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4 June 2012 | 5 replies
Whether you achieve your target return or profit is a function of your management.
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7 June 2012 | 17 replies
If you just pay them their money, you'll be rolling in dough and having a whole new lifestyle.
12 June 2012 | 8 replies
The seller may have just put a warm body in place hoping to get a better sales price.
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6 June 2012 | 13 replies
Went to a drive thru, ordered food for the whole family.
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14 March 2014 | 6 replies
John,You do not need all of that.What you need is a good commercial broker with a network of good lenders,title,etc.Each one of those types of assets of triple net you mentioned have their own finance structures.For example a pharmacy you can get in with 5% down and non-recourse with a 25 year term and amort.There are no rent bumps in almost all cases until the option period kicks in and it is minimal.Pharmacies are more like an annuity that you will own free and clear after 25 years throwing off good cash flow when it's paid off but being next to zero cash flow during the term..Until then you get depreciation.The lenders will usually go to DSCR of 1.01.With restaurants most are recourse unless investment grade and the lenders want a DSCR of 1.25 to 1.30.With restaurants you typically achieve rent bumps of 1.5 to 2 percent annually but because of DSCR are putting down 20 to 25% of LTV.How much money do you have today so far??
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28 July 2012 | 7 replies
Bill is right on with rent credits, but that's a whole other topic.
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11 July 2012 | 10 replies
So I've been dealing with one person this whole time.
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16 July 2012 | 22 replies
I was asking because I am new at this and don't know a whole lot.
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10 July 2012 | 9 replies
I think I could have sold tires and been successful, maybe not as successful as in RE, but RE was not the key to success, simply a means to make money, for me it was (is) easy money, but I enjoyed my business, my contributions and assisting others who wanted to achieve something.