So please just go do your podcast, and educate people on how to stay safe doing deals, growing wealth, being safe, and learning real estate concepts.

SherryDallas, Fort Worth, Denton, Austin, Houston, San Antonio  I just came accross this post and I have opened my own brokerage about a 1 and half now, and I was just wondering if your brokerage concept that you posted worked out in the way in you wanted it to.

If it could not be rented then my guess it will valued at the same concept of CAP rate.

The concept seems better than new construction in terms of project time, but I'm wondering about the cons to this idea with exception of price being an obvious one.In theory it seems scalable and efficient, in my mind acquiring the land suitable would be the hardest task.

Investors need to know and understand this concept as it is a big one in their wealth accumulation. 

Each of them sought the property for their primary purpose of worship/office/etc, and then sought out additional uses as well - nursery school, food bank, place of worship for a Jewish congregation (Saturday versus Sunday), auxiliary space for the local library that needed additional educational space, counseling, etc.There is merit to your concept, but many factors come into consideration:  zoning, parking, how easy it is to "convert" space, etc. 

@Johnny Wolff Would say it depends on the city.We used to manage a property in Royal Oak, Michigan under the same "roommate" concept as you.

Interesting concept, for sure.

If You can t grasp the concept of ConC returns with triple net leases you won t be able to minimize risk.Walgreens triple net leases a building and runs a retail business within the building trying to attract customers thru it’s doors.

Here are the sample journal entries for the accounts you mentioned:1.