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My broker's fee is 6% on all listing contracts. Yes, everything is negotiable but how do other agents counter when a seller says "6% is too high". How do you make the seller see your value in that 6%? How often do you...
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Hey BP community -I want to throw a question out there for those in the 100+ unit multifamily space, specifically investors, sponsors/syndicators or anyone who looks at a lot of deals. Do you have a target MOIC (multi...
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A Happy New Year to the BiggerPockets Community!While I wait with baited breath for Brian Burke's annual market analysis for the coming year...(His 2016 analysis: Best markets to buy multifamily in 2016: A round-table...
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I have been analyzing a 10 unit apartment building. I found it through a traditional broker not a comercial broker. Seller is providing scanty records such as no Rent Roll or detailed expenses. I have submitted an off...
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Hi. First time posting. I’m looking for some guidance whittling down a market to focus on. My goal is cash flow for retirement, 30 years from now. I am risk adverse and don’t want a lot of hassle and upkeep. My budget...
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Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...
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Hey I'm a new investor and I'm planning to purchase my first multifamily in the next year (20 units or so). I'm not looking to manage it myself, so I'd like to get a property manager on board early. I've found a coupl...
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Hello all, My wife and I are looking to invest in our first multifamily home. We're currently in the early stages of the process (i.e. haven't talked to a lender). We both have good credit scores but unfortunately due...
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Hello everyone!I am 29 years old and I have been investing in real estate for the past 3 years. I currently have 300k cash to put down towards my next purchase. I own four single families homes, a duplex and a triplex...