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15 October 2024 | 26 replies
I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate.
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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.
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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.
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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.
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17 October 2024 | 20 replies
Being a landlord is far too complex, far too time consuming, and far too nuanced to do out of state even for many experienced investors, let alone just starting out.
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13 October 2024 | 3 replies
Plan right now is to convert these rooms into micro apartment complex.
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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.
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15 October 2024 | 15 replies
I remember when I was starting out, deal analysis felt like trying to solve a complex puzzle without all the pieces.
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15 October 2024 | 40 replies
These are more complex legal structures that can provide even more protection than a traditional LLC alone.
12 October 2024 | 8 replies
I I would speak to some more attorneys because this is a complex situation.