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2 April 2024 | 9 replies
Pretty much everything is negotiable in real estate.Loan Origination is how much the lender is going to make on the file (if direct lenders: this is typically a junk fee; if brokers: this is your loan officers compensation).Points: this is the cost for the rate itself (if direct lenders: this can be negotiated, as they manufacture the rate sheet with profit baked in; if brokers: the rate is the rate, you are getting bottom of the barrel pricing).Credit report/appraisal: these are the actual costs -- no money can be made.
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1 April 2024 | 6 replies
I would like to compensate them by paying a bit extra, but what amount is too little and how much would you say is too much?
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4 April 2024 | 42 replies
I keep a little 7.5 cu ft fridge and offer to have my handy man deliver it the same day a tenant reports a fridge out. https://www.amazon.com/RCA-RFR725-Apartment-Refrigerator-Sta...I have our appliance guy out if it's a newer appliance or I go appliance shopping if it older than 7-8 years old.If tenants want other additional compensation, I tell them that it's not my job as the landlord to protect them from every inconvenience; we will provided a compact fridge for temporary use on request and promptly schedule a repair and replacement and they should contact their renters insurance to determine if any additional benefits are available.
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31 March 2024 | 1 reply
San Diego flood victims are being provided permit amnesty so that previously unpermitted work can be rebuilt.It is interesting that if your property has unpermitted work, the city is providing amnesty so that the property can be rebuilt as it was prior to the flood.
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1 April 2024 | 8 replies
Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.
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30 March 2024 | 2 replies
It may give some in the "community" some experience, but it sure goes wrong for the people they practice on.Now, let's see, they said to approach the client/victim at a high angle . . .
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30 March 2024 | 12 replies
As far as compensation in the form of cash flow/equity, those numbers would need to be negotiated on a case by case basis.
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31 March 2024 | 14 replies
You'll have to compensate for that with low prices and convincing them that you are young, hungry, and will not be outworked.
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30 March 2024 | 12 replies
Others will kick and scream and demand you give them three months of rent free.Talk to your renters and get an idea of their expectations, then develop fair compensation.
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30 March 2024 | 3 replies
Then you can both agree on compensation for their time and involvement.