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6 August 2024 | 28 replies
They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck
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5 August 2024 | 13 replies
Please let me know if I am.* I'm happy to help!
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5 August 2024 | 16 replies
If I know I don't have someone coming in the same day (and especially if no one's coming in the next day) I'll push the cleaning out if possible and then let the guests know they can stay as late as 5PM, and for free.
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6 August 2024 | 4 replies
What you need to know is that they are trying to "check some box" on a due diligence form.
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5 August 2024 | 27 replies
I know some who do 25%, 30% sounds way too high to me.
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5 August 2024 | 4 replies
I’m about to PCS to San Antonio for a year and was considering buying an investment property to live in while I’m there, then rent out after I leave.My question is this: since we’re restricted in getting fixer uppers with the VA loan (I know there are renovation loans), what are you looking for with the property?
5 August 2024 | 11 replies
The PM should know how to handle evictions or hire attorneys competent in these matters.
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5 August 2024 | 10 replies
PMs will of course come at cost but a good one is totally worth it.Let me know if I can help, good luck!
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5 August 2024 | 17 replies
With 1031 you have limited time - if you decide to invest it here let me know, I can help.
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5 August 2024 | 8 replies
At the end of the contingency period, you and your agent will let the seller know if you want to move forward with the purchase, if you want to terminate the agreement, or if you want to ask the seller to make repairs or issue a monetary credit before closing.