All Forum Posts by: Jane Wu

Matt, Did you buy the property in the end? How did it turn out? Just want to follow up with you.

Can anybody recommend some general contractors that you have used in the past? Thank you all.

I would love to connect with him. Thank you so much for your help! How can I get his info?

Will offer cash, no buyers agent will be involved.

Small town, but It is 35 mins to major city downtown. An operating 47-unit self-storage and 13 RV spaces. Current 4 vacant storage. They charge $30 for RV parking, 4-7$/sf for storage units. This storage business started in 2004. Plenty of land for expansion. On-site office or residence for manager. Pay roll $1800/year bu cause The Manager live in the mobile home on the property. Gross income: $56,340. Expense: $19200 (realistic?) NOI: $33906. No competition in 4 miles radius. 9 miles from WalMart. Appraised Value: $284,640 1. Property Improvement - Building Type: Mobile Home State Code: F1 Living Area: 672.00sqft Value: $27,100 Build 1993 Type: Commercial State Code: F1 Living Area: 6,400.00sqft Value: $101,520 2. Land: Residential $36,000/Commercial $116,960 Previous owner financed Asking for 350k for 6500 leasable space and 2.5 acre land. In the market for 4 days, many inquires so far, no offer yet. How much should I offer?

Ryder, 

Thank you very much for your reply. I have sent you a private message. 

I am also interested in Sherman, TX. What kind of property are you investing? Why do you like over there?

I have enough funds and am looking for a warehouse about 10,000-15,000sqft. with 2-3 loading docks, 3 phase power, within approximately 100 miles from DFW, with a purchase price in the $400,000 - $500,000 price range. Or you find a deal and I help fund.