Of course when the risk free rate is sub zero, those with capital are urged to deploy it (allow known as quantitative easing).Of course there are many other factors like operator experience, specific market, specific deal etc, but generally this is one of the largest factors.

In my experience in the Poconos, 3-bedroom properties typically attract smaller groups—like couples with a kid or two, or two couples with maybe one child each.

If this house was listed at market price and 10 others in that area had the same experience then yes we would call that a sellers market.

Hey, based on my experience, most parts of Rochester has a better ROI.

Generally you dont know a bad PM until they mess up and you dont know a good one until you have a little experience with them.

In my experience with distressed tenants, their housing costs are always their first priority, and one in which they have the most pride in maintaining.

In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.  

I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC) out of the next one.I am going to look to find a financing partner to cover the carrying costs of the next flip.On a $400k house (average for my area), the total investment would be $85-$95k and would be paid directly to the lender and subs/suppliers, not to me.I can bring the lender, as I have a good rep with the one I use.I will do all the rest.

Tell us about your most surprise or hilarious experiences, and whether the journey was worth the excitement!

I'm a out of state investor, opened up an LLC. bought property in this LLC Free & Clear and now need money out of these property to pay off some loans and bank is telling me that after Covid they are not giving money out.