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14 June 2024 | 8 replies
I'm particularly passionate about long term investments in Metro Atlanta.Outside of real estate, I enjoy watching sports, running, and spending time with my family!
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14 June 2024 | 3 replies
Additionally, Memphis' pro-business environment, steady population growth, and ongoing revitalization projects enhance long-term investment prospects.
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14 June 2024 | 5 replies
The terms used when describing floodplain areas have specific meanings.
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10 June 2024 | 2 replies
Is it better to do an extension of term of the lease or do a whole new lease?
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13 June 2024 | 1 reply
This trend suggests a robust and appreciating market, making Katy, Texas an attractive city for short-term and long-term investment.High Demand for Rentals: Katy is experiencing inbound migration from major cities like Los Angeles, New York, and San Francisco, indicating a high demand for rental properties.
14 June 2024 | 3 replies
The main motivation for me getting into wholesaling was the fact that I need capital to get into long-term rentals.
13 June 2024 | 2 replies
It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?
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12 June 2024 | 14 replies
But running a short term rental is a small business.
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13 June 2024 | 12 replies
Populated areas.In my original post I provided a link on how to find good lenders.
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14 June 2024 | 13 replies
In NC LLCs, we use the term "Interest Owner" which can be represented by a membership interest or an "economic interest."