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All Forum Posts by: Benjamin Goodman

Benjamin Goodman has started 2 posts and replied 42 times.

Post: NNN or NN Commercial property Experience

Benjamin GoodmanPosted
  • Investor
  • Boston, MA
  • Posts 42
  • Votes 30

Transformation was successful but not without hiccups :  ) 

Post: Commercial REI Advice Needed

Benjamin GoodmanPosted
  • Investor
  • Boston, MA
  • Posts 42
  • Votes 30

@Jaycee Greene required 4 pages on Lead Law amongst other things. My leases also included helpful things like a city wide advisory on how to avoid getting bed bugs. A full page on security deposit charges for disposing of furniture. A clause on maintaining the heat at minimum temps in winter so pipes don't  freeze. An entire Clause on why  crossbows weren't allowed on my properties... guess how that made it into the lease :  )

Post: NNN or NN Commercial property Experience

Benjamin GoodmanPosted
  • Investor
  • Boston, MA
  • Posts 42
  • Votes 30

Yeah did the residential to NNN conversion 2020...it's a big leap

Post: Commercial REI Advice Needed

Benjamin GoodmanPosted
  • Investor
  • Boston, MA
  • Posts 42
  • Votes 30

I describe the bump from residential to commercial as like going from high school to college. For example, My residential leases used to be 17 pages (+/- one new page for each year as a landlord) some of the commercial leases I've seen are 75+ pages....they are both leases but it's apples and oranges...

2 floors done...three to go :  )

Post: Investing in EU flips

Benjamin GoodmanPosted
  • Investor
  • Boston, MA
  • Posts 42
  • Votes 30

I here in the Netherlands Rotterdam working on renovating a 3 unit building

Montse I'm here in Rotterdam...working on renovating a 3 unit townhouse and gettting an expensive education on the Dutch construction industry...

Post: Real-estate Exit Plan

Benjamin GoodmanPosted
  • Investor
  • Boston, MA
  • Posts 42
  • Votes 30

Looks like you've identified all the good options. After 16 years of Tenants Toilets and Trash we 1031ed NNN in 2019. Back then we were getting 1% positive carry e.g. Loans at 4% Returns at 5% but hard to find that these days...dollar is surprisingly strong. Might make sense to pay the taxes and invest in something overseas...$.02

Post: Boston - Has the ship sailed?

Benjamin GoodmanPosted
  • Investor
  • Boston, MA
  • Posts 42
  • Votes 30

Hard to give good advice without more info, but since You are single no kids it's hard to beat buying a single family fixer upper and living in it for two years and then selling for tax free profits....I'm a big fan of Waltham these days $.02 

@Nate Wiger 1031 exchange NNN commercial property