25 September 2014 | 12 replies
An example would be a new Walgreen's Drug Store.
27 September 2014 | 3 replies
I work for a grocery store now but my goal is to be in real estate by the end of next year and have that as my main job.
16 December 2021 | 25 replies
One was a day sleeper that I awoke but I came back with a sign to put above his doorbell, " Warning day sleeper, deaths caused by not reading this sign are not the problem of the owner" He smirked when I gave it to him but when I saw him in a store he yelled out nobody has rang the bell yet.
12 October 2014 | 10 replies
http://www.biggerpockets.com/storeThen you have BP's own resource of the Ultimate Beginners Guide to Real Estate Investinghttp://www.biggerpockets.com/real-estate-investingStart window shopping at Lowes, Home Depot and any other store to get an idea of cost of materials.
3 October 2014 | 6 replies
The development, although beautiful and self sufficient (grocery stores, schools, etc) it is in the middle of no where and about a 30-40 minute drive to the nearest city.I wouldn't want to invest in a pre-construction project where the community is already struggling with vacancies.
8 October 2014 | 19 replies
Line up at the store before it opens.
18 October 2014 | 11 replies
The big box stores don't seem to have ones that will.
8 November 2014 | 8 replies
That end buyer spends a couple thousand in loan fees and inspections, that end buyer sells their home and stores property moving into some motel for a week prior to their closing.
13 October 2014 | 3 replies
I can price in the higher interest rate in my offer price.Mixed use such as what you are looking at is harder to get good debt on.The retail you would need to look at TI needed to land a tenant and required lender reserves which will vary based on the retail spaces.5 levels of retail tenants from least risky to most risky for lender underwriting purposes.Taco Bell as an example.Lease guaranteed by all corporate stores - thousands from parent companySubsidiary of corporate - ex. 300 Taco Bells in one stateLarge franchisee with track record of 15 years in biz and 100 stores etc.Small Franchisee with one to two locations and little experience and assets.Lowest is non- taco bell but just a persons starting up a taco place with no support just a name and a dream etc.Most of my clients buying strip centers into the multi millions are using non-bank debt.10 year term, 30 year amort., high 4's fixed, non-recourse loan with a first 2 years interest only option to push cash on cash another 250 to 300 basis points.
20 October 2014 | 58 replies
One of the first stores to be looted was a black-owned pharmacy.