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26 December 2024 | 6 replies
Because the owners of Licensing Experts pay ALL CASH, the closing usually occurs 3-6 weeks, which is very fast compared to traditionally financed commercial deals I've seen on Bigger Pockets.The whole thing hinges on their very clever technique of getting existing commercial retail tenants engaged, willing to move into their newly acquired properties who are coming up for a lease renewal or lease expiration, rather than marketing for new commercial tenants - which would take way too long.Licensing Experts is somewhat of a "front" for their Mentorship Platform, as they evidently have many of their own separate entities for which they use to actually purchase and close on their commercial properties assigned by their mentees.
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20 January 2025 | 19 replies
Since I bought the duplex, I have noticed that ReadyREI tries to limit property viewing as much as possible, and I believe that the reason for this is clear - it is to hide issues and the condition of the property as much as possible.When I first spoke with Ready REI, I was told that they provide a “turnkey” house, that nothing needed to be done to get it ready for occupancy.
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7 January 2025 | 8 replies
Vitaliy Vitality, this has been the best reply I have received on this platform yet.
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1 January 2025 | 36 replies
I have been thinking small office or retail (which I have experience in); larger multi family (10-20 unit), RV Storage, and have even thought about beach front hotel, or at least ocean view hotel.
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8 January 2025 | 38 replies
What I view view as a blunder, other may not.
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31 December 2024 | 13 replies
Platforms like Furnished Finder can help you find the right renters too!
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5 January 2025 | 18 replies
All the posts do a good job of highlighting the importance of a long term view when acquiring property.
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4 January 2025 | 35 replies
It has greatly lagged Huntsville and Madison in growth and appreciation, and should not be viewed as having the same growth potential whatsoever.
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2 January 2025 | 18 replies
Then adjust based on both your and their view of the world.