One can't just do a conversion like that at will, commercial is not a singular universal designation. 

But what a lot of people don't talk about when discussing the Cleveland real estate market is how much they're building up the downtown Cleveland and University Circle areas. 

Warm regards,

That being said, it is almost universally believed that to arrive at a cash flow number one “modifies” the profit and loss statement by adding back not cash expenses such as depreciation.BUT, here’s my issue.  

Thank you so much for the warm welcomes.

I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS-  low prices-  blue collar overall, meaning lots of resources for contractors-  growing university, consistently growing rents-  I expect to see an actual 10% cap rate here, higher if the property needs work-  compared to downstate, permitting, evictions, etc. are simple and quick-  no code compliance inspections required on existing multifamiliesWEAKNESSES-  no. natural. appreciation.

Yes by 7 pm it gets a bit too warm, but then we sit outside in the shade where it is cool and start opening everything up around 8 pm.

Warm regards,Logan Winn

Pay it forward, the universe will reciprocate if you helped someone out who is in a tough scenario. 

We may have a potential sub 2 deal in University Park.