Quote from @Bob Dole: Quote from@Ronald Rohde:  It represents more risk than they need to take. unless its a gross operating business like multifamily or SS, single tenant has a lot of risk already. 

Your realtor will do a lot of the acquisition hand holding you're looking for and BP and your local network can help with any concerns you have getting folks into the property and managing it, or you can hire a property manager to do it, albeit at 10-15% of gross and they won't do as good a job as you will.

Depends on the state but it ranges from $800-1500+ and, as Chris mentioned, we have the borrower pay for out of the gross proceeds of the loan.

I also don't believe it will be easy to gross up the sale price by the 6% and offer it as a concession although I understand your logic behind that strategy.

A gross commission of 0.6% has sex appeal, but it can’t include the direct and indirect costs of listing, plus buyer commission, plus bundling title/mortgage services, plus a reasonable profit margin.

Also the gross rent of 925 is 1.88% of the total cost which comes very, very close to the recommended 2% rule (gross rents should be at least 2% of total cost).

My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut.

Some folks pull out capital to deploy into other investments they see as a good move, but you may also want to consider the capex and debt service the property comes with as far as gross rent covering the costs.

@Michael Weigum what would the gross revenue be on a $150k beach front condo in Myrtle Beach?

I am considering a 1031 exchange to transition from a rental property with a 5% gross yield to investments in areas like Georgia or North Carolina, aiming for higher returns.