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4 January 2025 | 16 replies
Only 100k for all your work barely sounds worth it, with all respect.
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19 January 2025 | 8 replies
I would negotiate a price point that is lower - maybe the 10-12% range above "market".
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18 January 2025 | 8 replies
That said, here are the actuals:Unit count: 13 offices (sizes range from 165sqft to 2,800 sqft - it's a local mom & pop type commercial building in an A-/ B+ town that's growing) Gross Rent: $20,801Expense Ratio: 50.7%NOI: $9,736 (year 1, after vacancy) ---Cash Flow: $2,536 / moCap Rate: 6.5%
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14 January 2025 | 15 replies
However, in private financing it is customary for the borrower to foot those costs.You can find each institution's registered account and arm's-length mortgage guidelines, and fees on their respective websites.
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9 January 2025 | 13 replies
I truly appreciate & respect that.
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13 January 2025 | 2 replies
That is a big part of turnkey investing these days, since rates are in the 7% range.
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22 January 2025 | 21 replies
It'll range from - no problem link a bank account and continue payments to you have 30 days to pay back the loan or we'll default it.
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5 February 2025 | 29 replies
The two that I have held the longest (7 and 6 years old) if sold today would give a true IRR of 9% and 20% respectively.
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22 January 2025 | 14 replies
When I first began investing and relied on friends and family investors I was normally in the 30/70 split range.
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20 January 2025 | 31 replies
The totals come down to $3000 and $550 respectively.