All Forum Posts by: Christopher Chen

The OM said that it was a 6.75% cap.

https://www.biggerpockets.com/...

I appreciate your kind post Stephen Brown. However,  my commercial broker is actually not in that state. Should this be a concern? I am glad for your perspective. 

I appreciate your insightful insurance advice Jason Bott.  

Thank you Jai Reddy. Appreciate your perspective. There is six years left on the lease. I can carry the mortgage.  I requested the lease. Let me check the surrounding cap rates.

I appreciate your post Brock Mogensen.  

Thank you Jai Reddy. Appreciate your perspective. There is six years left on the lease. I can carry the mortgage.  I requested the lease. Let me check the surrounding cap rates.

I appreciate your post Brock Mogensen. 

Appreciate your insight Ariel Jeidel. It is Milwaukee,  WI (a lower income area). Will keep you posted.

I appreciate your reply Jai Reddy. It is one national tenant. The building area is 19,980 square feet. The land area is 1.24 acres. 

I appreciate your reply Jai Reddy. It is one national tenant. The building area is 19,980 square feet. The land area is 1.24 acres. 

I entered all the numbers for the BP calculations.  However, I know it's wrong because it says a 64% cap rate. Allow me to put it up there so that I can learn from my mistakes.