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8 September 2024 | 101 replies
Fortunately, for him, he was filthy rich and owned 25 movie theaters, 9 huge shopping centers that eventually had K-Marts in them and he owned huge commercial properties e.g. factories and other commercial buildings.
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3 September 2024 | 32 replies
The profit center is the coaching program.- Perhaps, once in a blue moon, with a particularly popular “student” or screaming good deal, the mentor actually uses the funds in the account to purchase a property.Do have outright Fraud?
30 August 2024 | 15 replies
Currently I have a Strip Center with a vacancy that has been incredibly hard to fill.
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30 August 2024 | 3 replies
It's possible your loan officer is either unaware of the guidelines or his company has an overlay.As a lender who specializes in VA financing, I reach out to the VA Regional Loan Center of jurisdiction (based on what state the property is in) anytime I have a scenario like this, that way I have VA's position in writing to submit to my underwriters.Aside from the fact that both units are under lease for 10 more months, is there any other reason you could not occupy the home within 60 days?
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29 August 2024 | 8 replies
For a shopping center, banks would require center to be atleast 50% pre-leased before they give you construction loan.
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29 August 2024 | 16 replies
Data center investment in the area is in the hundreds of billions and population continues to grow from people moving here from CA.
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28 August 2024 | 4 replies
That's the job.Good news: once you gain more traction you can leverage a cold calling VA to help with the initial contact (the most time intensive part of the process), I run a call center for Real Estate so I know this can work.
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29 August 2024 | 2 replies
Lease language and terms often dictate how the center operates and the types of new tenants can join when a vacancy occurs, so read every line of the leases prior to purchasing anything.
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26 August 2024 | 0 replies
Great for Airbnb owners!
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29 August 2024 | 38 replies
CCIM, SIOR, and all of the other designations you can amass never teach you how to pick up the phone and prospect for leads, track down growing/expanding businesses to convert to clients, how to manage tenants in a retail strip center, or do the myriad of other daily activities required to be a good commercial investment broker/owner.