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17 October 2024 | 4 replies
@Ricardo Polanco I would not grant buyer early possession without a large nonrefundable deposit.
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20 October 2024 | 32 replies
Anyway, I'm thinking maybe HF has more advantage for online bidding, as they could essentially create many virtual IDs and have a large pool of fund to leverage.
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17 October 2024 | 7 replies
Further, it's always a good idea to do due diligence into the association itself to make sure it has adequate reserves in case of any large future expenditures.
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13 October 2024 | 7 replies
It seems by now people would expect, and I'd like an online format.
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21 October 2024 | 13 replies
@Ross KaneThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.
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16 October 2024 | 11 replies
(Large hump in middle of room plus cracking along drywall), mine has a large basement(cant count as living space due to no egress) old kitchen cabinets, old furnace, old windows(condensation in between panes).
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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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15 October 2024 | 1 reply
Here, investors seek mansions on large, exclusive properties with direct access to private beaches.
13 October 2024 | 9 replies
My recommendation is to start by truly understanding what owning your properties in an LLC will do for you before spending money on entity formation and the subsequent transactional costs.