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20 October 2024 | 2 replies
Demand, quality of tenants, etc.According to my analysis should give a 12% CoC return but this is my first commercial property purchase just like some insight or if I should pursue other forms of commercial real estate.
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21 October 2024 | 10 replies
The USPS has historically entered into 5-year leases with this property.
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20 October 2024 | 4 replies
However, there are legal structures in place, such as leasehold agreements, that allow long-term control of property.
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18 October 2024 | 4 replies
TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Mai...
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28 October 2024 | 13 replies
I have the same thing in all my properties and can connect in remotely using the same app and login.
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23 October 2024 | 6 replies
Neil cool and what do you expect the effect for real estate investors in this market?
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16 October 2024 | 11 replies
I have a pretty established net work of real estate professionals in the area would love to connect.
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16 October 2024 | 1 reply
I may be coming back here asking for other recommendations.This post is mainly to see if there is someone who is familiar with the real estate conditions in Wayne County who will share their thoughts with me.
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27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
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22 October 2024 | 19 replies
I am new to Bigger Pockets and to real estate and would love to get some good information for starters or to just discuss.