All Forum Posts by: Jeremy Cyrier

I suggest looking into having a highest and best use study done. For a small fee, you can hire a commercial real estate advisor, such as a CCIM, to conduct a feasibility analysis that will cover market and competitive factors, legal and political factors, site factors, and your financial analysis so that you can develop a best use decision to pursue.

CBD stand for Central Business District, a.k.a core multifamily properties.

Could you split the property into two separate properties and sell one off and keep the other?

A great resource to check out for cap rates in your area is Integra Realty Resource's Viewpoint guide at www.IRR.com. They assemble and report on cap rates and irr expectations across all asset types in major markets across the United States.

Learn as much as you can and find a mentor to work with you.

Network and build your list of potential money partners with a specific deal game plan to discuss. When you have an "opportunity", contact your possible money partners and ask which one of them would like to participate.

And as a CYA, make sure you're following SEC guidelines.

Mark,

CoStar is one of the more expensive services for accessing the data you're looking for. Typically, they require a 1 year commitment and will price their service based on which level of access you want. For pricing, you'll need to speak with one of their reps, knowing that their rates are negotiable.

Triple net lease investing or NNN investments are great investments as long as you are comfortable with the credit quality of the tenant, believe the location and building will be demanded by other tenants in the event your tenant were to default or not renew their lease, and that you are not paying for an above market rent, which could inflate the value of the property to a point where you couldn't recover your initial investment if something were to go awry.

Great question. Most spend their time to make fees, not equity, because they need to make a living. Plus, they have a fiduciary obligation to represent their client and when they meddle with investor/broker roles, they can create liability for themselves and damage their business.

Yes. This is probably one of the best uses of the SDIRA. If you're looking to avoid UBIT, then don't borrow any money to do the deal.