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17 October 2024 | 19 replies
I've found including these terms in my lease as a clause is easier (too many addendums can become overwhelming).
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19 October 2024 | 11 replies
Easier management--you know the property much better and can take care of issues quickly and efficiently.
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15 October 2024 | 6 replies
Seller wants them to hold EMD as easier for them to liquidate if you violate purchase contract.3) Final Inspection - this really has nothing to do with your inspection request.
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16 October 2024 | 7 replies
This is correct, a lot of the FHA guidelines have changed in the last year making ADU financing a lot more acceptable and easier.
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15 October 2024 | 5 replies
KC appears confusing and requires a local expert to tell you where to buy.
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16 October 2024 | 4 replies
@Adolphus Fletcher For multifamily investing, most real estate investors typically use an LLC for several reasons:Liability Protection: LLCs protect your personal assets from lawsuits or debts associated with the property.Pass-Through Taxation: Income and losses from an LLC pass through to your personal tax return, avoiding double taxation seen in C-Corps.Flexibility: LLCs allow for flexible management structures and are easier to maintain than corporations.Anonymity: In some states, LLCs can offer a degree of anonymity if you use a registered agent and form the LLC in a state that doesn’t require public disclosure of members, such as Delaware or Wyoming.S-Corps are should be avoided for real estate investing because of various reasons.
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19 October 2024 | 30 replies
If you find the right team, you can probably find success but that's not to say it might be easier somewhere else.
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15 October 2024 | 8 replies
But, from my personal and professional experience, larger deals are much easier to do than smaller ones.
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15 October 2024 | 12 replies
This can also make it easier to manage and keep track of each loan.- **Cons**: You'll have to deal with multiple loan applications, closing costs, and monthly payments, which can be more complicated and expensive.### Option 2: Portfolio Loan- **Pros**: A portfolio loan allows you to use multiple properties as collateral for a single loan.
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15 October 2024 | 2 replies
For a $35M property, this equates to about 1.43%, which is slightly higher but still reasonable.Market Norms:In some cases, commissions for very large transactions can be negotiated lower, especially if the property is expected to sell quickly or if the broker anticipates minimal effort to close the deal.The presence of a flat fee for properties above certain thresholds is not uncommon and can provide predictability for both the seller and the broker.Conclusion:The commission structure provided in the image appears to be fair and within the typical range for large commercial real estate transactions.