Mak K.
Experience with Renting to Home Health Patients
Hi,What are your thoughts on renting a property to Home Care Patients who needs care. I know you have to modify the properties to ADA etc etc. Anybody had any luck with it and what is the rent expected and p&l, pr...
Jonathan Molas
Renting to Assisted living company
Hi, I was recently reached out by someone who wants to rent my 3 br 1.5 bath and use it as a assisted living facility for adults. I am not familiar with this. I would like to know what are the pros and the cons, what ...
Michael Burke
Assisted Living Valuation
Hi - I'm evaluating a 200+ unit senior living facility that has an assisted living component covering 25% of the units. On standard market rate properties I typically figure that you need 1 full-time manager, and 1 ma...
Khizer Husain
Senior Living/Care Facility Rezoning to Multi-Family
Has anyone ever rezoned a vacant senior care living facility into multi-family apartments? There are many vacant senior care facilities and I am Interested in converting these into standard multi family apartment buil...
Lane Babin
Estimating Storage Unit Monthly Operating Expenses
When developing a pro forma for a storage facility, what percentage of gross income should be estimated as operating expenses? I've see a feasibility study by an economist recently that mentioned using 45% of gross in...
Weina Shi
Self Storage Financing Options
Dear fellow investors,I am buying a self storage facility and I am considering a few options. The facility has 200+ units of existing facility and a potential 500+ unit expansion plan. Option 1: CMBS 40% down payment,...
Chris Mason
$3m / 60% LTV Assisted Living Facility Refi - Financing Survey/Review
Scenario: This scenario is an amalgamation of a few inquiries that I've had in the last couple months. Person purchased a neglected facility using hard money. Took a few years to get licensing, permits, etc, to either...
Harry Wilson
What a property needs
So I have a friend that rents out to tennants, I believe that the property isn't up to standards and he could probably get in trouble if he was inspected. So what does a property need to be legally rentable? And does ...
Michael Minervini
New to storage units....
Hello. I am an multi-family seasoned investor. I am looking to purchase my first storage facility. Question
**If you currently own or have owned storage facilities, can you please provide me with your best practic...
Greg Gordon
Self storage units
Does anyone know what the industry standard vacancy rate is for self storage buildings?