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.
Lake Bradford
Thinking about investing in real estate
15 October 2024 | 5 replies
That being said, most lenders will require at least two years of W2 tax returns to verify income and assess risk when granting a loan, so acquiring finance may be complex.
Yash Chauhan
Motel to Apartment Conversion
13 October 2024 | 3 replies
Plan right now is to convert these rooms into micro apartment complex.
Nupur Daruka
Tenant issues with neighbor
14 October 2024 | 7 replies
Hi I own a rental apartment in an HOA complex that is rented out to a person who is part of state funded DDS program.
Mario Casarez
What's Bigger Pocket's view on IG Gurus like Thach and Jake....
24 October 2024 | 55 replies
Now I see the issue as a bit more complex.