I've got a deal I'm under contract for with a hard money lender providing 12% annual and 3pts on up to 75% of ARV. This sounded like a standard rate so I was going to apply. Just curious if this is agreeable. Any gotc...
Hello everyone.Newbie investor getting ready to sell first property. It appears I'll need a 1031 exchange to offset substantial capital gains. The Qualified Intermediaries I am vetting have provided their exchange agr...
Let's say a $500,000 5 plus unit residential building is about to close… What percentage of the transaction is typical for closing costs?
1%? 3%? 5%?
Thanks!
Im entering discussions regarding an acquistions manager job. How are acquisitions managers typically compensated?
Is it typical AM is a part-time job or is it typically a full-time position?
Hello Fellow Investors,I am looking to acquire more long-term rental properties. I would like to ask the following:1. Which markets (Cities, States, Counties) are producing the highest cash flow while keeping purchase...
I am curious: what are typical occupancy rates, and how do we measure and compare them? For last three years I had good occupancy, now seeing a slowdown - not sure if it is a market shift or just normalizing from the ...
I"m just curious. Do you think appraisers typically make reports strictly from data or do you think personal bias play a factor. Example: most sales data for a house is public record and do you think you get the same ...
I'm getting quotes on 20% down ($185k price) of 5% and up. Should I keep shopping around or are these rates consistent with what others are seeing? I'm in DFW / Dallas area.
I've been self-managing my portfolio since I started investing and have decided to hire a property manager for a duplex that I'm purchasing. I'm reviewing their management agreement and came upon:Is this a typical co...
First, I am learning that "typical" and "commercial" should not be said in the same sentence. But a couple questions for those with experience in multi-family apartment complexes.First, what should I expect to pay fo...