Author Topic: Real Estate Business  (Read 15980 times)

Offline churnbabychurn

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Re: Real Estate Business
« Reply #90 on: July 18, 2017, 02:41:51 PM »
35MM loan
I hear, can't imagine anything over 50mm getting away with no audit..

Offline jackofall

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Re: Real Estate Business
« Reply #91 on: July 18, 2017, 03:07:09 PM »
I hear, can't imagine anything over 50mm getting away with no audit..
Will let you now when I get there!
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Offline churnbabychurn

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Re: Real Estate Business
« Reply #92 on: July 18, 2017, 03:20:14 PM »
Will let you now when I get there!

Offline Ysturmwind

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Re: Real Estate Business
« Reply #93 on: July 18, 2017, 05:47:20 PM »
I arrange equity capital for all types of real estate deals nationwide with check sizes ranging anywhere from $5-75M. Feel free to reach out to me if you have any equity needs.

Offline Zalc

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Re: Real Estate Business
« Reply #94 on: August 17, 2017, 10:17:05 PM »
What do most of you use for Internet Service in buildings?

I'm referring for service to monitor Cameras, boilers and the like.
Not for tenants or WiFi etc.

Getting a Business line costs about 4x the price of what the tenant would pay...

Offline hvaces42

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Re: Real Estate Business
« Reply #95 on: August 17, 2017, 11:21:20 PM »
Can someone explain to me why every shmo I know in "RE" says bring me 5% CAP deals and I'll close in no time and you bring them 6% CAP deals and they look for excuses and reasons not to close. I know people are full of it. But the amount of "it" I've recently run into is astounding. What ever happened to keeping your word and doing a deal on the terms you said you would.
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Offline thaber

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Re: Real Estate Business
« Reply #96 on: August 18, 2017, 02:08:21 AM »
What do most of you use for Internet Service in buildings?

I'm referring for service to monitor Cameras, boilers and the like.
Not for tenants or WiFi etc.

Getting a Business line costs about 4x the price of what the tenant would pay...
cable internet in the manager's apartment. If no onsite, then any willing tenant, they get free internet for the minuscule inconvenience of running a wire from the dvr into their router.

Offline popcorn1508

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Re: Real Estate Business
« Reply #97 on: August 18, 2017, 02:53:56 AM »
Can someone explain to me why every shmo I know in "RE" says bring me 5% CAP deals and I'll close in no time and you bring them 6% CAP deals and they look for excuses and reasons not to close. I know people are full of it. But the amount of "it" I've recently run into is astounding. What ever happened to keeping your word and doing a deal on the terms you said you would.
End rant...
Isn't 5% considered low?

Offline mendy from lakewood

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Re: Real Estate Business
« Reply #98 on: August 18, 2017, 07:06:43 AM »
Isn't 5% considered low?
done mix up 5 cap and 5% and no in some neighborhoods a 5 cap is what everyone is gettting now
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Offline Am

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Re: Real Estate Business
« Reply #99 on: August 22, 2017, 11:18:16 PM »
Isn't 5% considered low?
Yes. That's exactly his point. Guys are saying that they can close even on properties with low returns, but then don't live up to their talk.

Offline Am

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Re: Real Estate Business
« Reply #100 on: August 22, 2017, 11:22:27 PM »
done mix up 5 cap and 5% and no in some neighborhoods a 5 cap is what everyone is gettting now
Don't try to normalize a five cap. It's unheard of for 99% of the country.

Offline thaber

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Re: Real Estate Business
« Reply #101 on: August 23, 2017, 12:14:32 AM »
Don't try to normalize a five cap. It's unheard of for 99% of the country.
you think so? it's 5 or lower in NYC, LAX, SFO / bay area. that's 20mm people give or take

Offline mendy from lakewood

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Re: Real Estate Business
« Reply #102 on: August 23, 2017, 07:00:34 AM »
you think so? it's 5 or lower in NYC, LAX, SFO / bay area. that's 20mm people give or take
let me add - if your lucky you'll get a 5 in NYC in a decent neighborhood
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Offline Am

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Real Estate Business
« Reply #103 on: August 23, 2017, 08:27:33 AM »
you think so? it's 5 or lower in NYC, LAX, SFO / bay area. that's 20mm people give or take
I was thinking in terms of real estate not people. And even in those 3 cities a 5 cap is still considered a low yield. The reason investors buy 5 caps is for other reasons e.g. value add, asset appreciation or just a safe place to park money etc.
« Last Edit: August 23, 2017, 08:33:29 AM by Am »

Offline aygart

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Re: Real Estate Business
« Reply #104 on: August 23, 2017, 11:15:52 AM »
I was thinking in terms of real estate not people. And even in those 3 cities a 5 cap is still considered a low yield. The reason investors buy 5 caps is for other reasons e.g. value add, asset appreciation or just a safe place to park money etc.
Or 1031
Feelings don't care about your facts