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Alright BP and @Henry Clark. I could use some advice on how to lock this property down. I'll do my best to keep this succinct, but there are some topics that may need further explanation. Here's the scenario:
Motivat...
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I just purchased my first rental property and now have the opportunity to invest in self storage. My cash is a little low at the moment from the recent purchase of the property. So i'm looking into private money, or t...
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I'm interested in potentially getting into the self storage realm. My question in regards to that is what formula or numbers can I use to make sure it would be a sound investment. I'm having a hard time finding comm...
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Asking $2,300,000
72 units - 1 bedroom/1 bath - 700 Square Feet - $460 monthly rent
8.3 Cap Rate - great for area
98% occupancy rate - due to low rents for area
49% expense to income ratio
Fishers, Indiana
• Upside...
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I am watching an episode of "The Office" where Dwight now owns the building that the Scranton branch of Dunder Mifflin. One of the running jokes is that Dwight has installed motion sensor lights in the the office in o...
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I am considering adding self-storage to my portfolio, but would actually like to treat this as a business and operate it myself. Does it ever make sense to build a new facility or is buying an existing facility genera...
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Hello Everyone,I am planning to do an investment for self storage units. I really appreciate if someone can help me on this.I would like to know about the below things.1) What are the best locations for self storage u...
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I have a 2.6 acre commercial property I've just closed on. I would like to build multi-family on the property in the future, but the market for construction is too high to justify new construction residential right no...
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Hello,Long time lurker first time poster, I’ve learned a lot on this site and decided to post to get some ideas from you all. I got my first duplex and I need to remodel the kitchen on the first floor. The rents in th...
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Hi,
I am a physician finishing up residency in a few years and would like to invest in commericial properties. I'm thinking NNN (fast food joints, banks, drug stores), self-storage, strip malls. My goal is to save...