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24 April 2018 | 17 replies
Here PM companies are expected to provide routine checks of properties, both the commitment and cost are baked into the service offering - so ultimately the client pays (PM fees are typically 7-10%).It still falls short of what we do in-house for our own properties (one of the reasons we are growing our own capability).
22 April 2018 | 11 replies
Plus, many builders are only giving realtors a flat fee, generally 10K and in the contract state that the agent is not allowed to rebate any money to the buyer.
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10 May 2018 | 4 replies
Also, in FL at least they give more room for units where you pay the utilities.
4 May 2018 | 11 replies
I contracted him for my 3 flat, but it was a nightmare!
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24 April 2018 | 16 replies
My understanding/impression is that most of the 15 tenants are in the 700-1500 sq ft. range with the largest space being 2200 sq. ft.The Office Submarket looks as such: Flat capital growth and lease rate growth since the recession13.7% average vacancy rate in submarket 3 star (10.9% across all level properties)Availability rate 13.9%12 month net absorption SF 227kAverage 12 month sales Cap 7.7% (across all star properties)0 new properties under construction or to be delivered in the next 12 months Average lease rates are $22-24 sq. ft (this property is about 21.5-22)Value add (seems to be a stretch but might be):Upgrading interior hallways and exterior for a broader appeal and capital appreciationOffer basic build outs to interested parties (not something the current owners do) Working against the office submarket in North NJ is a declining population.and high property taxes but the 2 star being at the bottom may be better equipped to handle stagnancy.This building is on main road with a15-17k car count a year/ does provide signage is near retail and less than a 1/5 mile off a highway exit and is close to a city center.
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25 April 2018 | 6 replies
This seems too good to be true and I would like to bake in an entry in my own pro forma for management.
4 April 2020 | 6 replies
I found out that if i pick openlisting.com or reali (reali just has a flat fee), i get maximum returns from buyer agent commission.
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24 April 2018 | 7 replies
I know it could be a commission based percentage , flat fee, or combo of both.
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21 January 2019 | 7 replies
I bought my first property in Chicago (A two flat) in February, and I have just approved my first tenants for June 1st.
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6 May 2018 | 6 replies
It sounds like per property is more appealing for a flat fee.