Jilliene H.
Syndications
16 September 2019 | 82 replies
Please note that the risks associated with becoming a sponsor of a syndicate are numerous and as such it is always advisable to consult with your attorney and/or partner with more experienced individuals who have a proven track record of successful syndications.Benefits to the Syndication Sponsor:Leaving aside the personal satisfaction of providing a genuine, distinctive service to your investors, the financial benefits can be extremely lucrative.Some of the many financial benefits are:Brokerage Fees: if the syndicator is also a broker or is good at finding properties, there is an inherent brokerage fee (or finder’s fee) that may be earned on behalf of the investment for finding, negotiating and closing the transaction.Acquisition Fees: similar in nature to the brokerage fees, as a syndicator of real estate deals you can receive compensation for finding the property, conducting the due diligence and structuring the deal.Acquisition fees can be a flat fee ($50,000, for example) or range anywhere from 1% to 5% of the purchase price.Asset Management Fees: as a syndicator you have the fiduciary responsibility to manage the partnership.This may include overseeing the legal paperwork, accounting, negotiating property management, rehab, etc.
Ella Blue
New Member from New Jersey
5 October 2016 | 23 replies
But building my portfolio in NJ for numerous reasons.
Justin Hammond
Can I kick her out?
2 October 2016 | 10 replies
followed by numerous comments between her and her friends plotting to make this party pretty destructive.I immediately texted her and told her that plans have changed, and she needed to be out of the house in a week.
Chris Gordon
Locals' opinions on where to move to.
22 January 2017 | 8 replies
I've met numerous retirees who don't work and live off all military/VA entitlements.Great school district.
Connor Donovan
SUNY Oneonta / Hartwick Student Rental Inquiry
11 October 2022 | 13 replies
It seems as though a lot of residential houses are split up into numerous apartments and zoned as multifamily.
Benjamin Orr
Handling Deceased Tax Sale Property No Heir/Will
22 September 2016 | 23 replies
Posting to look up Brad Dornish is fine; his name has been posted on BP numerous times already.Maybe @David Krulac will choose to add something to the discussion - if he can drag himself from attending the Tax Sales ...
Pete Perez
Question About Recent Flips in Tacoma
18 October 2016 | 16 replies
While living in the South End I had to contact police numerous times due to constant drug deals in the neighborhood, people passed out on the sidewalk during the day, gun shots, etc.
Tirzo Quintero
My Agent Willnot put an Offer becuase is too low.
11 October 2018 | 66 replies
I have seen numerous times where a seller just gets fed up and accepts a dramatically lower offer.
N/A N/A
Mold
11 July 2007 | 7 replies
Whether it causes structural problems or not, I don't know, but the dampness that allows it to grow there--mold is alive-- will.Mold causes numerous health problems, many respiratory.
Dave Kennedy
Sub-2 and flip books - which do you like?
8 May 2009 | 3 replies
Good to know Wendy's book gets your praise.