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22 October 2021 | 48 replies
@Pascale Jean real estate Is not that complicated.. start with getting a RE license go work for a good commercial broker or retail broker.. earn while you learn.. wholesaling is very tough with about a 97% failure rate.. also what is buy and hold going to do for you say your lucky enough to buy 1 or 2 and they make 200 a month that's a whopping 400 a month.. most need some sort of career and make money usually in their day job then invest.
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21 August 2013 | 7 replies
What was the retail sales price?
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28 August 2013 | 4 replies
The more pictures, the faster it sells (for a retail product, not necessarily an investor project).
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21 August 2013 | 2 replies
There have been multiple offers on every property we've bid on the last year, and most are going for full retail.
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8 June 2015 | 41 replies
I've purchased a few turnkey properties, at or close to retail, and have not done as well with cash flow or return.
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23 August 2013 | 22 replies
@Joshua Dorkin you did the admirable high road by not engaging with this persons negativity.In my opinion, there are definite distinctions between the terms Flipping, Repositioning, & Building Equity.Flipping is about finding & controlling (not necessarily owning) a mispriced or undervalued with the intention of selling it quickly.Building equity is more about reaping the benefit from appreciation & amortization of time.Repositioning is about improving property value by:1) Shifting to a higher utility ex. raising the income in a "C" class apartment building to a "B" apartment building by adding amenities & improvements to attract renters willing to pay more)2) Changing useex. taking a single tenant commercial or industrial building & changing the use to multi-tenant retail or condominium lofts.
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24 August 2013 | 4 replies
One caller was a investor looking to sell his property at retail value which I eventually spoke him into a seller finance or a lease option, also he wanted to be added to my buyers list.
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25 August 2013 | 16 replies
Don't expect to use same to rate for retail properties as you would for residential.
25 August 2013 | 10 replies
Do you want to control it and sell to a retail buyer?
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26 August 2013 | 2 replies
Most likely this is a condo project which makes financing very very tough for retail buyers, hence the reason the properties are still on the market (Fannie / Freddie have rules to what % of condos can be investor owned, etc.)...