The broker gets their money, but doesn't rape an agent that is producing a ton.

Absolute (sells to the last and highest bidder regardless of price)Reserve (seller and I agree on a minumum price for a sale to take place)A 10% Non Refundable deposit is taken the day of the sale and closing takes place with all cash and no contingencies within 30 to 45 days.Auctions do not produce foolish people that are going to pay more than what a property is worth.

Successful operation for 2-3 year will lead to a substantial increase in value and produce significant cash flow.

The way I understand it, commercial properties like that are valued according to the income they produce.

to produce enough passive income so that I can invest full time.Thanks!

“The Journey is as important as the destination” Keep in mind that real estate is a process that typically does not produce immediate cause and effect outcomes like many things in life.

I have several commercial investors whom I have established relationships with whom have asked me to sniff of a few Apartment Building for purchase w/good cap rates and are willing to spend between $500,000. and $1,000,000.What is a fair % percentage to ask the broker to pay me for producing a ready to go buyer should they indeed purchase?

It isn't wise to make expenses that are not covered by the positive income that your rental unit produces.

More frightening is the requirement that the lender/underwriter produce a committment letter 5 days before closing or suffer the consequence.

He just bought a rental and supposedly using this set up he will make $4000/month positve cash flow after it is rented in an area that usually only produces break even cash flow.