Over the years I've gradually learned that these are mostly just lender specific requirements, though I at various points (and as an industry insider!)

Now, smaller retail shops like this usually have relatively high turnover (if the tenant is not already living at the property).

I am also a roofing Contractor that manages insurance and retail projects all over PA and NJ.

Upon tenant turn-over, there is the opportunity to further divide the rentable spaces to accommodate up to a total of 8 retail tenants, increasing tenant diversification.

To be more upfront, it's extremely time-consuming and you'll face a lot of rejection, similar to that of any sales industry.

I am currently working in the construction industry and am currently raising/saving $10,000 for my FIRST househack.

Hi Everyone, I've worked in the multifamily industry for the past 6 years and really like what I'm seeing from the BP community, podcasts and education info.

You may have a difficult time finding some options.The good news is the available options are not much more than if you were renting out to lower risk retail tenants.

Hi Everyone, I've been interested in getting started on entering the CRE industry personally for a while now and have finally taken additional steps towards getting that 1st property through joining this great community.

If you are putting in mid-level finishes, such as laminate countertops, don't use a comp with high-end finishes such as quartz countertops.Step 5 - What you choose as your target acquisition cost formula depends on your and your business model and is not an industry standard.