All Forum Posts by: Cheyenne Jones
Cheyenne Jones has started 3 posts and replied 4 times.
Post: Conveting Apartment bldg to Tenant-In-Commons
- Santa Rosa, CA
- Posts 5
- Votes 0
Has anyone done a TIC conversion? The opportunity we have is $4Million for a 20 unit apartment building which will be resold as TIC units for approx $$395,000 each.
Post: I have a potentially high cash flow opportunity I don't know how to capitalize on
- Santa Rosa, CA
- Posts 5
- Votes 0
Lots of interesting responses. For what it is worth, I'm in California and I would not get involved in purchasing a property with only one bedroom units, but it might be different in your area, and might be just fine for student housing.
Post: Converting Apartments to Condos
- Santa Rosa, CA
- Posts 5
- Votes 0
Does anyone have experience converting apartment buildings to individual condos? For example, if you bought a 20 unit apartment building for $300M and converted it to condos selling for $400k each (this is California) sounds good, but what pitfalls should we look for?
Post: Everyone has success stories, what was your biggest failure.
- Santa Rosa, CA
- Posts 5
- Votes 0
We all have success stories, but what about the costly mistakes, the bad judgement, the failure to understand expenses.. Before I get back into real estate, I'd appreciate hearing from any of you that have made big mistakes. I'm in Santa Rosa CA Thank you.