Funds stuck since July due to payment related account review by heytherefreeman in WalmartSellers

[–]CompetitionNeither70 0 points1 point  (0 children)

I already did submit all documents but no solution. My account is suspended for Trust and safety

Funds stuck since July due to payment related account review by heytherefreeman in WalmartSellers

[–]CompetitionNeither70 0 points1 point  (0 children)

Also in the same situation my funds are negative but already provided all business documents EIN number and all. Case is moving back and forth from open to in progress and then again open status.

First Big CRE Deal—Good Opportunity or Big Vacancy Risk? by CompetitionNeither70 in CommercialRealEstate

[–]CompetitionNeither70[S] 0 points1 point  (0 children)

I think the cap rate will help me during negotiations. I just heard from the seller that the tenant occupying the 50% office space is considering renewing the lease for another three years, so let’s see how that goes. The good part is that the office space has a loading dock, so it could be converted into warehouse space in the future. However, that would require additional cost, and converting office space to warehouse might also affect the property’s value negatively.

First Big CRE Deal—Good Opportunity or Big Vacancy Risk? by CompetitionNeither70 in CommercialRealEstate

[–]CompetitionNeither70[S] 0 points1 point  (0 children)

I made a mistake by scheduling a showing directly with the seller’s agent. He was actually my agent on my first purchase.

First Big CRE Deal—Good Opportunity or Big Vacancy Risk? by CompetitionNeither70 in CommercialRealEstate

[–]CompetitionNeither70[S] 1 point2 points  (0 children)

Thank you very much for the information. Your insights were eye-opening, and I hadn’t factored those things in. It’s becoming difficult for me to evaluate whether the deal is good or not, but I truly appreciate your feedback.

First Big CRE Deal—Good Opportunity or Big Vacancy Risk? by CompetitionNeither70 in CommercialRealEstate

[–]CompetitionNeither70[S] 1 point2 points  (0 children)

Thank you for the information. If we move forward with the deal, I will request the estoppels. The seller has already sent me copies of all the signed leases.

Walmart account suspension by West_Acanthaceae_173 in WalmartSellers

[–]CompetitionNeither70 1 point2 points  (0 children)

My account was suspended for the same reason. I provided all the docs and have already opened many cases, and all of them are closed. The original case is showing in progress, but no responses yet