I am trying to buy a commercial office space that' 100% occupied. The NOI is $34k (I verified it to be true, with a more seasoned investor). I am trying to buy it for a cap rate of 4.8%. The local commercial bank said...
So, I need someone to help me clarify this. I'm getting blasted with this 90 day waiting period thing is apparently being put on hold until Sept. 2010
This is the latest email I got this morning:
[i] On Friday, ...
Want to share my first flip, project. Even though it did not go as planned and we turned out to not be profitable, I think it's just as important to talk about our failures as much as our successes. I am still gratefu...
Hello,Good afternoon everybody !!I have been doing Residential real estate as Realtor, Investor and Property Manager for last 7 years. I have decided to jump to commercial real estate as an investor. Currently I am co...
I am a flipper and I am looking down the road thinking about buying an apartment building. I am a newbie to the apartment building world and just starting to look at deals, being a flipper I am drawn to value add dea...
Hello, I'm new to the community. I've been reading other posts and the community is so helpful, I thought I would post my scenario and see if others had any perspective or advice to offer.I bought my first home in Mis...
Hello all, would appreciate some feedback on my situation:
My wife and I purchased a 2 flat in the Lakeview neighborhood about 2 years ago, It is a 3 story, 2 unit building near right off the Southport Corridor (Very...
First time poster here:I have operated a consulting business for many years and recognize the need for contracts, 1099s, etc when hiring subs. However I recently becam a landlord and we need an Air Conditioner install...
Every time I talk to novice or new investor who is just starting out, I ask them what's your goal. I believe in goals whether personal or financial goals. Without a goal in mind, it's hard to plan and take action righ...