Daniel Frank
Candlelight Park Apartments (LP)
15 October 2024 | 2 replies
Purchase price: $15,400,000 Cash invested: $125,000 128 unit apartment complex located in Dallas, TX.
Patrick Belanger
Hello from Edmonton, Alberta
15 October 2024 | 1 reply
My wife is also part ofa LP/GP (where she is the asset manager) that acquired a value-addapartment complex in Houston, where the renovations are now complete, and theGP is in preparations for the refinance.We are currently working on further expanding ourlocal portfolio and are planning out our next larger acquisitions.
Lia Veit
New investor looking for advice
23 October 2024 | 22 replies
Together, we can navigate the complexities of your first investment and set you on a path to achieving your long-term goals.Wishing you the best of luck on your real estate journey!
Daniel Frank
Town East Apartments (LP)
14 October 2024 | 0 replies
Purchase price: $17,100,000 Cash invested: $100,000 190 unit apartment complex in Mesquite, TX
Daniel Frank
19 Eleven Apartments (LP)
14 October 2024 | 0 replies
Purchase price: $4,630,000 Cash invested: $125,000 56 unit apartment complex located next to Baylor University in Waco, TX.
Daniel Frank
The Avery Apartments (LP)
14 October 2024 | 2 replies
Purchase price: $12,300,000 Cash invested: $30,000 168 unit apartment complex in Greenville, NC.
Daniel Frank
Rise at Highland Meadows Apartments (LP)
15 October 2024 | 3 replies
Purchase price: $39,050,000 Cash invested: $150,000 328 unit apartment complex in Dallas, TX.
Max Bellino
Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate.
Chris Blackburn
Real Estate commissions? Thoughts on a $34M sale $400,000 ($200,000 per) to $500K
15 October 2024 | 2 replies
Here is what one of my 4 AIs say:The commission structure detailed in the image for a real estate transaction involving a property valued between $30M and $40M is as follows:Under $34,000,000: 1% (0.50% per side)$34,000,000 - $34,999,999: $400,000 ($200,000 per side)$35,000,000 and above: $500,000 ($250,000 per side)To evaluate whether these commissions are fair for a 112-unit apartment complex valued between $30M and $40M, let's compare them to typical real estate commission rates for large commercial properties:Typical Commission Rates:For commercial real estate transactions, commissions generally range from 1% to 3% for properties valued above $10M.
Daniel Frank
Waco Centre Apartments (LP)
15 October 2024 | 6 replies
Purchase price: $9,850,000 Cash invested: $100,000 96 unit apartment complex located next to Baylor University in Waco, TX.