All Forum Posts by: Ronald Rohde
Ronald Rohde has started 17 posts and replied 5108 times.
Post: Need a DSCR and/or Commercial Lender (LOOKING TO AVOID HARD MONEY/PRIVATE LENDER)
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
Where do you keep your money? Start there
Post: first multi-family property
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
Are you underwriting deals everyday? I think you'd do fine to buy a small building with 1.5m down, we're happy to help with any legal issues.
I'm from UM law.
Post: Land Wholesaling LLC operating agreement Texas; Template & Lawyer Recommendations
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
You probably don't want a boilerplate agreement for partners. Discuss things like equity contribution, workload, dispute resolution, dissolution, etc. I have a free template on you tube if you google JV Agreement real estate Texas
Post: Eviction Process Advice
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
I would probably hire a non-lawyer for JP court. someone like a PM that does hundreds of these. Watch them and note every step, you can do it next time yourself.
Post: Looking for Empty Parking Lot
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
Quote from @Derek Anaeme:
Quote from @Scott Mac:
Los Angeles is geographicaly huge and split into so many different communities, and income levels within communities.
He just wants Los Angeles and not any further granularity?
I say this because for instance a boxing gym might do way better in certain areas than in others.
Or a Pilates vs versa.
Just my 2 cents.
Very good point, thanks Scott.
and size requirements. Are you looking for .5 acre or 3 acres?
Post: Vacancy Rates - FL
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
CoStar, drive the area, call the listings and ask.
Post: 9 Fun Facts About Commercial Real Estate
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
Gotta take swings to get results. I only buy industrial in DFW.
Post: Strategy with large buildings
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
Quote from @Brian Plajer:
@Ron
@Ronald Rohde Yes I think it is. Basically large concrete walls that they stand up and add a roof. I've seen another go up 5 mins away and from what I can tell they only have one tenant that moved in. I'm trying to understand the business model.
Buy land, build large industrial building, sign tenant, sell building after possession=BIG profit.
Thats it.
Post: Commercial Real Estate-retail due diligence evaluation
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
Quote from @Candice C.:
Quote from @Ronald Rohde:
If you like the market, seems like a decent play with long term upside. You have to hold through a market renewal though. Do you want to do that?
Best of luck to you. Appreciate your contribution to my post.
Thats great to hear! Was it YouTube videos or Adventures in CRE.com website?
Post: Cap rate compression
#3 Commercial Real Estate Investing ContributorPosted - Attorney
- Dallas, TX
- Posts 5,329
- Votes 2,251
One of the best ways to artificially compress cap rates is to improve the perceived or actual quality of income. Higher credit tenants, meticulous organization, all property maintenance records and PCA with future reserves accounted for in P&L. Thats easy win to take the same property, same income, same tenant and go from a 7 cap to 6 cap.