3 May 2024 | 12 replies
Most brokerages will have a retail investment sales team and likely a retail leasing team.
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3 May 2024 | 1 reply
mixed use residential conversion of retail space to str units plus real estate office, two restaurants space tenants What made you interested in investing in this type of deal?
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6 May 2024 | 23 replies
I don't invest in multi-family properties myself but one of the Bigger Pockets frequent contributors on these threads is Brian Burke, who quite literally wrote the book on this, I am buying a copy myself, but please read, i think an ebook available too, I do passive investing only in multi-tenant triple net retail but have spent hundreds of hours doing my own due diligence.
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3 May 2024 | 7 replies
"Commercial" could mean a lot of things: industrial, retail or office, typically.
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2 May 2024 | 4 replies
I have not done too many deals in your market, and I anticipate things are nuanced depending on the property type and condition and based on the personality of the owner....BUT it is common and customary in my world, which is usually retail/med office, for tenants to have at least some time of free rent during the buildout.We usually structure things as follows, and you can change the number of days around but this is traditionally what we at least shoot for when we have a tenant we are repping.- Lease commencement date is to be the 6/1/24 or when the landlord's work is complete. and we traditionally have penalties in place if the LL's work takes too long and pushes us past our initial timeline.- then we typically have "rent commencement" or when you start paying rent, to be the earlier of either 180 days following lease commencement or when you are open for business.
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2 May 2024 | 20 replies
I deal in mods on both the retail end and specs.
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3 May 2024 | 23 replies
But, for all the Minimum Wage Slaves that work in the Retail and Service businesses, it made the Rents double and triple at a time of Inflated gas, food, medicine to where my old tenants call me begging for help to find a place to move to.
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9 May 2024 | 159 replies
I did the new construction when there was go zone tax bene,s what I found out though 10 years down the track to retail them they needed to be almost totally redone to match what new builds were doing in the same area.
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4 May 2024 | 66 replies
I’m going to attend and see how the process works and try to network a littleDirectly buying the Tax deed has been at almost retail price from what I have seen.
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2 May 2024 | 13 replies
One of the reason prices are all over the place is many local investors/turnkey providers sell to OOS investors above retail at the 1% rule.