Connor Lewis
*Guidance Needed* Small Mixed Use Property BRRR
I am looking for some direction on securing financing for renovation on a mixed used property that I already own without using my own money.Some background:
~ We currently owe about $100k - purchased 2.5 years ago @...
Shelby Robinson
1st deal sweet or Not?
So, recently I closed on a property in SC. Currently the building is vacant, at one point it was a functional beauty salon. This is my 1st deal EVER. My plan is to convert into a barber shop, should be a smooth transi...
Jon Haft
CRE - Best ideas to fill vacancies in small markets these days
Looking for any and all ideas on types of businesses to fill up some of our vacancies during these uncertain times. Besides groceries, guns, and liquor stores which seem to be the only ones doing well these days
Shelby Robinson
1st buy and hold...commercial
So, recently I closed on a property in SC. Currently the building is vacant, at one point it was a functional beauty salon. This is my 1st deal EVER. My plan is to convert into a barber shop, should be a smooth transi...
William Walker
Analyze hair salon purchase
I’m close to purchasing a hair salon - this would be my first commercial investment. I’m familiar with residential and own a few SFH but this is new. Purchase price 100kRent $1,200/monthIt is one building with 3 units...
Alex Capozzolo
Commercial Mixed Use - Tenant Search - Hot Pink Hair Salon
Hi BP, my partner @Jon Sanborn and I recently bought a commercial mixed use property in Philadelphia, PA 19132: 3 Total Units - 2 Bedroom Unit, 1 Barber Shop Unit, 1 Hair Salon Unit. The tenants we inherited are great...
Matthew Arnold
Rental Arbitrage for shallow-pocketed newbie
Like it or not, AirBnB has helped homeowners and renters subsidize and/or make returns off housing by subletting to vacationers and short-term renters. I learned that this practice is called 'rental arbitrage' and som...
David M.
Commercial lease for beauty shop questions
Hi everyoneI'm renting a 420 square foot retail space as a beauty salon. It was operated as a salon by the previous building owner. I fixed/ freshened it up and have found a tenant to lease it.1. How long should the...
Ken Latchers
Your Ideas on Buying this commercial property in resort area?? ??
I am being asked advice on something I have not done, so I am asking the BP community if they can help this couple. Details:
1) The property is in a MAJOR tourist area, on a very busy main highway
2) The couple wan...
VeinTwain H.
Complicated Deal Advice
I have a great deal with a super motivated seller but he has self managed since he purchased the property so he has no formal records but in my assessment his properties are a steal.
My dilemma is all of my investors...