San Diego property - Zero value add and purchased retail in a working class community.

Investors and retail buyers hoping for conditions less favorable to sellers have so far only seen the opposite throughout the pandemic.ABoR President, Romeo Manzanilla, commented: “Our market is now ultra-competitive because of our dangerously low inventory and that is cause for concern over the long-term.

I have experience in investing in various asset classes including industrial conversion, retail, and car wash.

Was unfortunately a hoarder house, but able to purchase and retail flip in just over 90 days.

That's generally where ours fall, too.  20-30% above assessed value is common for retail buyers, but sometimes it's way off.

That versus my other bucket being a sponsor on syndications for retail properties.So if for instance as a syndicator a small deal made you 100k over 3 years but took up tons of your time as the general partner then might be a bad deal if you can transact in that 3 years 600k worth of commissions.Also in the beginning investors can be elated about the POTENTIAL of something.

You need to take a training with a Fund Manager who specializes in commercial single tenant retail.

It will take up a lot of you time and feel like a second job.Based on what you're saying, I recommend BRRRRing light rehabs until you cash flow enough to cover your expenses.And while turnkey properties are very little work, you're buying a property at a retail price that will barely appreciate.How much capital do you have to invest?

Not an absolute but a quick guide to what many lenders are looking for.Properties around 1 million tend to be mom and pop high risk or weak suburban to rural areas.If funds are limited then can look into retail NNN condo's where you rent out one unit in a strip center or a building etc.  

My background is in B2B wholesale (selling fashion products from manufacturers to retailers).I have an interview next week for a company that buys houses cash (think like the "We Buy Ugly Houses" signs).