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10 March 2024 | 0 replies
Grocery-anchored neighborhood centers, on the other hand, are highly sought after and often command cap rates in the 6% to 7% range, with better quality assets pushing well into the 5% region.For example, institutional investment manager Nuveen acquired Peachtree Crossing in Atlanta for $21.8 million, or $270/SF, in January 2024.
11 March 2024 | 7 replies
for 1050/month all bills paid. they claim this cash flows 3600/month (4200-600). the math on that is they say electric is 90 unit, trash and water is 50 each for all 4 so theres your 600 and say they can provide receipts on all this. it's located a handful of miles, about 6-8, outside the nearest small town with a wal mart etc.one thing is it seems better apts, in town with 600-800 ft, go for more like 1k no bills paid. even adjusting for the all bills paid part, i feel like 1050 is aggressive on these. otoh near me some crappy tiny apt with mold and everything go for 750, and these are much nicer than that. i think 700-800 would be an absolute floor on what they could rent for.i guess i just have no idea for example, insurance?
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10 March 2024 | 14 replies
However, would i do better with a bookkeeper?
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11 March 2024 | 17 replies
Whatever you make today, at todays rates, will only get better if rates go down and rents go up over time.
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10 March 2024 | 13 replies
At least they’ve given up selling the LLC as asset protection but I don’t think it does much better for privacy from anyone that actually cares to find out.
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9 March 2024 | 2 replies
Rents are better, appreciation is better and you don't have to worry about a lot of things in decent neighborhoods. ;-)
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10 March 2024 | 12 replies
There are hundreds of hotels and resorts, with better location due to city regulation.
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10 March 2024 | 2 replies
I tried flipping a house with a coworker which went okay but decided rentals were a better way to go.
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10 March 2024 | 8 replies
1000 to 1200 maybe OK you get more ratios that are better than that on paper your going to go into high risk areas .. just saying.
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11 March 2024 | 11 replies
No need to buy in an LLC - you'll have better lending options in your names3.