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17 June 2024 | 8 replies
I'm very excited to get started with building my investment profile.
17 June 2024 | 8 replies
As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables.
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18 June 2024 | 14 replies
That way I can also build more capital to invest elsewhere.
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18 June 2024 | 16 replies
You could buy stock in the Empire State Building, which I believe is still a single asset public REIT.
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17 June 2024 | 2 replies
I am looking at a mixed use building in the 6 to 12 unit range in an expensive area of the country.
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14 June 2024 | 3 replies
I've reached out to multiple insurance companies that are saying they won't insure a building that old.
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18 June 2024 | 121 replies
I did reach out to one private individual that had a building listed in my area that was of interest, and although priced right at retail the numbers that were provided were so "high level" and lacking any detail that I didnt pursue it any further.
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16 June 2024 | 7 replies
However, the power of leverage will make you very wealthy in only 10 years or less when you factor in your monthly cash flow, principal pay down of your mortgage and 5% appreciation.
13 June 2024 | 2 replies
It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?
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18 June 2024 | 26 replies
Do you know anyone in those cities or do you have to build a team to trust from scratch?