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30 January 2025 | 10 replies
If you're looking for cash flowing markets.. a lot of investors, including myself, are looking in cities like Cleveland.
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28 January 2025 | 8 replies
Would be curios if folks have also just included the cost of utilities at this price and left it unpermitted.
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4 February 2025 | 26 replies
I wanted to get in on the ground level with the hopes of growing with their brand new education company but quickly saw how they operate and realized that’s not what I wanted.
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23 January 2025 | 6 replies
Include a sweet outdoor area maybe with a pergola, jacuzzi feature.
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24 January 2025 | 10 replies
It seems like it "should be" good with some good features for the price (specifically I'm looking for an easy way to sync pricing across platforms including my website).
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10 February 2025 | 7 replies
Get Familiar with Financing: Educate yourself about different financing options available for commercial properties, including conventional loans, hard money lenders, or seller financing.
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16 January 2025 | 6 replies
The risk is not including due diligence caveats in your offer, like inspections.
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31 January 2025 | 7 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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23 January 2025 | 2 replies
It's packed with strategies and mindset shifts that have propelled countless entrepreneurs, including yours truly, to extraordinary achievements.
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22 January 2025 | 14 replies
In the pitch I include just a couple of my projects from the last year as a reference to my experience.