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16 October 2021 | 2 replies
Don't assume Norada or the Offerer will do the due diligence, nor they would stay on top of items to be taken care of after the inspection.
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25 October 2021 | 3 replies
Location: Mid-SouthClass: CUnits: 20 Office units; 200-400 sqft Building Interior Space: 6,600 sqftTenant Mix: Consultants, Counselors, CPAs, Lawyer, RE AgentOccupancy: 85%Characteristics: Slab, Metal siding, concrete parking lot, 2 floors, 3/4 renovatedCapEx: Roof 3 years, 2/4 HVACs replaced, no major upfront fixes based on inspection reportCity Population: 16k County Population: 86k; average 0.93% annual growth over the last 10 yearsCounty Unemployment Rate: 2.3%Job Growth: Not able to find current Data, can’t verify how Covid affected.
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18 October 2021 | 7 replies
Find the deal and then find out what is wrong with it through inspection.
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20 October 2021 | 5 replies
@Brenda Akinyi I bought a property in July that the inspection turned up fire damage under the eaves of both buildings.
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16 October 2021 | 2 replies
My question - if I put in offers on say 5 of them at the same time, but honestly I only want to procure 3 (based on my financial feasibility), and if all 5 offers are accepted, how do I get out of the other 2 (before spending on inspection to back out)???
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28 October 2021 | 3 replies
After walking the units and giving a halfhearted visual inspection I made an offer on the spot.
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25 October 2021 | 3 replies
One easy method I have used to find maintenance issues is asking the tenants during the inspection (if they are on-site).
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27 October 2021 | 3 replies
You want to get it inspected first if you want a certificate.
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25 October 2021 | 4 replies
There are many opportunities between preperation, strategy, inspections and other contingencies to screw things up - or to do a little better.
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31 October 2021 | 29 replies
And if you’ve never done this before I would caution getting a property from a wholesaler because you have no option period no inspection and no one in your corner.