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27 November 2024 | 16 replies
Lord knows there are a lot of fancy, online GP's now with beautiful websites, YouTube channels, and 10 people in their investor relations department but only 1 inexperienced guy in their acquisitions who couldn't underwrite a lemonade stand.good luck :)
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26 November 2024 | 3 replies
I was on a Senate Steering committee way back in 85 on how to deal with all the platted antiquated lots in CA. there are millions lots created before the modern rules and these lots exist today but many are not buildable and are traded back and forth from tax sale buyers to retail buyers who dont realize their 5k lot in CA is non buildable.So there was a big conference in FT.
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22 November 2024 | 7 replies
I am barely looking at them because with my underwriting (that some would consider conservative), even properties below retail bleed cash.
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29 November 2024 | 27 replies
I would need 2 meters per unit, for a total of 4 ($3200 at full retail).
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23 November 2024 | 1 reply
He's not only educated me with over 30 emails where he reviewed my drawings and coached me along, but he also connected me with the departments I needed to get my permits.
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25 November 2024 | 13 replies
What should be a reasonable retail price?
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24 November 2024 | 8 replies
That being said, I'm part of an experienced Syndication Group who invests not only in Multifamily, but also different asset classes: Self Storage, Mobile Home Park, RV Park, and Retail - all to diversify the investment offerings.Reach out, and the next time we have an LP capital raise, I will send you the OM (and obviously info on our company) to review.
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23 November 2024 | 9 replies
I have already discussed with the DA's office and their Anti Corruption Department will be handling it.
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13 November 2024 | 1 reply
After 99 Cents Only filed for bankruptcy in April 2024, 28 stores in Phoenix closed, leaving 632,900 square feet of prime retail space available.
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28 November 2024 | 22 replies
The reason is there is usually a resturant or other retail shop there and now you have customers you would never have that WILL spend money while they wait 20 to 30 minutes to charge.