I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases?
What are your thoughts on this?
I am looking to close on a NNN property. I find it a bit highly priced psf (370 psf) but reasonable based on tenant profile and ROI. its basically 7.1% ROI of a national dental chain in Southfield MI paying about 25++...
Hello all,I have just bought my first commercial building and would love your thoughts on it! Deal and building stats below. A bit of context for you all, I am 28 years old and this is my first real estate deal. The s...
Hi all! I have a co-op rental in NYC and a tenant who has been living there for 3+ years. She stopped paying rent mid last year and applied for ERAP. Earlier this year ERAP denied her application. I issued a 90-day no...
My manager sends me this monthly Tenant Unpaid Charges Summary. As you the owner reviewing this report, what strength or weaknesses you notice? Is there anything they could do better when it comes to collecting rents,...
If I buy a property as a primary residence with 5% down that is 30% below market value, then later down the road convert it to my first rental property, is it possible to do a cash out refi into the LLC leaving about ...
I've searched the forums and I can't find direct answers to my questions. I am looking at starting a partnership(s) in order to invest in buy & hold rental properties, where I bring the deal and management and the...
There seem to be a good number of investors here that have purchased a property from ABC Capital whether through Maverick or directly. If you've dealt with them, can you please post your experiences with them? I purch...
Hello,
Seller has offered to fund repair escrow after closing. They have paperwork entitled "Escrow Agreement for Postponed Improvements" to guarantee they will return money after closing that I can have for reserv...
Maybe someone can put my mind at ease, I have seen a few parcels of very nice looking land going up for 30 year leases. I am concerned about the end of the leasing period. Aside from the obvious pitfalls, what are the...