All Forum Posts by: Wyatt Wolff

Thats a cool building. I wish I had more to offer, but my advice would be see what restaurants have good foot traffic, but are maybe suboptimal location, and then offer incentives to try and get them in.  Shoot for something that the stereotypical customer of the theater(s) would enjoy for before/after a show. IE, if I was located next to a proper theater (Think Hamilton, classic shows, Orchestras) I would want something like a speakeasy, with a slightly higher price point. 

Then, try and make reciprocal deals with the theater/etc to add value. 

Either way, best of luck!  

Thats a cool deal... I would say give SBA a shot

I am following due to my morbid curiosity in how this goes... I want you to win on this investment. But also, I'm here for the story. 

Jokes aside, if you are comfortable, go for it. 

Ah gotcha! Ill reach out and see who I know over there! 

The power in house hacking comes from two main things:

- Reducing your housing expense

- Primary residence financing 

The first one, sure I guess you could do that in some kind of commercial space. The second one however, you cannot. 

As long as you aren't bleeding cash, I wouldn't lower the price just yet. It's only been 4 days. Just keep the data on views and whatnot, and maybe have some local landlords give you feedback on the listing. For an expert property management opinion though, I defer to @Lorien Rollins

Welcome @Brandon Spaulding! Curious to hear about your projects! 

How large is the property? Would you sell it as just land? 

What doug said. Although, its a duplex so I'm curious who asked you for the cap rate 

I definitely think that you should get some opinions, but ultimately, if you have a use case for the cash that gives you a good ROI, then go for it!