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7 March 2016 | 7 replies
It's all about the guarantor on the lease, experience in that chosen industry, a track record of success, liquidity and net worth of the guarantor, and how easily attachable the assets are if something goes wrong.For instance I would never front money for tenant improvements on a business that is not a proven performer.
16 February 2016 | 6 replies
Past performance is no guarantee of future performance, nor a good indicator of what the property is worth.
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17 February 2016 | 8 replies
The option can {many would say, should} contain the future Agreement of Purchase and Sale (APS), with all the terms and conditions of the future sale, laid out, as a Schedule to the Option agreement/contract.In exchange for the right to purchase the property at the {strike} price established by the option contract, an option fee is paid by the purchaser of the option to the writer/provider of the option.I would keep the two agreements separate (as if they are with two different people) and have no performance ties between them (i.e. no rent credits, no financing of the down payment, etc).
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22 February 2016 | 13 replies
Diligence and consistency in that process is the secret to success to investing in BH.For a little more perspective on the level of revitalization headed to Barton Heights, check out this article.
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23 February 2016 | 4 replies
Last year I started my own investment company with the goal of buying residential and commercial real estate through non-performing notes to build a portfolio of short and long term investments.
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21 April 2016 | 5 replies
You may want to check your state requirements and have consistency across marketing, negotiation, and contract if you opt for Hispanic tenants, who do not speak English.
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18 February 2016 | 4 replies
PLLC is an option for anyone who has a license to perform a service (lawyers, real estate agents, ect.)
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19 February 2016 | 6 replies
The first thing we did was open new accounts (savings, checking, HELOC & credit card) in a new bank to be absolutely sure that we knew how each deal performed and to make tax time easier.
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22 February 2016 | 5 replies
I hope to find a couple great mentors who excel in both real estate and business.Within the last couple years, I have started and continually grown my lawn care business but also perform small remodel tasks and other products related to construction.
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17 February 2016 | 9 replies
Sued for specific performance or damages.