19 June 2015 | 11 replies
I've lived in multiple locations in Saint Paul but this is actually Roseville bordering Minneapolis.
1 July 2015 | 8 replies
You just need to make sure that the consultancy is worthy of your trust and that they are not engaged in ultracrepidarianism and stay to their area of expertise, or that they are not more interested in you than your money.
22 June 2015 | 10 replies
But some times we can have multiple buyers, know their criteria, but when we do our marketing (yellow letters, post cards, bandit signs, etc.), we don't know which motivated seller will be calling us that would have the type of property your buyers want.
19 June 2015 | 4 replies
If there are multiple applicants, we run both separately but we take the applicant with the best credit to determine the deposit.
1 May 2019 | 25 replies
Basically I'm at the point where I have to engage in action instead of constantly preparing for battle if that makes sense.
20 June 2015 | 4 replies
This guide will give you a great grasp on the basics and prepare you to begin interacting with the community on BiggerPockets.Create an account and engage with the community - Something like 95% of those folks that set out to invest in Real Estate quit, fail, or are unable to maintain focus on their goals.
20 June 2015 | 7 replies
This guide will give you a great grasp on the basics and prepare you to begin interacting with the community on BiggerPockets.Create an account and engage with the community - Something like 95% of those folks that set out to invest in Real Estate quit, fail, or are unable to maintain focus on their goals.
26 June 2015 | 11 replies
I would caution that whatever route you take, be consistent to each and every tenant because if you say one thing but do 2 or 3 things, courts will not look positively at you for inconsistent practices.If/when you need to find new tenants, be sure to have your own application, use the GBREB forms, and I've used the smartmove background/credit check online system multiple times with much success.BTW, you will find multiple opinions of what to do or not do... neither is right or wrong, everyone has their own system that works for them, so you will need to make that choice on your own.
16 August 2015 | 5 replies
The value add could be a mismanaged property, a property plagued by vacancy (marketing deficiency) a property that can be broken down into smaller units hence growing NOI, etc.A move in this direction would serve multiple purposes:a) Buy a deal you could generate greater NOI than a similar 'straight' leased investment.b) Allow you to gain some experience managing and marketing CRE space.c) Provide you with a track record in commercial which conventional CRE lenders look towards when loaning on CRE.