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18 August 2018 | 3 replies
Commercial real estate is partially about the property value, but mostly the value is derived from potential cash flow.Start with a market rent survey.
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11 June 2018 | 3 replies
If financed you can tack on points, origination, appraisal, survey, lender title insurance.
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22 June 2018 | 16 replies
I wonder if the TAA and other local apartment associations post data or do surveys?
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11 June 2018 | 0 replies
I'm trying to buy a property where the seller wouldn't provide a land survey report or pay for one.
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11 June 2018 | 1 reply
Lender Origination fee - I understand this.B.Services You cannot shop for $612 ---> I understand this.C.Services You can shop for Survey - $250 --> What is this fee for?
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26 June 2018 | 18 replies
You should have done a good market survey with some boots on the ground visits to your competition to see the range of what you can get for the product you are offering.
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4 November 2017 | 6 replies
If you're trying to market to investors and developers you need to understand how to run a pro forma and do some calculations instead of just forwarding newly listed properties that don't even pencil out.For development, you will need to understand even more the due diligence developers need to evaluate or do before building--soil report, survey, civil engineering, zoning, set backs, FAR.
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3 November 2017 | 11 replies
You can do this through an email survey or over the phone.
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3 November 2017 | 7 replies
The rental growth comes from surveys of apartment buildings (5+ units.)
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8 November 2017 | 3 replies
PURCHASE COSTS: Purchase Price ($62,000.00) Inspection(s) $400.00 Appraisal(s) $450.00 Survey(s) $0.00 Lender Fees/Costs $0.00 Closing Costs ($5,200.00) Other $0.00 Total: -$66,350.00 REHAB COSTS: Labor (from page 2) ($13,900.00) Materials (from page 2) ($16,380.00) Total: -$30,280.00 HOLDING COSTS: Mortgage Payments $0.00 Property Taxes ($300.00) Insurance ($700.00) Utilities ($900.00) Lawn Care $0.00 Other $0.00 Total: -$1,900.00 SELLING COSTS Selling Price $130,000.00 Commission To Agents ($7,800.00) Buyer Home Warranty ($500.00) Buyer Termite Letter ($50.00) Buyer's Closing Costs $0.00 Seller's Closing Costs $0.00 Total: $121,650.00 PROFIT: $23,120.00 On to my questions:- Other than potentially needing to pay some of the end buyer's closing fees, am I missing anything else that should be accounted for?