Since it was only a duplex, a smaller capital expenditure, and a very large value add opportunity, I knew re-selling quickly would outweigh a holding period of longer than 365 days.With the new market rents at $1,700 and the duplex now stabilized to reflect market value, the property was listed for sale for $359,000 40 days after closing.

So i have the LAST parcel of undeveloped land in this entire area of South Charlotte.Zoning says they want to see a MOB here.I've met with different large commercial development companies and they want to pay$1.2M for the land( closing someday if the far future)and build a 2 story MOB and lease the spaces to Drs.I was hoping to find independent physicians that would partner to OWN the building for their practices and maybe lease out or sell off any remaining space.I'm finding it a challenge to locate Drs that have a minute to see the big picture and realize that they are paying$17,000 a month for leasing 4000 sqft of space down the streetwhen they could go thru the development process : 0 and they could own the entire 20,000 sqft bldg for less .. owning their $27,000 a month.So i don't want to JV.I just want to sell the dirt for a price that reflects itsunique rare high end location.so how can i add value and attract end users to be owners vs. a big dev co build one more all leased officespace bldg on the planet.

For example, one of my FundersClub investments did another round of financing, and they updated the estimated valuation on my investment based on the new round, so I updated Personal Capital to reflect that new amount.

But that's not a reflection of all property in all prices.

Especially poignant on this particular site where the owner is always trying to sell me books and make me watch worthless webinars full of fluff.

If the condition changes your offer would need to be updated to reflect the change of condition.In this case, I'd say you can't force them to sell you the property, rather you can walk away with your money since property is no longer in same condition.I mean I'm pretty sure it's relatively standard clause that talks about final walk through....

Your example reflects a depreciation in Cleveland that is worse when including an inflation factor.  

As for storage non-payment check with a local lawyer and it should be reflected on the lease.

However, in cold climates, it also reflects heat back into a room, reducing heat LOSS from a conditioned space.

I don't think the property taxes on my other one have "caught up" to reflect the increased price paid for that property (if/when they do, my cash flow will drop a tad).I think this deal is a little lean but it's tempting because it's with the same provider, I trust the PM, and it gets me off the sidelines in 2018.