's a critical issue.
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13 June 2024 | 6 replies
Once you narrow the market down then there are also development factors, demographics, jobs, city investments and improvements.
13 June 2024 | 2 replies
It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?