Best,Drago

Break down your expected rents and occupancy rates per season (e.g., peak season, off-season, shoulder season).Weighted Average: Calculate the weighted average for the year by multiplying the expected rent by the occupancy rate for each season.

For due diligence, since you're new to industrial real estate, it’s best to engage a third-party firm that specializes in property assessments or partner with an experienced investor.To structure your involvement, if your spouse is a licensed agent, she could act as the buyer’s agent to earn a commission.

Best of luck on your journey, and feel free to reach out if you need any advice!

That's a good size area so I would continue to market and figure out which way can convert the best.

Hi Timothy,I would suggest that if you’re not experienced with cost segregation studies, it’s best to hire a professional to do it for you.

I would love to build a portfolio, if anyone can guide me to which pockets are the best for rental and brrr method in Memphis would be a great help since I'm not local to memphis.

You can type in the properties address and it pulls data from airbnb and other short term site to give you from what I've read a pretty accurate estimation of Occupancy rates and income.

The best real estate advice I ever received was from the CEO of one of my first employers who became an impactful mentor of mine.

Quote from @Nathan Gesner: Quote from @James Wesley: Yes, I am doing my best at educating them, but just doesn't resonate.I believe the difference between a hotel's hot tub is that it's commercial system with a larger filtration system, not a standalone residential product.No, it doesn't need to be drained every time.