Chris Blackburn
Real Estate commissions? Thoughts on a $34M sale $400,000 ($200,000 per) to $500K
15 October 2024 | 2 replies
Here is what one of my 4 AIs say:The commission structure detailed in the image for a real estate transaction involving a property valued between $30M and $40M is as follows:Under $34,000,000: 1% (0.50% per side)$34,000,000 - $34,999,999: $400,000 ($200,000 per side)$35,000,000 and above: $500,000 ($250,000 per side)To evaluate whether these commissions are fair for a 112-unit apartment complex valued between $30M and $40M, let's compare them to typical real estate commission rates for large commercial properties:Typical Commission Rates:For commercial real estate transactions, commissions generally range from 1% to 3% for properties valued above $10M.
William J Anderson
Rookie Realestate Investor learning the craft
6 October 2024 | 2 replies
At GenAlpha3 LLC, our mission is to provide quality, affordable housing through ethical management, ensuring safety, comfort, and fairness for all residents. We aim to create a harmonious living environment by adherin...
Abhishek Agarwal
Advice Needed: Seller's Counter Offer Raises Concerns - LTV, Inspection Timing.
15 October 2024 | 6 replies
Hey your agent involved to get answers to the questions and speak directly with seller / sellers agent
Diaz Principe Nicolas
STR and MARKETING - INFLUENCERS
15 October 2024 | 9 replies
That said, since I'm not actively involved in it myself, I may not be the most credible voice on the topic.
Joseph Braun
Should I avoid Baltimore?
19 October 2024 | 30 replies
The state of Maryland got involved did an inspection of the home.
Jonathan Greene
5 Things Not To Do as a Real Estate Agent on an Investor Site
15 October 2024 | 34 replies
All the DMs from agents, licensed real estate and a few from disposition (something involving wholesaling??)
Angel Mora
Evernest Property Management
16 October 2024 | 24 replies
Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
The only thing crashing are the ones not getting involved in this market, a lot of money to be made!
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
Get yourself in front of it first, you also completely ignored any risk factors(for reserves).And trust me, as someone who bought 40 + in one year, there's a ton more work and a ton, ton more capital involved.
Melanie Baldridge
Do you qualify as RE PRO?
14 October 2024 | 3 replies
The IRS uses material participation tests to determine if you are actively involved in an activity.