Food for thought.

Hello all,Like most people in Cook County, my property taxes have climbed higher again this year.

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.

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.

Mix FOOD color with tap waterb.

@Miguelli Fernandez here's some other food for thought!

Just some food for thought as you're going through the motions :) it is absolutely negotiable, before you close the loan. 

My county is Very concerned about “occupancy and overcrowding”, so they made an ordinance that says, “A group of not more than three (3) persons not related by blood or marriage living and cooking together as a single housekeeping unit.”

So there are a lot of questions that go into an answer to your question, @Taylor Cook

If its local to me, I'll hire one of my kids friends to live there for awhile.... give them some food $$ and have them crash in the unit rent free for a few weeks.