Commercial Condominiums Apartments, Buildings for Rent
Groves (TX) commercial apartment / condominium building for lease, Groves (TX) commercial real estate for lease or rent
A Groves apartment or condominium building for lease may be available from an owner in Groves (TX) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Groves (TX) owner and make sure the numbers work.
Groves rental properties make a great investment income, but having to pay large down payments for Groves (TX) property can eat up capital you may need for future repairs or Groves (TX) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Groves (TX) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the Groves (TX) property for any bank holding or liens.
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