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12 February 2021 | 45 replies
I recently filled out a survey they sent me and said all these things essentially, and the broker called me to "go over a few of these issues" with me.
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28 April 2023 | 116 replies
Also after filling out a customer service survey, they sent a Starbucks card to show their appreciation.
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7 July 2022 | 5 replies
The best way to start connecting with LPs and GPs to get a survey of the landscape and then talk to different GPs to see which is the best fit for your portfolio.
8 February 2024 | 4 replies
Factor in about 10% of the sale price to go towards closing costs (transfer taxes, commissions, attorney fee, etc) and miscellaneous expenses and you're at $625K so far - this is NOT including demolition costs, holding costs (taxes, utilities, insurance, management, etc), architectural drawings, surveys, building department filing fees, etc.That said, you may also want to consider the costs and potential benefits of adding sq ft. to the existing home and/or updating the home to potentially boost your sale price.All the best!
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10 June 2018 | 7 replies
Shaun Draughn commercial is probably different then residential, but I’d get a rent roll, and expenses break down (with documentation), environmental survey, inspection, including plumbing, etc
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1 November 2019 | 2 replies
In your opinion what is a reasonable developer fee for building a typical 8 unit 15000 square foot strip mall ? I do realize there are a lot of variables I'm just trying to get an idea whether it is 1 1/2 to 2% or 3% ...
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28 January 2021 | 0 replies
I am looking to buy new construction of townhouse and surprised to see that seller passes following fees to buyer in closing costs:Impact Fee - Water: $1129Impact Fee - Waste Water: $2554City Development Review: $8128Environment Review: $275Water Connection: $775Electricity Connection: $112950% Credit for City Development Review: ($4064) Total: $15,426 - $4,064 = $11,362Plus they already want to charge buyer builder fee that is 1.75% of purchase price.I know everything is negotiable but I have never seen that buyer paying any of these impact fees, review fees and utility connection fees (If so, why don't sellers charge buyers soil test, elevation survey, architectural drawing, pluming permit etc.?
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9 January 2024 | 3 replies
A record number of consumers surveyed by Fannie Mae say they expect mortgage rates to keep falling over the next 12 months — a “significant shift” in consumer expectations that could free many homeowners from the mortgage “lock-in effect” and boost the supply of for-sale listings in 2024.More than eight in 10 Americans (83 percent) still think it’s a bad time to buy a home, Fannie Mae’s latest National Housing Survey found.
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17 September 2022 | 10 replies
If they can't find anything obvious, next step would be to visit an engineering firm and have them do a preliminary analysis.Some big questions would be whether you plan to leave the existing house, whether this is easy access to all lots, what the utility requirements are, whether it's public sewer or septic, and if septic, is there room for a septic field, etc.If the initial engineering analysis is promising, you'll need to do site surveys, a site development plan and potentially some environmental planning.
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9 April 2017 | 3 replies
The survey companies have quoted around 8K to plat into one commercial reserve- not cheap.