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17 February 2025 | 1 reply
.- Triple Net Lease Costs: Rising property taxes, borne by the tenant, add financial strain.- Increased Competition: Discount retailers such as Walmart, Target, Aldi, Dollar Tree, and Family Dollar provide alternatives that attract budget-conscious shoppers.A Closer Look at Worcester’s Retail LandscapeA brief examination of supermarket properties in the area highlights financial and logistical challenges:- 29 Sunderland Road: Built in 1960, this 46,050-square-foot property sold for $4.1 million in 2022.
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16 February 2025 | 26 replies
Ability to find properties off market6.
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18 February 2025 | 7 replies
@Jason Munns, are you looking to buy investment properties in the U.S. or Canada?
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8 January 2025 | 7 replies
The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.
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15 February 2025 | 1 reply
Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.
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14 February 2025 | 5 replies
With proactive planning, they should be able to close on replacement properties within the 180-day period.
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22 February 2025 | 3 replies
We also own a rental property.
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12 February 2025 | 12 replies
Quote from @Krista Lance: @Kevin Sobilo @Thomas Talbert Sorry - I should have specified more, I have a property manager for these properties, and they track all of the accounting, etc.
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17 February 2025 | 11 replies
It's a C class property.
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14 February 2025 | 0 replies
The property sold for $154,900 on 2/7/25, delivering a successful outcome thanks to strategic updates and efficient project management.