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20 August 2024 | 4 replies
Some U.S. banks may be reluctant to offer mortgages to non-residents, so you might need to look into Canadian banks with U.S. branches or specialized lenders who cater to foreign investors.Legal Structure: Setting up the right legal structure (like an LLC or a corporation) is crucial for liability protection and tax purposes.
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20 August 2024 | 19 replies
I'm ok with Vietnamese food (off Bellaire maybe?)
21 August 2024 | 182 replies
Price controls on food , its all BS .
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20 August 2024 | 64 replies
What about caterers and the health department?
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19 August 2024 | 7 replies
We've decided to take our aesthetic to Dallas, for several reasons both business and personal but we're excited for this next chapter of building.Outside of real estate, we like to take our dogs to the beach/park, try new foods and sharpen our RE skills.
19 August 2024 | 6 replies
Hopefully you did not pay too much for the dirt. 1 acre is optimal these days because of desired double to triple drive thru for QSR.It can become a problem because if they make the building smaller you get less rent but they do more sales.Example a QSR used to be 3,000 to 4,000 sq ft but now instead wants double drive thru's as not many go inside for fast food like pre-covid.If you get 1,000 a foot less at 30 a foot you just lost 30k NOI and now at 5 cap example paying all cash NNN once developed you have lost 600k value.It can fine as long as you do not overpay for the land.
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20 August 2024 | 15 replies
Our average daily rate(ADR) is high for our STRs, and we provide many amenities to cater to a more luxury clientele, but because of that guests have very high expectations when they book.
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18 August 2024 | 12 replies
It might be worth looking into specialized insurance providers that cater more to investors with rental portfolios, as they usually understand the nuances of long-term investing and tend to be more flexible.Also, if you're investing in certain markets, like Indianapolis, where property values are lower, you can sometimes balance these insurance hiccups with much better returns on your investments.
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23 August 2024 | 181 replies
reireply was built for personal use by a nationwide wholesaler and then eventually opened it up for subscription users so their purpose is not so much to cater to new folks, but their own use.