I'm working on a REO deal now. I'm just starting out in real estate. I want to do this full time.
I am an "accidental" landlord to two properties in VA, acquired during different assignment to the DC area. Currently living in Colorado Springs and interested in learning more about real estate investing.
My wife, son and I have built and renovated both single family and mutifamily housing over the last 15 years. The market is moving again, so we're looking at various opportunities as they present themselves.
We inherited an older (built 1962) commercial property, of approx. 12,000 sq.ft. Currently leased to Family Dollar we :
1) spent too much on roof/parking-finally paid off July 2018
2) Are not sure what our lease-rate should be: now at $3,625/mo
3) a NNN lease, but we have out of pocket 1st on CAM for snow removal and insurance, b4...