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24 December 2024 | 3 replies
This often means a smaller down payment and lower monthly payments compared to a traditional bank loan, especially since the seller may not be tied to the high interest rates banks are offering.Another option is a land loan from a local credit union or bank.
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23 December 2024 | 15 replies
The real estate prices are relatively low, compared to the cities & more touristy areas, but the rental returns are good, with a low vacancy rate.
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8 January 2025 | 29 replies
We also have pocket listings like the one she is mentioning but I would ask to see some comparables to make sure the price she's asking is what it's actually worth.
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26 December 2024 | 6 replies
Because the owners of Licensing Experts pay ALL CASH, the closing usually occurs 3-6 weeks, which is very fast compared to traditionally financed commercial deals I've seen on Bigger Pockets.The whole thing hinges on their very clever technique of getting existing commercial retail tenants engaged, willing to move into their newly acquired properties who are coming up for a lease renewal or lease expiration, rather than marketing for new commercial tenants - which would take way too long.Licensing Experts is somewhat of a "front" for their Mentorship Platform, as they evidently have many of their own separate entities for which they use to actually purchase and close on their commercial properties assigned by their mentees.
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25 December 2024 | 60 replies
If you compare ADU addition with any larger development effort , either in size of unit or number of units, the return is greater because building single small unit is the most expensive residential development.
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6 January 2025 | 25 replies
For example, if you have no experience in land development - that is extremely complex and risky compared to owning NNN rentals.
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31 December 2024 | 13 replies
To make sure the project is moving in the right direction, you will compare your progress with the baseline timeline.
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27 December 2024 | 21 replies
your on the right track then.. just compare costs and time involved.. then move forward
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31 December 2024 | 66 replies
This allows the GC to make sure they are comparing apples to apples.