Does anyone have a good source for garage/storage condo underwriting? Trying to find a model that will allow for a phased development and phased sale of individual units and includes HOA fees.
With cyclical nature of market, should focus of investor be on different kind of property at different phases?With current market conditions (upswing of prices) its very difficult to find value properties, so is it ok...
The real estate market can be characterized by 4 phases. Here I will breakdown each stage in the attempts to help us all become more savy investors.
Phase #1 - Recovery
- characterized by high vacancy rates a...
Development is something that scares off a lot of great real estate investors because of the unknowns and the complexity of the different phases. It is not something to be entered into lightly since it is complex, but...
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...
Looking at a hotel property to due a private loan. Phase 1 Study did not inspect units for radon, asbestos, etc. Underground storage tanks were discovered from 1980's. Owner has estimates to remove tanks from licensed...
I am doing a private loan secured by a mixed use property (smoke shop on 1st floor and residential units on top floor) on Oakland CA. I am doing this as a bridge loan and the the borrower is planning to take a regula...
I own 15 individual units and most have a line of credit. I have been using the lines for the down payment on any new properties I purchase. The lines are variable at 5 to 6%. To service the debt on the lines to buy a...
I am looking at building 8 condos in Austin. The plans and specs are done from a project that got dropped post credit bust. I spoke with our commercial lender about this today and he is checking on take-out financin...
Hi BP!We all know this is a sellers market for the most part and there has been a lot of talk about where we are as it relates to RE. Im curious about your feedback based on the article by Teo. According to this artic...