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20 November 2024 | 6 replies
I could possibly offer content on what NOT to do in some situations, including syndications....
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21 November 2024 | 14 replies
Other options include partnering with someone with better credit, negotiating seller financing, or leveraging existing property as collateral.
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19 November 2024 | 26 replies
Kind regards,MichelleIt has to do with this issue of GLA (gross living area) and how its calculated and included in the appraisal.
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21 November 2024 | 2 replies
A lot of data centers, including Cologix who recently made an announcement are being developed there.
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21 November 2024 | 15 replies
This is the entry point I’d recommend with high CoC returns and includes your downpayment (20-25% down), closing costs and the furnishing/design budget.
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19 November 2024 | 1 reply
Do I draft the contract price for higher than the actual build price that would include our estimated profit (sell price) or would a separate agreement between the lot owner be sufficient enough that outlines the deal since we don't know the actual sell price until it goes to market?
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14 November 2024 | 7 replies
Hi Everyone!I’m new to BiggerPockets nice to be here! This community is super informative. I was hoping to pick some brains.
I have a client who is a partner with two others in a commercial building. They’ve listed t...
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20 November 2024 | 5 replies
You’re acting as the assignor, so once the assignment agreement is signed, the buyer takes on the financial responsibilities outlined in the PSA, including the EMD submission.
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19 November 2024 | 0 replies
At a bare bones minimum, the letter confirms the start/end dates of the lease, monthly rent, paid-through date, absence of any prepaid rent other than the current month, and security deposit amount.Better, it will include statements there are no unresolved claims or disputes or repair issues with the current landlord, and no verbal or written side agreements.Better yet, it will include a copy of the tenant's lease, and a confirmation the lease is a true and correct copy with no amendments.
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20 November 2024 | 3 replies
Both things are happening.Buyer agent commission is still negotiated up front with sellers although there is the option not to compensate a buyer's agent - aka have the buyer pay their agent.We also tell buyer's agents to include their commission in the offer.