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9 July 2024 | 11 replies
If you are talking about the condo HOA fees, most of them run between $400 for a smaller unit to $600 for a larger unit.
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8 July 2024 | 4 replies
If you’re talking about paying over asking or having a larger downpayment: Those aren’t expenses.
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10 July 2024 | 0 replies
You can see how this gets complex quick.On Building Big Infrastructure in the USAAnd, if I may be so bold, a note on larger infrastructure that obviously affects the real estate economy: What about large infrastructure project that get bogged down in litigation?
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9 July 2024 | 2 replies
The demand for homes with a bit of land and a shop is high where I live, leading to a larger buyer pool and quicker sales.
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9 July 2024 | 6 replies
While a higher purchase price may suggest elevated rental income, it also entails larger monthly payments, potentially impacting cash flow.
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11 July 2024 | 6 replies
The larger the deal, the lower percentage the fee should be.1-2% Asset management fee5-8% preferred return to investors (I don’t like higher than 8%, as this forces the sponsor to sell, in order to profit)70/30 to 80/20 split (I don’t like 90/10 splits, as there is little incentive for the sponsor to perform)A waterfall that incentivizes the sponsor at a 13-16% IRR is ok as well.
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8 July 2024 | 8 replies
It seems like now the differentiator is offering a place larger, and nicer than a hotel - motel room.
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12 July 2024 | 23 replies
Not all PMs are the same.You can also look at buying a place with a legal suite or a duplex-you can live in one unit and rent the larger unit or the unit that will give you the most rent.Narrow it down to a few options and then ask them for pros and cons of each after you've made your own list of pros and cons.
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8 July 2024 | 9 replies
Usually the Veteran is using the "Change of Life" circumstance which means they are moving out of state, closer to work, school, or moving into a bigger home for increased family, out of a multifamily into a SFR, it also applies to retirees or disabilty if moving out of a larger home and into a smaller one due to up keep or mibility.Most VA loans have an assumption clause as well.
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9 July 2024 | 17 replies
Consult a structural engineer for other material choices.