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6 December 2017 | 7 replies
You shouldn't worry about who you do your other banking with - be laser-focused on the right commercial loan terms if you're going to finance this to take cash out (vs. selling).I won't be helpful on the selling front, but as per financing, yes, if you can get that early option exercise from the tenant, typically we can get lenders to more or less match the lease expiration with the loan maturity, because it eliminates that risk of an empty property leading to loan default.
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26 June 2018 | 35 replies
My other favorite is "I will either find a way or make one" which I have tattooed on my foot.
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15 February 2018 | 7 replies
Everyone picked their market for a reason and it's incredibly easy to bounce to the next shiny object instead of focusing like a laser on your targets.
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4 February 2018 | 22 replies
The Lessor shall not lease or sell the units within fifty (50) feet of Lessee's demising wall to the following users(s): a) Bars, taverns, billiard halls; b) Pawn shops; c) Dance studios or Karate studios; d) Beer or wine-making stores; e) Psychological counseling offices/facilities; f) Unemployment or Social Security offices; g) Liquor stores; h) Tattoo shops/body art/piercing tenants; i) Beauty/Hair Salons, Cosmetology Services, or Nail Salons; j) Gun and Weapon shops; k) Smoke/Tobacco or Vapor/E-Cigarette shops; l) Child Care/Children's gymnasium; m) Dry Cleaning Plant facility; n) Veterinarian/Dog Grooming/Animal Boarding; o) Gym/Workout facility; p) Same day cash/loan shops; q) Massage parlors (except for national chains such as Massage Envy and the like); r) Police substations; s) Military recruiting offices; ort) Any other non-professional use similar to those listed above.
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1 May 2017 | 30 replies
Build on it with laser focus.
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15 May 2017 | 43 replies
Looking back it's amazing how laser like my focus was.
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13 May 2017 | 7 replies
I always suggest THE ONE THING (Keller) if you haven't read it already... and follow it up with the The 7 Habits(Covey) and get that laser beam focus!
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1 June 2017 | 9 replies
You could buy a laser level for around a hundred bucks and check it once a year for movement.
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7 June 2017 | 15 replies
If the property is not producing enough income, you may find yourself with an asset that costs you money out of pocket every month AND has lost value, and you will sell when the market is low rather than high because you could no longer afford the carrying costs.So, in sum, the best way to protect yourself at this point in the market cycle is to exercise discipline and ignore the sirens who whisper "appreciation" into your ear, and focus like a laser on cash flow.
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30 June 2017 | 6 replies
Stay laser focused on them and they will start to come true!