@Richi0118@AsyncArt 👋MrRichi, you don't have your DMs open here but I was the culprit that bought this on Async. Really enjoyed this piece and look forward to seeing more of your future projects!
@JonShainberg @joeybaum13 For a sophisticated lender or a closing group that does their job, yes. For a community bank or credit union, no one looks at settlement statements. Have experienced this go thru frequently as a buyer, seller, and lender.
@CasinoCapital @SchadenCap You set your own hourly rate and bill like a typical professional services firm. $700-1500/hr is a good range. Newer less experienced experts at low end, big names at high end. Lots of new experts price themselves too low, client will pay up if they like you regardless of exp
@jmf_5 Did something similar when I started doing RE part time whilst having a W2 job. Lot of LP feedback was they would rather pay me an AM fee and have more of my time and attention dedicated to their capital.
Broker wants to buy my property for his own book, all of a sudden starts mentioning how he can only pay 70% of current mkt bc taxes will get reassessed, and our rents are at market. I've never seen his OMs acct for tax growth, and every listing of his says rents are below mkt 🤣
@EllliotttB For sure. When I worked on the bank lending side, saw plenty of cuspy loans that got approved cause the head of CRE or credit would say "Yea I know the sponsor" or "I worked with the sponsor 10 years ago, he's a cool dude" and deal gets pushed through, no questions asked
@p_n_allan@flynn_bob Everyone I know who owns a gravel pit raves about it as an investment. Any idea how to estimate how much gravel and reserves there are on a plot of land?