All Forum Posts by: Ronald Rohde
Ronald Rohde has started 17 posts and replied 5103 times.
Post: Collin County Rental Market
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Timing is poor. Red hot or not, very few families are signing leases in September.
Post: cap rate and vacancy rate in Texas
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Where do you think these numbers exist? Someone will have a crystal ball they want to share?
If you have a property in mind, call up neighboring properties and ask if they have vacancies. There are companies that do this for a fee, but no one is going to have exactly what you want--and give it to you for free!
Post: Tax Delinquent List: Dallas, Tarrant, Collin & Denton Counties
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
This information is all available via google. You'll get a better response if you don't ask others to do your homework for ya!
Cheers,
Ron
Post: Long distance investing
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Yes. There are many variables to consider and you should consider a SFR to start or LP syndication to start. Learn for a year then decide next steps and goals
Post: CPA with REI experience needed , Don't want to overpay
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
I recommend @Brandon Hall serves many, many clients in this space
Post: I'm building a REI team, could anyone help?
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Originally posted by @Anthony Heatley:
Thanks for your input @Ronald Rohde I guess I was just moving a little fast.
Its no problem. There's a difference between planning your list of "holes to fill" vs. Hey Mr. Banker, i want to talk to you about a loan, but I don't know what I'm going to buy, how much I'm going to put down, what my closing date it, but please talk to me right now anyway!
Post: Proceed w/ purchase despite planning commission concern?
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Originally posted by @Nic DeAngelo:
In my experience, planning commission tie ups have been brutal. The old wink, nod, and nudge have turned into multiple years of headaches with no end in sight (currently still dealing with 2 issues on deals). We HAVE had things move quickly from city officials getting behind us, but that was with clear discussions and firm commitments. I've learned if it feels unsteady, it only gets worse from there. Once they have the leverage and you've just purchased a property, they know you're all in without much you can do to make things move. Just my 2 cents on it!
And to play devil's advocate for the city, its unfair to the City for a property owner to barge in after closing and demand approval for their use. I've seen people buy land, expecting to build a hotel because the broker said it would be allowed, then the city requires a lot more costs for that use and the owner is upset. What do you expect the city to do if you come in with a fixed location, fixed end use AND you don't want to spend any money.
Talk to the city prior to closing and everyone will be happier.
Post: What's your process of finding a retailer's real estate contact?
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Google? I'm not sure what you're asking
Post: Ideas for reconversion
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Originally posted by @H Patel:
Hi all -
Thank you for the suggestions. It is currently operating as a niche property for the hard working men and women of the manufacturing and construction extended stay workforce. I do not see a future as an exterior corridor motel so transition into a passive income through a long term lease. I have seen a similar L shaped prompt/urgent care (new build) clinic. I think it can turned into an office medical park where mix of office and in and out patient services. Property is zones GC on major road. Traffic light controlled traffic. Easy ingress/egress. High traffic count. Newly reconstructed roads around area.
Any ideas non lodging would be keen. Thanks for stopping by.
A commercial broker in your area would probably have a better idea. You have a lot of strict parameters here...
Post: Off Market Rentals - DFW and surrounding areas
#2 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,324
- Votes 2,247
Personal networks and a credibility to close. How many units are you looking for?