James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
The next RE play is going to be building ammo stores on the interstate and state lines between CA and NV and Oregon and WA and ID..
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
You also don't need to do a traditional long term strategy, is there a draw the area that playing host to a traveling nurse or other professional/student would be interested?
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
So if you had 20 of them, you're talking about a huge retirement kicker that you can build.If you're up there higher in age (i.e. 40's or 50's), then the long play doesn't make as much sense.
David Morovitz
Sunrise Capital or Wellings Capital - MHP investment
30 December 2024 | 7 replies
It’s stable cashflow and long term appreciation and tons of accelerated bonus depreciation on taxes. like most anything in real estate it’s a long term play.
Adam Macias
"A Salary Increase Makes You Happy Once A Year"
1 January 2025 | 0 replies
Money makes you happy only so often.But a good place to work keeps you happy every day you show up.Yes, 𝗺𝗼𝗻𝗲𝘆 plays a vital role.But 𝘸𝘩𝘦𝘳𝘦 you work?
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
We have two hospitals, Timken Company, Diebold and of course the Pro Football Hall of Fame!
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
This platform has played such a key role in my journey over the years.
Giacomo Matthew Degl'Innocenti
Decency of treatment and unfair losses
26 December 2024 | 11 replies
Well Giacomo, Sometimes you are the football and sometimes you are the foot.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
2 February 2025 | 9 replies
I can't recall one ever sticking around to play it out.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.