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30 November 2024 | 0 replies
Property Details- Size: 64,000 SF Class A mixed-use building - Commercial Space: 25,000 SF - Residential Space: 39,000 SF (32 duplex apartments, 2BD/2BA) - Parking: 165 spaces Vacancy and Rental Status35% of the prime commercial space (about 10,000 SF) was vacant and not marketed for rent online. 13 of the 32 duplex apartments were rented at 35% discount to comps What made you interested in investing in this type of deal?
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10 December 2024 | 100 replies
And the self-showings, Zillow just did the biggest beta test of this, and it failed epically. unless loosing tens of millions is the goal, if that's the goal than they hit it out of the park.
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4 December 2024 | 8 replies
Brick v.s siding and covered v.s no converted parking also make a large difference and are items that have to be adjusted for.
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7 December 2024 | 25 replies
Parents tend to stay in STR's further away from campus where overnight parking is less of an issue
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3 December 2024 | 6 replies
Rentometer has avg rents at only $1067/mo so I'm also not sure about paying that much for such little rent for a long-term hold perspective when from what little research I've done you can get more elsewhere for the same buy price - maybe someone looking to park money for tax purposes or an all-cash deal hoping for a big upside?
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17 December 2024 | 86 replies
@Jeff Hines I invest in mobile home parks.
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7 December 2024 | 18 replies
Then came the Pandemic, so it was parked mostly.
2 December 2024 | 1 reply
Interest is 18%.for a total of 30.5k in debt.current financial status:1k emergency fund.1k in reserves outside of that.6 month plan:I'm going to japan in march with my sister so i'm currently reserving my money to do cool things in japan as it was my personal incentive to get my *** into gear and get my life together.after that trip i'm planning to tackle my debt in order of highest interest rate to lowest interest rate.I believe i can comfortable put 2500 a month into my finances. so i expect to be able to be debt free roughly a year from march.After that: im planning on parking my money into the smp 500 to help it grow until i have enough money for a downpayment on a duplex to a quadplex and doing the houshacking strategy yall talk about.
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2 December 2024 | 4 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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1 December 2024 | 6 replies
The Condominium is high rise new building w/ high service luxury amenities including concierge services, valet parking etc.