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7 March 2024 | 0 replies
Additionally, ongoing infrastructure projects, such as the revitalization of downtown and investment in transportation networks, further enhance the city's appeal for commercial real estate development.**4.
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7 March 2024 | 13 replies
We've done a few deals together in this way and currently hold 10 properties together - with an additional 3-unit closing next week.The basic structure made sense for me to get started - my partner provided the cash injection and I provided the time and effort to find the properties, fix the first couple and/or manage the contractors.
8 March 2024 | 11 replies
Any additional unforeseen issues because of power not being turned on could hurt but won’t completely kill the deal unless major repairs needed.
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8 March 2024 | 6 replies
High is overrated.If you have any additional questions, reach out to me directly.Good Luck!
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7 March 2024 | 2 replies
In addition, owner loaned us $100,000 at 6% simple interest for one year to make major repairs (installed heat pumps, replaced boiler (for heating water only), replaced some siding and major roof repairs.)We were very clear with each other what we each wanted out of the deal.
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7 March 2024 | 3 replies
Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their loan is reaching maturity, they need extra capital, and they are attempting to raise the extra capital from other LPs rather than or in addition to a capital call.They are offering "rescue capital" investors pref equity that is ahead of original common equity investors.
7 March 2024 | 19 replies
The tenant must receive the notice at least 20 days before the next rent is due.
8 March 2024 | 8 replies
Your better bet is to find a long-term tenant to rent a room or more depending on how many additional bedrooms you have.
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8 March 2024 | 21 replies
I'll reach out to connect you. looks like a great read Ill add it to my list
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8 March 2024 | 13 replies
I would have to assume there is power and water (either municipal or well) in addition.