Elvin William
What zip code or area is C and B area in Cincinnati.
15 October 2024 | 6 replies
Thanks I can definitely see the Westside being a good market for section 8 for price to rent ratio and comparative of purchase price.
Peter Faulkner
Southern Vermont - Need New Property Manager
17 October 2024 | 10 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Oladimeji Sonibare
Is Running Ads to a Preforeclosure list Illegal?
26 October 2024 | 25 replies
Making the same “quick, cash offer” that millions of others are making allows them to compare my offers to others.
Leana Ruggles
Looking for help with my first REI
15 October 2024 | 21 replies
They have deals you can look at with better margins and less competition compared to on market.
Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
15 October 2024 | 14 replies
Typically, you can get a comparable rate on a DSCR by paying for it with some combination of points and fees up front.
Elena Fabri
Property Management - CLEVELAND
16 October 2024 | 21 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Henry Lazerow
Recommendation for insurance property in LLC?
13 October 2024 | 2 replies
There’s likely a carrier that’s most aggressive in the city where your 4 unit is located and comparing your premium to that of similar properties nearby will be the most accurate assessment and point you in the direction of the most aggressive carrier.
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.
Sephr Bemanpour
New to real estate investing, any tips on identifying markets for SFH/MFH rentals
15 October 2024 | 4 replies
I'm an active investor doing cash flow deals in Oklahoma, Pennsylvania, Georgia, and Michigan.I'd be happy to compare real estate market notes with you.
Serafin Fernandez
Tenant Bank Statements
15 October 2024 | 7 replies
We use mysmartmove (by transunion) for credit score and financial and criminal details, then compare that with the information provided on the application form to look for inconsistencies.