Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
So its not uncommon to have further regulations to ensure that the public is protected from bad actors..
Chris Blackburn
Real Estate commissions? Thoughts on a $34M sale $400,000 ($200,000 per) to $500K
15 October 2024 | 2 replies
For a $35M property, this equates to about 1.43%, which is slightly higher but still reasonable.Market Norms:In some cases, commissions for very large transactions can be negotiated lower, especially if the property is expected to sell quickly or if the broker anticipates minimal effort to close the deal.The presence of a flat fee for properties above certain thresholds is not uncommon and can provide predictability for both the seller and the broker.Conclusion:The commission structure provided in the image appears to be fair and within the typical range for large commercial real estate transactions.
Abhishek Singhal
Property manager refusing to provide receipts of repair
12 October 2024 | 15 replies
If it's internal then good luck getting them to share the invoice because it's not uncommon for extra hours to be billed for profit or when handyman hours are short that week.Scope: What was the scope that they repaired?
Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
11 October 2024 | 11 replies
By and large, MTR residents are coming to work (or for relocation due to flood, fire or wind), and they approach finding housing with their analytical brain, not the emotional one.It's also not uncommon that the person tasked with finding accomodations for the MTR resident isn't going to be staying there at all.
Paul Bradley
Non conforming 4 plex in Phoenix
6 October 2024 | 1 reply
It's been pretty tough to find anything that cash flows lately, so we're going to move ahead despite this after being told it's not an uncommon situation in this particular submarket.We'd like to try and up zone so that it's no longer non-conforming.
Jasmin Elalfy
Fix and flip deal in
6 October 2024 | 1 reply
Buying off-market from a wholesaler can definitely offer some good deals, but it’s not uncommon for a partial renovation to turn into a full one, as you've experienced.
Austin Wolff
Is building new always better than buying?
9 October 2024 | 17 replies
New development is an uncommon strategy for part time investors.
Sean Kirk
Opinions / Advice on Brokerages That Provide Access to Instant Buyers?
3 October 2024 | 3 replies
It was not uncommon that they bought some of the worst houses (weird layout, dated, much deferred maintenance) in the nicest neighborhoods and then would try to relist them as-is to make a profit before ending up having to do the actual work required to the property for it to sell again, selling at a loss, or maybe making a little bit of money in transaction fees.
Melanie Baldridge
What the "in-service" means
1 October 2024 | 1 reply
When it is a new development, it isn't uncommon to see someone use the date the Certificate of Occupancy was issued - perhaps that marks the "ready", but it still might not be "available".So you can certainly have a property in service in a given year, but not actually have any rental income - but certainly your facts and circumstances are much better if you can actually get a tenant in there, that (should) shore up your defense on that question ever coming up unless you are playing weird games just to get a given in service date for tax purposes.
Leah Ramsey
Getting a loan
30 September 2024 | 7 replies
Not an uncommon situation, and depending on the exact details there are still some community lending incentives you could have as a first-time borrower to help with the costs.