Richard Naimy
BP Community: What State/Cities are best for MF properties?
28 February 2018 | 9 replies
Further, because permitting for construction of multifam buildings are non-existent in the $750-$1000 per month range, this is a solid category to buy in, here in FL, because overbuilding won't dilute values or rents.... so the economics of each area are huge in determining which markets to invest in.
Account Closed
My First Deal - $4.4 MILLION AND SELLER FINANCING
10 March 2018 | 83 replies
Yes Dave, that was what I was betting on.
Tianyun Zhang
How do you convince your that SO buying rentals is not gambling
27 February 2018 | 32 replies
Discuss her concerns without getting upset, and constructively seek solutions.
James W.
Purchasing "subject to" protections for buyers and sellers
27 February 2018 | 27 replies
I bet you can contact them to get his contact.
David K.
House burned down - what to expect next
10 April 2022 | 41 replies
If homes are selling for that price level, that area doesn't support new construction in the area as it would cost much less to buy than build.
Naeem Kapasi
First Commercial Transaction
8 March 2018 | 8 replies
The tenant attorney and tenant rep broker of course will try to do the opposite of what the landlord wants in ultimate guaranty security of lease, annual rental increases, and long term primary lease term.If you left it up to a tenant they would try 3 year primary lease, blocked rent increases so not annual, sales clause if not at certain level they can terminate or reduce rent, co-tenant anchor clauses, crazy broad restrictive uses for other units in the center, no personal guarantee, no disclosure of personal or business financials per the lease, set up a single entity remote LLC so they can bankrupt it for one location if things go bad, put a ROFR clause in the lease, incapacity clause where if tenant gets sick or hurt they can cancel lease, construction road widening clause where tenant can pay reduced rent while access is reduced to the center, unreasonable CAM cap clauses, etc.I can go on and on with the crap I have seen in leases for my clients buying retail centers where I am the broker.
Terry Lao
is there a vacancy % factor that lenders will not lend beyond
6 March 2018 | 23 replies
The good thing is that this HOA board is made up of 100% investors (since that's the owner make-up) and from my experience these type boards are amenable to constructive criticism, including governance improvements.
Philip Murphy
Seeking a mentor in the Raleigh-Durham area
4 May 2018 | 2 replies
If you want to find a mentor your best bet is a local meet up.
Lori Jones
Laid off before starting...What now?
1 March 2018 | 9 replies
Now this can work, but you're betting on luck to take you there.
Cesar Lara
Newbie from Memphis, Tennessee
2 March 2018 | 10 replies
Growing up in Memphis I worked with my father in the construction business building new homes for these large home building companies.