Adam Taylor
Thoughts on Sensitivity Tables and Equity Multiple Figures
17 June 2024 | 8 replies
I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through & find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.
Derek Fortin
Help with ethical deals
17 June 2024 | 12 replies
There's typically a time limit to how long that lasts, but the fact is this agent helped you and is considered the "procuring cause" of the deal, so you should honor that and ensure they are paid.It was unethical of you to approach the buyer and try to cut out the agent, and it is definitely unethical of the seller, which makes me question whether the seller is someone you want to deal with.
Brian Freeman
My Story of being scammed by Morris Invest and Oceanpointe
15 June 2024 | 54 replies
Get help from Fund & Grow after paying them $3000 in procuring funding to buy one of Morris Invest's Turn-key new construction 3 bdrm, 2 bath homes for $68500 plus closing.
Andrew Stringfield
Feeling around in the dark on first possible partnership
8 June 2024 | 2 replies
You procure a cash-out loan from the bank and use that cash to pay off the partners.
Timothy Michael Mick
Transaction Coordinator Law
9 June 2024 | 35 replies
the TC is not the procuring cause of the transaction and that is the definition of needing a license bringing buyer and seller together for compensation.
Scott Trench
Good Fees Vs Bad Fees For Property Managers
5 June 2024 | 10 replies
.- 50% of 1st months rent when procuring a new tenant.- 10% project management fee for project $2,500+.- $25/hr for extreme maintenance circumstances (ie hurricane clean up)Thats it... neat, simple, easy to understand, AND transparent.
Bernardo Cunha
Are investors willing to invest abroad in this website?
31 May 2024 | 16 replies
That doesnt help you much, but I would focus on starting small, and trying to procure your own financing on a multifamily property and live in a unit while you rehab others.
Skyler Lehman
Property management Pricing
22 May 2024 | 19 replies
The procurement fee normally ranges between half of first months rent and a full months rent.
Cindy Gregg
Capital Gains Taxes
20 May 2024 | 2 replies
I don't think procuring a new mortgage would be beneficial unless you need to pay off the cards.
Kyle Doherty
Joint Venture Structure with Builder (development projects) Is this a fair structure?
16 May 2024 | 8 replies
Essentially I am finding and procuring the land/lot via traditional financing and funding everything through the development phase until we get to Construction Loan.