All Forum Posts by: Chet Mazur
Chet Mazur has started 24 posts and replied 255 times.
Post: Commercial Real Estate MLS

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
There is the mls feature of Costar, but they own/are owned by loopnet so they down play it. Most of the big brokerages have there on "proprietary" web sites... player like CBRE, Marcus millichap, etc.
members.brevitas.com seem to be all there own stuff. GREAT! site (IMHO)
Post: I have preforclosure notes. to sell or JV.

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
I have a preforeclosure assisted living facility in San Fran. UPB is ~5.5M, with a FMV close to 10M. I am getting more detailed information from the lender and borrower. Auction date is 08/21. I would flip or JV for a negotiable finders fee
Post: How to do an IRS search for tax liens

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
I would check the clerk/recorder for SD county.
Post: TIC Proportionate Ownership

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
Is there a specific reason you want to use a TIC structure?
Post: Net Zero Projects

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
Look at the actual cost of the renewable energy. Too often I have seen the true cost blurred by tax credit and other financial perks.
Post: Closed down alf

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
In this area there are a lot of independent operators... you might look at the owner of similar sized properties.
The big business point here is being able to make a profit on medi-care -caid payment rates.
Post: Walgreens purchase of Rite aide

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
As part of the merger, Walgreens has to close ~500 stores. (http://fortune.com/2016/07/06/walgreens-rite-aid-2/). Do you think these stores could become investor own Walgreen, or must Walgreens close/sell the stores?
Post: Vacancy allowance and Cap Rates

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
This is market specific data so you need to poll a broker or other source.
Post: Rezoning Residential to Commercial Office Space

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
I can't give market specific info, but in all depends on why product is desired by the market. Here in N. CA, residential is king.
Post: New Construction Mixed Use Ideas

- Flipper
- Cupertino, CA
- Posts 265
- Votes 27
The condo structure dos dd the liquidity benefit.