We Bought a 12% Cap with an $80K Seller Credit
About this episode
Jesse and Graham discuss their recent real estate acquisitions and strategic pivots after Jesse's honeymoon.
Jesse is back from his honeymoon in St. Lucia and we're catching up on everything that happened while he was gone, including a new deal that went under contract. In this episode, we break down our two latest acquisitions: a 12,000 SF warehouse in High Point we picked up for $580K with an $80K seller credit (essentially buying an existing 12 cap), and a 3-tenant automotive building in Durham with a potential $300K spread. We also talk through why we're pivoting from a pure buy-and-hold strateg...
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