All Forum Posts by: Michael Huang

Don't use them. They are very unethical. Their loan proposal and the closing documents will not match. You will have surprise at your closing day. 

Hi everyone, I would like to buy a property, build for NNN lease but run the tenent business the sametime. I don't know if someone here has done something like that. What are the pros and cons?

For example, if I have bought a piece of property. And I would like to own a Dunkin Donuts and maybe DQ as stand alone building. and build a strip center and own franchises on UPS store, Anytime Fitness and a smoothie store etc. 

This way I am NNN leasing myself. how is that possible?

I try to do this with around 10M cash.

That information was very helpful. Thank you.

Thinking about buying a 200 unit value add apartment. The complex is currently 91% occupied. But these are some C- buildings at A- location. What I am trying to do is to upgrade the kitchen, floor, paint the wall, windows and doors to attract higher quality tenants and to raise the rent.  If I was doing all these on every unit with tenants still living in there, do I have to move them out temporary? Or do you do it section by section so they don't have to move out. 

 The money are traceable, and all coming from legal source. I think I should be alright.

wow...Hi Penny, didn't expect to see you here. How have you been? Yes, you are right. I got a cpa and an attorney involved already. Everything is looking good.