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23 February 2025 | 5 replies
looking longterm who knows what's going to happen in the market.The largest thing to be cautious about is that with commercial tenants you as the owner often have to put up money in the form of a check or abated or free rent to help the tenant get open for business and build out the space.
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2 February 2025 | 22 replies
I will definitely check it out!
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5 February 2025 | 29 replies
So, an IRR rarely gets taken into account during due diligence, although like most real estate transactions, the exit has the highest potential for return.I'd love to know some average numbers for a turn key.
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5 February 2025 | 17 replies
These people often don't understand lending and have a checklist of boxes to check.
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29 January 2025 | 25 replies
Its no surprise that also took them a week to go and turn it off.I had 2 perspective tenants waiting for over a month with their national background check only to find out there were alternatives we could use to get a report in minutes but they refused to not use that company.Finally I get a tenant after 3 months on the market who is someone who was fully approved by the rent amount was 200 dollars less than market value a month so I agreed because it was just before winter when its harder to get someone in.
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24 January 2025 | 42 replies
The check has been cashed and it's still not settled with me.
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31 January 2025 | 2 replies
Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.
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21 February 2025 | 14 replies
They can identify potential investment opportunities... not to mention all the tenant/landlord laws, eviction process, security deposits, accounting, end of year tax statements etc. lots of pitfalls to be avoided.wish you success in your ventures!
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23 January 2025 | 16 replies
This account stayed at the same number for years but I didn’t really think about it.
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4 February 2025 | 17 replies
Agents are also advising you to look for expensive mistakes (like checking the sewer which could cost 5-40k) and using their network and contacts to find homes off market or FSBO.