
8 March 2024 | 2 replies
Can anyone advise on an auto pay platform for commercial tenants where the landlord has control of making changes.
9 March 2024 | 17 replies
They will often want a new building constructed and building today with labor and materials is very expensive versus retrofitting existing building.When I buy value add vacant buildings the goal is to double the return on investment within a 3 year period.So if I can use the existing building and retrofit to same concept ( example previous burger inc. but now Whataburger wants to come in ) then not as much tenant improvements to convert.So if rent 20 a foot for 5,000 ft that is 100k NOI NNN a year. 7 cap value is about a 1,400,000 stabilized valueSo if I buy it for 400k and have 300k in it more 700k to get new tenant in the value is then around 1,400,000 based on NNN 20 a foot and a 7 cap rate exit value.If you want a premium price then you would need to sell to an end user tenant ( regional or national in nature) that wants to buy the building and put their concept in there.

7 March 2024 | 1 reply
Welcome to the BP family @Chris Sargent !

10 March 2024 | 13 replies
Controlled sharing of information is also a reality.

9 March 2024 | 12 replies
Welcome to BP@Nir Berko, we noticed you aren’t a Pro member at this time and we would love to offer you a 20% off discount to start taking action in investing with confidence!

8 March 2024 | 4 replies
For the front end ratio I use: Gross Monthly Income >= 3 x RentFor the back end ratio I use: Rent + Monthly Debt Payments <= 45% x Gross Monthly IncomeIn this way, debt is considered in a consistent way in determining if the applicant can afford the rental.

8 March 2024 | 9 replies
Hey TK, welcome!

9 March 2024 | 261 replies
The skill is to qualify them by taking control of the conversation in a way they dont realize your doing it..

9 March 2024 | 5 replies
Lots of risk that you can't control and it is taxed as Ordinary Income plus the IRS will see you as self employed so you will pay all of the Social Security tax and perhaps a 2.5% extra tax if you make over $250k.