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re: Buying investment properties...
Posted on 6/5/14 at 10:57 pm to trillhog
Posted on 6/5/14 at 10:57 pm to trillhog
Boat/RV garages =/= climate cool. I would 100% do boat/rv garages. My friends family owns some none ac garages. It's roughly 80/20 in terms of rv spaces and smaller units but they make an absolute killing. Last time I spoke to him about it they had a 30 person/ company waiting list. My unit with them that fits my bay boat plus all my hunting gear is 350/ month. They prob have about 200 units total
It does have road frontage. That's my dilemma. Do I hold out and wait for one huge check that's bound to come in the next 5 years and sell the property as is? don't do anything w the property and just let it appreciate for the next 20 years? or let it appreciate and at the same time bring in some cash flow for a decade or two
It does have road frontage. That's my dilemma. Do I hold out and wait for one huge check that's bound to come in the next 5 years and sell the property as is? don't do anything w the property and just let it appreciate for the next 20 years? or let it appreciate and at the same time bring in some cash flow for a decade or two
This post was edited on 6/5/14 at 11:05 pm
2
Posted on 6/5/14 at 11:01 pm to roguetiger15
They are the real deal no shite, and cost next to nothing, go try and buy one and see what the owner says, that's a good sign, unless you offer them a premium they'll tell you to frick off, they make money, with next to no risk.
Banks like to loan money on then too.
Banks like to loan money on then too.
This post was edited on 6/5/14 at 11:01 pm
Posted on 6/5/14 at 11:03 pm to roguetiger15
Is there any other development going on around the walmart? Are there pads out front? Sometimes it takes years for a walmart are to come around, but once one legit place goes in, watch out , they all come looking, don't worry they'll find you. I'd be proactive though get that alta survey, that'll put you at the front of the line, they don't have to mess with the old man next door that doesn't have anything to show or is playing games about If he wants to sell they'll come right to you . Call there corporate office ask for the re department and say you have a site suggestion, and can you email it
This post was edited on 6/5/14 at 11:07 pm
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