Real Estate 311 Steve

Andy Camp and I chat again, this time about site selection for businesses. Finding a property that will work depends on quite a few factors. Whether it's office, retail or warehouse, and the type of business utilizing the space, will affect what property works best for a company and which ones don't.

Shifting to new format where we will have guests for each episode to discussion a variety or real estate topics. In this discussion we talk with Andy Camp the President of Cutler Real Estate in Ohio. We start discussion generally about office space and the future of it, along with what our company's office needs are going forward. We then discuss housing inventory and thoughts on where prices and inventory are and where they will go in the future.

Let's have a short discussion as 2023 winds down and 2024 starts, on what you should be doing today. With interest rates up, inventory low and some uncertainty of the future, what should investors be doing? Watch the market, build up cash, be prepared, etc.

Curious what happened with this package? Well, we discussed it, reviewed the information, considered financing, appreciation and tenant info and made a decision. Listen to what one of my partners and I decided and why.

We are looking at a package of 8-9 single family homes as an investment. Currently they area all rented out, but at varying rates and lease terms. Will the numbers make sense?

We recently completed a 1031 Exchange on a property that I have with some partners and learned a few lessons. Make sure you have an idea of what you want to buy, and know that some of money could still be taxed, such as loan fees.