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24 July 2024 | 6 replies
One became an enterprise, one became a veterinary office, one got demo'd and had 10-15 townhomes built on the property, and there is one in my neighborhood that has been for lease for a couple years now and still vacant (not sure if the owner is really just land banking it, since he owns the adjacent property too, a former medical supply store).All that being said, I do not see this property as being something that will be easy or cheap to re-lease.
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27 July 2024 | 26 replies
I'd say stay around the university or medical center, but you'd have a hard time finding a property that cash flows at 8% interest.
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27 July 2024 | 108 replies
In the US, you also have medical and I have no idea how much that is (I'm in Canada).
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25 July 2024 | 24 replies
Perhaps they have an issue going on such as a medical or family emergency and another agent is handling some of her business in her absense. 2.
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23 July 2024 | 7 replies
I have a tenant who terminated their lease early in writing due to medical reasons.
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24 July 2024 | 14 replies
Both my husband and I work in the medical field & traveled for a few years, so we are interested in hosting traveling nurses in Nashville.
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22 July 2024 | 12 replies
Most insurance companies will throw $500-$2,000 to someone for medical if they trip and fall on something, as long as it isn't seen as a hazard that should be fixed.
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24 July 2024 | 17 replies
We are 5-10 miles from a handful of major medical centers and facilities.
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22 July 2024 | 22 replies
I understand this is the way syndication works with multifamily properties because the operations are generally only a few people, however, in senior living, the operations are much larger and more litigious because we are providing 24-hour care, medication management, meals, transportation, activities, etc.
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20 July 2024 | 11 replies
Best, Justin Hi Justin - as you've noted - DSCR Loans are typically the best bet for this (Mid Term Rentals) and typically are for these newer/innovative strategies as DSCR Loans are typically done by private lenders that can move and adapt fast (versus slower moving lenders that must follow GSE guidance or banks that are under a lot of regulation and bureaucracy)Check out this article published at the end of last year here on BP that talked about "whats coming next for DSCR Loans in 2024" - Medium Term Rental financing solutions was one of the main topics!