RE: [RealEstate] Run Down Shopping Centers Wanted, Eastern States Preferred

[Robert Stuart]

Hi David:  Thank you for responding to our posting on the Internet.  To answer your question, they fix up the rundown centers to make them look like new.  Then they lease them up.  Once they’re fully leased up, they sell them.  This way, they recover their original payment for the center, plus their cost of rehabilitation, plus a substantial profit because of the center’s increased income.  They will not consider a totally vacant property, because they want some ongoing income while they do their rehab work.  Also, they will not build from the ground up, nor will they buy a center under construction, because then they wouldn’t be in a position to profit as generously.  Hope this answers your question.  And I would indeed like to see what you have to offer.   Kindest Personal Regards Bob Stuart Robert Stuart Licensed Real Estate Broker 13064 Bender Drive Moreno Valley, CA 92553 Phone/Fax: (951) 247-2426 E-mail: [EMAIL PROTECTED]   From: RealEstate@yahoogroups.com [mailto:[EMAIL PROTECTED] On Behalf Of David Neese Sent: Friday, December 23, 2005 8:51 AM To: RealEstate@yahoogroups.com Subject: Re: [RealEstate] Run Down Shopping Centers Wanted, Eastern States Preferred   Robert i would love to know what your buyers are doing with them when they buy them.  maybe there is some way to cooperate.  there are plenty of those in my area which is memphis, tn. David Neese 901-309-7862 mobile 901-219-2131 Discover how to get started in Real Estate Investing: http://www.freerealestateinvestingcourses.com http://www.bigdavebuyshouses.com ----- Original Message ----- From: Robert Stuart To: '1 REB' Sent: Thursday, December 22, 2005 10:55 AM Subject: [RealEstate] Run Down Shopping Centers Wanted, Eastern States Preferred   We are working with a group that buys distressed shopping centers: run down, high vacancies, etc.  They prefer centers in the Southeast, but will look at other locations nationwide on a case-by-case basis.  They will consider centers ranging in size from 50,000 s.f. to 400,000 s.f.  If you have access to such a center, here’s your opportunity to get rid of it.  I’ll look forward to hearing from you. Kindest Personal Regards Bob Stuart Robert Stuart Licensed Real Estate Broker 13064 Bender Drive Moreno Valley, CA 92553 Phone/Fax: (951) 247-2426 E-mail: [EMAIL PROTECTED]   Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com RealEstate Part of RealEstateZoo.Com ------------------------------------- Post message: RealEstate@yahoogroups.com Subscribe:  [EMAIL PROTECTED] Unsubscribe:  [EMAIL PROTECTED] List owner:  [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate SPONSORED LINKS Real estate loan online Commercial real estate Real estate Business finances Real estate list Real estate portal YAHOO! GROUPS LINKS  Visit your group "RealEstate" on the web.    To unsubscribe from this group, send an email to:  [EMAIL PROTECTED]    Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.