I'm stoked on the amount of growth and ever increasing quality of posts and topics I'm seeing.Short questions: What is the best method, or your personal recommendation, for transitioning Mom and Pop power retail shopping centers into properties with multiple National Credit chains as tenants?

I would want rental escalations in there.I have other clients in Austin with retail projects ongoing.The 7,000,000 what kind of cap rate are you putting on that?

If we use a very basic $20/sqft number to roughly calculate repairs (a back of the napkin place to start if you're rehabbing for retail), you would get a repair cost estimate of $22,000.

I'm in Oneida County, and have been doing creative real estate, wholesaling and wholesale to retail deals for the past 2 years part-time.Where do you want to start learning?

We run 3 full time crews that directly work for me that handle the 80% of the rehab; the items that need permits pulled, we sub that out to licensed trades that give us well beyond 50% discounts off retail due to the volume we give them in our Turnkey and Property Mgmt biz.  

Investor business is way small compared to retail.  

It just doesn't have the updates that typical retail buyers in this price range expect when they purchase. 

You have the benefit of refinancing your money back out on each deal, so that will allow you to add to your portfolio at a good pace.

Since graduating high school I have been in and out of the University of Washington, worked multiple retail jobs, worked on several home remodel jobs and ran an exterior house painting company for several years.

I rehab the homes, put them on the market and resell them to retail buyers or wholesale them to other investors.