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15 October 2024 | 40 replies
In case you're involved in riskier tactics, having an LLC might provide you further assurance.Understand Local Laws: Recognise local laws pertaining to LLCs and property ownership.
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15 October 2024 | 2 replies
Hello everyone,As someone actively involved in the real estate market, I'm curious to hear from other investors about what key factors you consider when deciding to invest in Nashville, TN.
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15 October 2024 | 5 replies
I guess RentRedi wants to control everything and everyone involved in their system.
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15 October 2024 | 5 replies
You may also want to set some keywords around "agent" and "lender" for that market to get to know who the players are in the space that are involved in the community.
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15 October 2024 | 14 replies
I was heavily involved in the renovation and am relatively familiar with the construction side.Our plan is to hold this property for long term and then wait for a couple of years to add more to the portfolio.
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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.
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14 October 2024 | 2 replies
Hello BiggerPockets,I’m Jess, and I can't wait to get involved with this community.
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17 October 2024 | 20 replies
Heck, we see it on the forums (and in social media) all the time and it does not even involve big words.
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15 October 2024 | 6 replies
Hey your agent involved to get answers to the questions and speak directly with seller / sellers agent
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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.