@Mike Hurney They're looking for cash flow. Have a few multi family units and are looking for a more hands-off investment. No specific use in mind, just stable cash flow.
Real Estate Investor · Boston, MA · Member since 2009 · 2k+ posts · 542 votes
11y
@Miguel M.Most Commercial Agents I've spoken to say, with a new Client they'll take a $1000. non refundable fee for an exclusive Buyer-Broker arrangement. Then they'll work their asses for that "Real" Buyer. That's a good idea to look at their track record.
The last guy I shook out early told me he was just trying to sleep with our mutual friend that had introduced us, not really get another lumber warehouse. (He's 65 and she's early 40's).
Imagine what she had to say, when I conveyed this tidbit;-)