All Forum Posts by: Andy Olsson

Thanks for the tips!

Can anyone with experience with lease commissions for a NNN property give some advice here? We have a stand alone building in the Phoenix area, currently occupied by a national fast food chain but they are leaving this summer so we will have to find a new tenant. The broker we are in touch with listed a commission schedule of 6% of base rent for years 1-10, 3% years 11-15, 1.5% years 16-20.

Does this seem fair?

Thanks!

Hi,

I've been looking into a new multifamily construction deal for 3 separate properties that is offering no preferred returns, just a straight 75/25 split. Is this common or a red flag?

Thanks!

Hi!

Can anyone give me a rough estimate of a fee comparison of buying into a DST vs buying a private RE deal? Looks like the DST has fairly high fees with 11% right away for acquisition/marketing/commissions/etc and then ongoing management fees. What are the typical broker commissions on owning a private deal?

Thanks!