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22 November 2024 | 13 replies
Also, make sure you account for broker commissions if you choose to use one to lease your building.Best bit of advice I have, get in touch with a local commercial broker who specializes in that asset class if you haven't already.
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23 November 2024 | 38 replies
Choose a reliable property manager with solid tenant screening, monthly management fees, and average vacancy rates.
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9 November 2024 | 5 replies
Choosing the best first property depends on the timeline, learning opportunities, financial comfort, and property appreciation and market demand.Good luck!
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17 November 2024 | 5 replies
This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.
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19 November 2024 | 3 replies
Involve the agent you choose to list the property.7) Get the work done.
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15 November 2024 | 32 replies
. -- but, which one would you choose and why?
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1 December 2024 | 91 replies
The days of choosing any RE syndicator and getting better than 20% annual return are over.
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17 November 2024 | 18 replies
So to sum it up identify the type of investor you would want to work with and depending on who you choose to work with there needs will differ.
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15 November 2024 | 4 replies
Will some people invest, yes - but if you had two of the same products and one that was doing it the way it has been done for 100 years and one with the new technology for investing, the people with the $ typically will choose the old school way and not want to be caught up in the next FTX. 3.
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18 November 2024 | 14 replies
If you charge market with a few reviews, why would I choose your unit over similar priced unit that has dozens of reviews?