These things hold their value amazingly well.If I had to guess, if you bought it for 40k and only used 9 or 10 times, the hours on the machine would be so low you could probably resell it for 35k or better (given that their retail value would go up over three years so the discount from say 48k to 40k might even mean you break even)..

Purchase price: $500,000 Cash invested: $70,000 Sale price: $725,000 Creative financing purchase, fix/flip with retail sale.

It should retail for $140k.

LL Flooring, formerly known as Lumber Liquidators, is closing all 430 of its retail stores after failing to secure a buyer during its Chapter 11 bankruptcy process.

I reached out to local zoning departments and one told me it would have to be re classified as a boarding home and or a multi family dwelling.

Departing tenant gives up all rights and responsibilities to the property.

.- McGowin Park developed a huge retail space in 2015 which consists of: 199,500- square-foot retail shopping center containing a future expansion area, five restaurant "pads" and 4.5 acres of outparcel development, and the west development consists of a 148,000-square-foot anchor store with an associated gas station, an 89,600-square-foot shopping center and 7.41 acres of outparcel area.

(As a landlord, I always do best to fix any issue.. other tenant live without any complain and she is the only one...she say she will report health department etc..)Sametime, She keep saying  she want to move to another apartment (1fl for her mother as her mother has some disability ) she wouldn't leave.I didn't like turnover and it is section 8, I was going to let her stay til she find the new home.

As a rule, most areas will not cash flow if you're paying retail for the property.

As a result I ended up with a 40% + annualized ROI.Third example : my partner and I owned a retail center onto which we had placed a $650,000 bank loan at 4% fixed for 15 years.