Anthony Talarico Jr
New Member Introduction
4 November 2018 | 7 replies
I'm an associate broker at HomeSmart.
David Gore
Lease Option Strategies for Commercial Office Building
28 August 2018 | 0 replies
I've flipped multiple SFHs, but this would be my first commercial deal.I've talked to several lenders, but they all have one or more issues, such as needing 25% down when I can only do 20%, proximity of property is too far from a major city (I'm in WV and no city in the entire state has more than 50,000 residents), I don't have any commercial experience or track record, etc.Therefore, I'm now contemplating asking the seller to consider leasing me control of the property for 2 years with an option to purchase within that time frame.This would provide me with the following benefits:allow me to negotiate the upcoming lease renewal of a major tenant,give me time to come up with a larger down payment,give me time to establish experience managing commercial property,give my new LLC time to establish a track record and income,give me time to find a lender willing to work with me.I will also need to pay the current listing broker their fee, and I would need to pay a deposit and monthly lease payment to the current owner.My questions are:Does anyone have experience with such an arrangement?
David Wolber
Insurance "recommendations", hidden cost of property ownership!
29 August 2018 | 3 replies
The first property I was warned about needing to have to fix the sidewalks and driveway due to trip hazards by my commercial insurance broker.
Don Carey
need advice on having separate accounts for vacancy, capex, etc.
28 August 2018 | 7 replies
I do that and keep it saved on a cloud server to prevent loss of records.
Thomas Ferreira Jr.
Lending Guidelines for Investment Loans
30 August 2018 | 2 replies
(We're a correspondent lender for PenFed - a correspondent lending relationship is the middle ground between brokered and direct... their rates and their guidelines like a broker, but originate, underwrite, and fund, as a direct lender in-house)(No, I'm not allowed to share their guidelines, either)
Amy E.
RE license vs. Wholesaling
28 August 2018 | 1 reply
In this type of relationship, what type of commission would go to me vs. my broker sponsor (I know this will vary a lot, I'm just looking for a ball park).
Zhao Wang
Can someone recommend a security camera that requires no WiFi?
29 August 2018 | 1 reply
No wifi you can hardwire your cameras.If you mean no internet then you can connect them to a DVR or camera server.
Heshie Goldfein
First property questions
3 September 2018 | 7 replies
Hello everyone,I am an investment sales broker in nyc and I also have been investing passively with a syndicator for the last few years which has gone fine.My question is this.
Anthony Heatley
Newbie moving to DFW area
10 September 2018 | 6 replies
I would love to talk with realtors, brokers, landlords, and real estate attorneys in the area.
Gloria Clarke
Commission charged to Buyer
28 August 2018 | 1 reply
Most experienced agents will have a Minimum $amount commission they will work for, and sometimes the buyer agent will have an agreement the buyer will pay extra if they are only receiving a cut rate % from the listing broker, but......these need to be disclosed in writing and agreed to by you Before making an offer.Yes, this is BS if not disclosed/agreed to upfront.