![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2028871/small_1733457819-avatar-kevind522.jpg?twic=v1/output=image&v=2)
7 August 2024 | 1 reply
Hey @Kevin DuongAmenities and Needs:-Location i.e. close to amenities, parks, business, restaurants, bars.Similar features they would find in comparable rentals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3093471/small_1722887383-avatar-edene7.jpg?twic=v1/output=image&v=2)
5 August 2024 | 3 replies
I am a current restaurant owner who is looking to become eventually full time real estate investor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2731413/small_1694705625-avatar-guillermos41.jpg?twic=v1/output=image&v=2)
13 August 2024 | 69 replies
Many Multi-family properties now in debt service trouble as the GPs took out very risky 2-3 yr floating rate or adjustable loans so they could cash flow after buying very expensive 3Cap apartments, which loans have gone from 1.5% to 5% or higher, and knowing that obvious and predictable risk since every primate could see mega-inflation coming in early 2021 due to more money printed in 2 yrs than first 200 yrs of country, They "smartly" took out Rate Cap insurance, (cost 50k for a 12 month policy on 10mil loan to cap variable insurance rise about 1-1.5% above the origination level) but now that US 10yr up 10x from 0.31 in 3/2020 to 4.2%, that same insurance policy is 1.5-2.0 million not 50K, so They can't cover the much higher debt service nor buy new cap insurance without shutting down distributions or capital calls.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3093913/small_1722963675-avatar-jessicae125.jpg?twic=v1/output=image&v=2)
7 August 2024 | 17 replies
@Kevin Sobilo I’ve done something similar with a restaurant where I was buying $50 gift certificates for $45 and then charged my B&B guests more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2275909/small_1677785412-avatar-dillonc52.jpg?twic=v1/output=image&v=2)
7 August 2024 | 17 replies
Reminds me of Austin a bit with all the live music, breweries, art shows, restaurants, downtown area (of course beach area too), amazing new Pier, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3091571/small_1722633375-avatar-paulw463.jpg?twic=v1/output=image&v=2)
6 August 2024 | 3 replies
There are nice restaurants 10 minutes away by foot, and a developing scene.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088870/small_1722362091-avatar-jaimef48.jpg?twic=v1/output=image&v=2)
7 August 2024 | 6 replies
Like replacing remodeling a restaurant you purchase with new interior, grills, fryers and coolers... you are investing in the long term of your business.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2920140/small_1705296118-avatar-kevins1319.jpg?twic=v1/output=image&v=2)
8 August 2024 | 17 replies
“Force Majeure” means: hurricanes, floods, extreme weather, earthquakes, fires, or other acts of God, unusual transportation delays, wars, insurrections, civil unrest, or acts of terrorism, governmental actions and mandates, government shut downs, epidemics, or pandemics, which, by exercise of reasonable diligent effort, the non-performing party is unable in whole or in part to prevent or overcome.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2950445/small_1708227298-avatar-lanem46.jpg?twic=v1/output=image&v=2)
5 August 2024 | 4 replies
I've seen so many investors in my area start their own meetups... anything from breakfast meetups, lunch at a local restaurant, grilling out/firepit in someone's backyard, etc.