James McLean’s Post

The self-storage industry is evolving amid economic shifts and changing lifestyles. Matt Wess of Lindsey Self Storage Group delves into innovative strategies like seller financing, lease-to-own agreements, and joint ventures that are helping bridge the bid/ask gap. Will these approaches become the new standard? Read more👇 https://urt.io/ctitssi/ #selfstorage #selfstorageinvesting #selfstoragefacility

One challenge that brokers encounter is when they discover that their seller doesn't actually want to sell anymore. WHY??? Well, there are a lot of potential reasons but I think the below are some of the most common. 1. Emotional 2. Family or partnership disagreement 3. Tax situation shift Good brokers can assist with numbers 1 and 2. They help individuals, families and partnerships take an emotional decision, present facts about their property and current market conditions and help those parties come to a cohesive business decision that now is or is not the right time to sell. Insight helps clients with number 3. I walk clients through another option: 1031 exchange into passive real estate. This tax and income strategy often helps clients feel comfortable with making the decision to sell and move on to the next leg of the race in their life.

Understanding the different types of closing costs in wholesaling is key to navigating the financial aspects of property transactions. https://lnkd.in/gJ4mgnng

YOU CAN'T DO COMMERCIAL DEALS WITHOUT A DEAL SPONSOR Angela is the boss, but if you want to buy a large property, even as a regular person, you need someone in the fold who ALREADY OWNS A SIMILAR ASSET. Lenders have a job that's conceptually simple but complex in practice. Since money is the universally transferrable store of value/time/desire, every mouth-breathing knuckle-dragger will act like it's black friday when the doors open at a big box store.... It's no secret that people will lie, cheat, and steal from lenders given the chance, so the lender has to be sure that the borrower won't take the depositor/investor capital to take over a property and then just run it into the ground to the point that the capital is unrecoverable. So they'll insist on a deal sponsor being involved in the deal! Unfortunately, people who are new to commercial real estate don't realize that because of this systemic 'feature', your ability to become active in the space will DEPEND on you knowing a few deal sponsors. Why is that unfortunate? Because of negotiation 'chips' or 'cards up your sleeve'. See, everyone, even the billionaire deal sponsors, has to source deals and source capital, because this is a business of deploying capital. That means that if you only know ONE deal sponsor, and you decide to become a deal repositioner, the deal sponsor might quickly turn you into a volunteer until the asset sells (which could be 7 or more years in the future). And it might not be because the deal sponsor's a predator. It might be that the deal sponsor's network is tapped out, and your network is tapped out, and your deal closes while you're underfunded for your capex or at least have to borrow more and shoulder the costs. But you wouldn't know that, unless you read an article like this.

Understanding and following the Financial Intelligence Centre Act (FICA) is crucial for any property transaction. This guide provides a comprehensive overview of the necessary documents and steps required to ensure FICA compliance when selling or buying property. Are you ready to take the next step in your property journey? At PropWiz, we're committed to guiding you through every aspect of your transaction, including FICA compliance. https://lnkd.in/dbFTaWsd

How does our cash-back model work and how can it financially help you when purchasing a property? Jess goes into more detail 🏡 1300 558 161 info@matesratesmortgages.com.au

Should You Sell to an Investor? #SellersAdvice | BidBuddy.com

🏡 Looking for options when selling your house? Look no further! 💼 As a lender and partner, I love how Alex Saldana offers three choices to sellers, depending on their needs and timeline. 💰 Option 1: Cash offer, closing in 2 weeks or less. Quick, but you may leave some equity on the table. 💼 Option 2: List it as is with their expertise as your agent. Takes longer, but you can make 5-10% more. 💪 Option 3: Full rehab and listing. They invest their own money, handle the work, and you make an additional 5-10% profit! 💰💼 With top-of-the-market evaluations and a detailed plan, they ensure transparency and success. 🌟 Don't miss out on the opportunity to maximize your earnings! 💸💼 Check out the full interview on the Capital Stewardship YouTube Channel #RealEstateOptions #CashOffer #RehabAndList #MaximizeEarnings #TransparentProcess #SellWithConfidence

If you're feeling overwhelmed by the complexities of commercial real estate transactions, struggling to optimize your financial outcomes and need guidance on the best decisions, you are not alone! In this episode of Napkin Numbers, Scott Lundt & Rahsaan Freeman review case studies they have seen through their work at Freeman Lundt, where business owners have bought or sold real estate in connection with their business. You may have heard myths about commercial real estate transactions, such as you don’t need a commercial real estate broker and can use legal counsel to draw up an agreement for a transaction without any input from a broker. Scott and Rahsaan share the benefits and importance of having real estate brokers involved in commercial property deals for the best return on your investment. You’ll hear insightful examples of buyers and sellers who made expensive mistakes by not having an agent's expertise during negotiations. They explain how agents add value on both sides of a deal, from guiding due diligence and inspections to advising on tax implications and financing options. Working with an agent meant better loan terms and higher cash flow for buyers. You won’t want to miss these first-hand accounts of how commercial real estate brokers maximize financial outcomes. If you want to sell a business, please use our complimentary business evaluation calculator to discover what your business is worth at freemanlundt.bizequity.com. #NapkinNumbers #CommercialRealEstate #FinancialInsights