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2 August 2024 | 29 replies
Greetings bigger pockets, I am in the process of purchasing a hotel and casino in las vegas on the strip.
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6 August 2024 | 28 replies
I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.
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4 August 2024 | 0 replies
😂🌍Looking forward to some great conversations and thrilling opportunities!
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3 August 2024 | 5 replies
i see lots of new development near sky river casino and in elk grove florin rd (lennar) .
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2 August 2024 | 4 replies
If you were going to charge then I’m sure Chargepoint has a system (they run the chargers at the local casinos and can be set to free or charge per kw or per minute.)
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1 August 2024 | 8 replies
We then spent around $30,000 out of pocket on renovations, including repairing the roof, upgrading the electric panel, installing new HVAC, and putting in a new kitchen.After completing the work, we refinanced with LendingOne using a 30-year fixed-rate DSCR product at around 7%, which resulted in a net cash-out of approximately $15,000.A couple of things to note:I'm out of pocket on this property for around $40,000 ($25k down, $30k rehab, minus $15k recaptured).I'm thrilled with this amount since it's far less than our "normal" 25% down strategy would require based on the higher value.The property appraised for $330,000 after the renovations.The key point for me is that this property is now netting around $800/month in cash flow.
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1 August 2024 | 2 replies
I'm sure you're having so many emotions (excitement/worry/thrill/etc.) run through your veins as you embark on this journey.
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2 August 2024 | 15 replies
Tampa has a lot of draws, to name a few is Beach, Boating, Golf, Casino, Intl Airport/Biz Travel, Busch Gardens, NFL/NHL/MLB, Concerts/Festivals, and more.I would say Sarasota is a submarket of Tampa but has its own attributes as well.
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1 August 2024 | 6 replies
Of the three you listed, one of them was involved in my evictions, back when I still had management companies and I was not thrilled with communication.
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30 July 2024 | 11 replies
I'm thrilled to begin my first fix-and-flip project in Lakewood, Cleveland.