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17 February 2025 | 1 reply
Factors Behind Supermarket ClosuresSeveral key factors contribute to these closures:- Aging Infrastructure: The 20-year-old store requires significant renovations to remain competitive.- Loss of Alcohol Sales: Price Chopper previously sold alcohol but stopped in recent years, potentially impacting revenue.- Triple Net Lease Costs: Rising property taxes, borne by the tenant, add financial strain.- Increased Competition: Discount retailers such as Walmart, Target, Aldi, Dollar Tree, and Family Dollar provide alternatives that attract budget-conscious shoppers.A Closer Look at Worcester’s Retail LandscapeA brief examination of supermarket properties in the area highlights financial and logistical challenges:- 29 Sunderland Road: Built in 1960, this 46,050-square-foot property sold for $4.1 million in 2022.
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11 February 2025 | 6 replies
You could make this work ST, MT or LT, depending on how you approach it - the key with unique grounds is owner-provided upkeep and service built into the listing and what permits allow.
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23 February 2025 | 18 replies
Passive income is certainly the name of the game - building a real estate portfolio and creating generational wealth are key ingredients to long term holistic financial health and success.There are fantastic real estate investment opportunities in various markets, particularly in the Midwest and Southeast of the country.
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13 January 2025 | 1 reply
There are four key principles that guide me:- Consistency is everything- Never stop learning- Take Action- Value relationships over everything else1) Consistency is everything There are multiple things that I do every single day- Read – 10+ minutes.
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21 February 2025 | 10 replies
@Nate WilliamsWith one income, two kids, and limited cash flow, minimizing risk is key.
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24 January 2025 | 12 replies
You cant view a lot of FL probate dosuments directly from the recorders site but you can get the key people (petitioner/decedent) then combine with the case type (summary vs formal probate admin) then look through property records to see if they own property and whether there are encumbrances.
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21 February 2025 | 10 replies
Having realistic expectations was something I had to accept early on.Property managers are going to be key for your investing as well.
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8 February 2025 | 6 replies
And what is your price point and are you looking for a turn-key property or something along the lines of a "fixer upper"?
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10 February 2025 | 5 replies
Having a strong support system and the right mindset is key to real estate success.
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6 February 2025 | 18 replies
SFH/LTR turn-key is a great way to invest.