Oh cmon @Bill Gulleyhavent you ever seen Bill Murray in Stripes?

David that is such a broad question.Shopping centers vary by age.Generally everything recycles after so many years.For instance if a shopping center is 40 or 50 years old it is past it's life cycle.Generally at that point you tear it down and build new.If a shopping center is say 20 years old many will just reface the outside to make it look new and repaint and re-stripe the parking lots.This is all predicated on if the shopping center still has a viable location or has growth shifted and now the center is int he old part of town.If it's in the old part of town refacing might not make sense and instead you buy at a lower basis to rent to Big Lots,outlet stores,etc. for less money.Still a tenant that will rent from you but at a lower cost because the area has shifted.With shopping centers it's all about the corner and access from 2 points,red lights,traffic volume and flow,etc.Anchored shopping center versus unanchored,tenant mix with credit rated tenant and frachise concepts versus mom and pop operations.Just like with houses you can run into big repairs with older shopping centers.Don't pay attention to current leases as much going in as what is market rent now and any leases fixing to reset.Also need to know level of shopping center saturation in a 2 mile radius depending and could be tighter or bigger in size depending on rural,subrurban,or urban core,and population count and demographic.Hope it helps.

You may need to handle certain parts of the operation differently, such as utilities, cleaning of common areas, pest control, dumpsters vs garbage cans, maintaining a boiler vs furnaces, striping a parking lot, etc. 

The difference with being an agent is you work for that brokerage and they are taking a cut to train you and help you get traction.Nobody starts out on top and you have to earn your stripes in any field.

Be advised since there is no middle man you must add your stripe account and your paypal email and payments go direct to you, oh yes of course they even accept bitcoin.

In my opinion, the deck needed to be replaced and the rotten wood on the face of the house needed to be striped.  

How many times have they been broken into and completely striped just because they were vacant for 3 days... ?

Remember its from 6 to 9 pm at the Arbor Hotel 6401 62nd St. just off Milwaukee behind stripes (Not Harrigans) this time.

I can't let it happen again.To all of the investors here, at what point do you just prepare to earn your stripes in the event you can't find the guidance you need?

I just striped a parking lot this weekend.