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6 April 2024 | 8 replies
I outlined in my lease that the tenant agreed to allow me to show the property if necessary to rent the unit out.
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4 April 2024 | 14 replies
Once you have them under contract, just post them here under the Classifieds forum.Of course, to do it right you'll need many pics, an outline of any needed repairs, projected ARV with supporting data, etc.
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4 April 2024 | 14 replies
I'm looking to become a commercial real estate broker specializing in Industrial and Office, and am in need of some books that most comprehensively outline the life cycle of a commercial real estate deal.
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4 April 2024 | 20 replies
This should be outlined on the formal quote, but most will have origination points and an underwriting fee (this is also referred to as processing or service fee too). 9.
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4 April 2024 | 14 replies
Two that come to mind are you could buy in a Corp entity (LLC) and he could be a member in the LLC (80/20) as you reference above; or you could buy the property and enter into a JV agreement with them that would outline the compensation structures.
3 April 2024 | 4 replies
It's not rare that a developer complets a project with 30-40% profit from sales that together with presale and leverage can drive to a much higher IRR.It's possible that an attractive offering model should include the option to switch to ownership of condos plus short term rental at the end of the construction.I will be happy to hear your input on the ideas I outlined here.The
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4 April 2024 | 19 replies
Typically they will outline you the floor and ceiling on that rate to give you an idea that if rates drop, what's the min on it.
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5 April 2024 | 43 replies
Let's say the PM is responsible for snow removal and this service is clearly outlined in the management contract, but the PM fails to clear the snow and a tenant slips and hurts themselves.
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2 April 2024 | 10 replies
Here's a link to the Fannie site that outlines the occupancy verification procedures:https://singlefamily.fanniemae.com/media/26241/displayAnd, keep this in mind: it's one thing to not meet the 12 month occupancy requirement - life happens.
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2 April 2024 | 7 replies
What you want is doable, outlining your contract agreement in a non-binding LOI with the owner, for instance, referencing what you speak of, rent abatement, TI allowances if needed, due diligence time frame, and general lease terms needed.