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27 December 2024 | 0 replies
I then hired contractors for plumbing, electrical, roofing, and HVAC upgrades.
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27 December 2024 | 0 replies
I then hired contractors for plumbing, electrical, roofing, and HVAC upgrades.
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30 December 2024 | 7 replies
The tenants are not pulling/spraying weeds around their building, so it takes me about 30 minutes every month to pull weeds and spray.
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1 January 2025 | 32 replies
Build a relationship with a banker from your home bank.
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1 January 2025 | 3 replies
Best way to scale and build wealth is to 1031 exchange and I can help show you examples here in KC.
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2 January 2025 | 29 replies
I've been researching servicers and building data on a very small list.
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26 December 2024 | 15 replies
If you go to one meeting you can find your contractor, agent, property manager, attorney, and anyone else that you may need.
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17 December 2024 | 3 replies
@Dani Murai, while I can't give you a name of anyone in your area (I am not from there), when you are interviewing contractors, here are a couple things I have seen:I avoid any contractor that has a draw schedule based on percentages, i.e. 1/3 up front, 1/3 at halfway completed and 1/3 at completion.
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29 December 2024 | 7 replies
But he stuck with me I had a 1 mil credit line that they kept in place so I could make money it was on 90 day extensions for 3 years :( but if they had not done that I would have had to give them the keys back on a few commercial buildings I ate 250k negative cash flow on those buildings to make sure the bank got all their money..
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1 January 2025 | 0 replies
This included some landmark deals including Rockefeller Center’s $3.5B loan and Miami Beach’s Fontainebleau $1.2B refinancingAlternative lenders filling traditional banking gaps with short-term solutions which has already begun a cycle of consolidation that will likely continue and accelerate in 2025The Office Sector Divide:CBD property values are down 50.7% from 2021 peaksClass A office properties seem to be in their own vacuum of prosperity with trophy properties commanding premium rents ($100+ PSF nationally, up to $247 in top markets) with strong occupancyHybrid work continues impacting older building valuations which have not faired as well, but this may begin to rebalance as more companies are instituting mandates to return to physical officesChallenges & Opportunities:$1 trillion in loans maturing by 2026Interest rates up from 3.5% (2021) to 6.74% (2024)Experts such as AEW’s Michael Acton and Blackstone’s Nadeem Meghji see the best entry point in the last 15–20 years and we agreeMarket Outlook:Current market conditions present unique opportunities, with inflation-adjusted prices at historic lows and yields at decade highs.