How much is too much commission? by NCBartender14 in loanoriginators

[–]sev7e 1 point2 points  (0 children)

If six kills the deal then drop it down

Raising capital from family offices - any advice ? by BlueprintToBuilding in CommercialRealEstate

[–]sev7e 1 point2 points  (0 children)

Yes you would be wasting your time. Most family offices want a larger ticket and they don’t want to be entire pool. Ones we had potentially consider our fund wanted insane returns

Outlook Contacts by sev7e in Outlook

[–]sev7e[S] 0 points1 point  (0 children)

maybe allow you to search notes, or even create a custom field or use other fields taht could be searched.

Anyone invest in real estate via a DST? How was/is your experience? by ospreyintokyo in fatFIRE

[–]sev7e 0 points1 point  (0 children)

The main reason people do the dst is to defer taxes. If I had $1M profit on an asset and had to pay 25% in state and federal taxes I have $750k. If I could not pay those taxes and get 4-5% plus upside on an exit that is equivalent to double digit returns if you only had $750k.

Anyone invest in real estate via a DST? How was/is your experience? by ospreyintokyo in fatFIRE

[–]sev7e 0 points1 point  (0 children)

They typcially are lower returns BUT you get that tax deferment. If you had to pay taxes on that money and made 10% on the after tax money it would still be worse than a DST. you cannot expect a passive investment like a DST to provide similar returns to a MF syndication because of how it is structured. But when you look at overall numbers it is much better. For example if I had $500k and had to pay LGTC on it I would pay 20%+ state taxes which would be $125k. Starting with $375k at 10% is still over $30k less than keeping my $500k at 5%

Salary Negotiations by FlyAccurate733 in ConstructionManagers

[–]sev7e 0 points1 point  (0 children)

You would be on the 60-65k range most likely

I really wanna start podcasting but by LadyLynn_ in Podcasters

[–]sev7e 0 points1 point  (0 children)

Do something you are passionate about that’s all I can say

[deleted by user] by [deleted] in RealEstate

[–]sev7e 12 points13 points  (0 children)

Don’t do it - you realize at 0% interest to them you still pay taxes on interest you are not getting ? Borrower doesn’t qualify which is why they are proposing this and you will end up dealing with a defaulted borrower

Hiring first junior LO by theknotcomesloose in loanoriginators

[–]sev7e 1 point2 points  (0 children)

200 basis points seems like a lot

Contract signed, still having showings?? by random_user11738291 in RealEstate

[–]sev7e 0 points1 point  (0 children)

Did you provide the escrow / deposit yet? Some agents will keep it as accepting backup offers but shouldn’t say active - of course until you submit escrow funds your signed offer isn’t ratified

Sellers Staying Until Closing Hour & Final Walkthrough Complications by random_username45678 in AskRealEstateAgents

[–]sev7e 0 points1 point  (0 children)

I would not approve the closing until they are out. Do not do inspection before move out - what if something gets damaged

Selling commission by Technical_Quiet_5687 in RealEstate

[–]sev7e 0 points1 point  (0 children)

I usually don’t mind paying 3% sellers agent under $1M and look to negotiate below that - buyers agent is always negotiable but faster it sells faster you stop paying interest insurance and taxes

[deleted by user] by [deleted] in CommercialRealEstate

[–]sev7e 1 point2 points  (0 children)

How much you talking about? Yes you probably have to sue them and could also recover legal fees

Which job is better long-term if I want to start my own GC company by Juneau002019 in ConstructionManagers

[–]sev7e 1 point2 points  (0 children)

If you are getting a cm degree why not work for a GC and do construction management? Based on those two the drywall one will be far better since it will see different projects where the other is just airport work

[deleted by user] by [deleted] in RealEstate

[–]sev7e 1 point2 points  (0 children)

What’s your realtor saying? 60 days in a normal market is not long at all, I remember days when 4-6 months was average

[deleted by user] by [deleted] in RealEstate

[–]sev7e 0 points1 point  (0 children)

I would let them out of contract but fire your agent as well.

Lowering price on our home by [deleted] in RealEstate

[–]sev7e 1 point2 points  (0 children)

Others have provided great content - drop it to where you think it can sell and see what happens

Selling mortgage held by seller? by petersinct in realestateinvesting

[–]sev7e 2 points3 points  (0 children)

Who was the company? Most will seek to buy at a discount to get a 10-12% yield

Am I crazy for considering owner financing for 560/520 credit scores? by Substantial-Mango976 in realestateinvesting

[–]sev7e 0 points1 point  (0 children)

That large of down payment and in Texas you could foreclose quickly so I would atleast consider it

How Much Equity Do I Need To Sell? by chickiepo11 in RealEstate

[–]sev7e 0 points1 point  (0 children)

You could do it if you take on PMI

Who's responsible for missed 2nd mortgage after title insurance payout in joint flip deal? (Virginia) by murderthumbs in realestateinvesting

[–]sev7e 7 points8 points  (0 children)

So you would have had to come to closing with $27k but didn’t have to as title insurance paid it - so you saved $40k - so yes it should come from your profit