Clayton Silva
Hot Topic: Rates don't matter nearly as much as you think they do
26 August 2024 | 24 replies
I took your advice to mean they are only getting paid on their fees, not the rate charged.Lenders make their fee 1 of 2 ways typically.Lender paid compensation= the lender/broker fee is baked into the interest rate (most transactions are done this way but it makes it difficult to understand the actual base rate of the lender because they may charge more or less than other lenders so the comparison is not apples to apples).Borrower paid compensation = the comp is paid directly by the borrower as a line item in Section A.
Jordan Benty
Seeking first investment property in central Oklahoma/Edmond!
26 August 2024 | 8 replies
Challenge is finding an agent willing to do this - so, you may have to offer them a flat fee for each offer.
Jason Malabute
tax prep and accounting cost
29 August 2024 | 23 replies
For example, we once charged a flat $300/month to do bookkeeping for up to 5 properties and roughly 5 different accounts.
Kevin Fox
Value/Return Rooftop Deck/Rooftop Terrace
25 August 2024 | 1 reply
I am building a vertical addition above the existing main level which would have vaulted ceilings OR alternatively the front half would be vaulted and rear where the bath/closet is situated would have flat ceilings with rooftop deck above.
Randi Nicole
Any investors that can give me feedback on a deal in a challenging neighborhood?
24 August 2024 | 2 replies
I recommend you add a little more detail to this post.. what kind of property etc etc.I have done probably more than 12 to 15 deals in south side all 2 to 4 flats.. at first they all sold to investors the last 3 or 4 sold to owner occ.
AJ Wong
NAR Rules: Less transparency for investors and brokers & what nobody is talking about
25 August 2024 | 10 replies
I also when things were hot before interest rate spikes I just followed what Lennar was doing. they had a flat fee of 5k.. which for thier product was basically 1% buyer agent fee.. my product was / is 700k plus so I was just posting 9750.. flat fee and had no problem with agents bringing in buyers .
Jacob Polin
ADU Building| Anyone Recommend a GC for ADU Construction in Oakland?
23 August 2024 | 1 reply
Detached ADU behind SFH, on flat ground with excellent access, in Adam's Point/near Lake Merritt.
James McGovern
What are Best Practices for Agent Remarks when Listing property with a Flat Fee...
20 August 2024 | 1 reply
What are Best Practices for Agent Remarks when Listing property with a Flat Fee Broker?
Albert Johnson
Shared electricity on two units
25 August 2024 | 10 replies
To avoid all issue we charge a flat fee to both tenants and we pay the bill.