In 1992 I was negotiating the purchase of a 4,400 sq ft commercial building. The seller had recently retired and offered to include an adjacent lot with a second building for no cost if I could close within two month...
I've seen a few articles in the NY times recently about a surge in interest in the preservation of older buildings. That makes sense, since it's important to conserve buildings, especially of national interest for his...
Just came across the article below. The Cheesecake Factory Tells Landlords Across the Country It Won’t Be Able to Pay Rent on April 1. Will commercial real estate be drastically effected? What are your thoughts. https...
I have been toying with the idea of buying a food franchise, and have been working towards it for last couple of years. I calculated my current debt to income ration at 37%. It does take into account my current salar...
IF you do rehabs, how many HOURS do you OR YOUR CONTRACTOR typically spend at Home Depot, Lowes, your favorite building material supplier, etc etc?
Answer can be broken down into:
1. When project first starts OR aft...
How has the legalization of pot influenced your investment strategies?How has pot changed your rental policies? Has pot made you money or caused more concerns? Has weed done the deed?http://www.marketwatch.com/story/5...
Hello BP! Been awhile since I posted. We have been very busy with our 2 duplexes we purchased within a week of each other! Anyway, our one duplex actually has a 4 car garage (2 2-car garages for each unit) and it a...
I know this is a strange post but I am looking for advice/guidance. I own a moving company in the Chicago area and have ~100 employees (full+part time). We are very seasonal and even during a month busy only at certai...
I just sold my old personal residence and have a capital gain of 3mm. Instead of paying uncle sam, I decided it would be best to 1031 it into a commercial building. I found a local building that was built in the 70s, ...
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...