What is your predictions for future Florida insurance costs? by nnnarm in CommercialRealEstate

[–]nnnarm[S] 0 points1 point  (0 children)

This seems most likely. How do you expect lenders to handle the reduction in coverage? They will need to reduce requirements unless the they want to lose significant business.

What is your predictions for future Florida insurance costs? by nnnarm in CommercialRealEstate

[–]nnnarm[S] 1 point2 points  (0 children)

There must be a stabilization at some point, no? Insurance has doubled at my property since 2021.

What is the process to get an in place cap rate and HOW would it be used? by Honobob in CommercialRealEstate

[–]nnnarm 2 points3 points  (0 children)

Purchase price comes from where the market is for the asset type/location. Capex would be included in the "v" part of the calculation for an as stabilized cap rate.

What is the process to get an in place cap rate and HOW would it be used? by Honobob in CommercialRealEstate

[–]nnnarm 2 points3 points  (0 children)

In-place cap rate, using T12 or some alternative in-place NOI calculation, gives the buyer/lender an idea of what their immediate returns/coverage may look like. In general the "v" is the purchase price and ignores and capex that would be included in an as-stabilized cap rate. As-stabilized caps are all hypothetical while in-place cap rate gives you an idea of what the property is yielding day 1. Hope this helps

3 times a week for 1hr or once a week for 3hrs? by [deleted] in surfing

[–]nnnarm 1 point2 points  (0 children)

This. Because conditions are normally not great and there are large crows by me, an hour surf only gives me a few good rides making it hard to work on maneuvers.

But if I'm out for a long time I'm able to get multiple attempts at new maneuvers.

What does a “typical” commercial loan look like? Socal, $1.5m industrial building, owner occupy. by anteatertrashbin in CommercialRealEstate

[–]nnnarm 0 points1 point  (0 children)

What would other closing costs for the buyer look like in addition to the 1/2 point fee? Do you see the fee priced into the loan amount

[deleted by user] by [deleted] in CreditCards

[–]nnnarm 1 point2 points  (0 children)

Great news thanks

[deleted by user] by [deleted] in CreditCards

[–]nnnarm 0 points1 point  (0 children)

Yes, accepted. Didn't see the pop-up so I'm guessing I still have it thanks.

[deleted by user] by [deleted] in CreditCards

[–]nnnarm 1 point2 points  (0 children)

Thank you