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All Forum Posts by: Charanjit Singh

Charanjit Singh has started 17 posts and replied 53 times.

Post: Buyer broker for commercial real estate

Charanjit SinghPosted
  • Edison, NJ
  • Posts 55
  • Votes 4
Thanks @Ronald Rohde

Post: Buyer broker for commercial real estate

Charanjit SinghPosted
  • Edison, NJ
  • Posts 55
  • Votes 4
Thanks @Vic Reddy and @Taylor Hazard for the detailed response. I think the best thing would be to ask my broker to communicate from day 1.

Post: Buyer broker for commercial real estate

Charanjit SinghPosted
  • Edison, NJ
  • Posts 55
  • Votes 4

I was talking to one of the broker who listed multi family commercial property on loopnet. In order to save time, I contacted him directly to get some details rather than asking my broker. Once I realized that numbers make sense, I told him I will be bringing my broker whom I trust to take care of rest of the transactions. It was out of state investment for me. Looks like he got offended as soon as I told him I will get broker and refused to share 2.5 % commission with him. Just wanted to get some opinions on how to avoid such situations in future - 

1. For commercial multi families, isnt buyer expected to bring his broker? My purpose of bringing the buyer broker wasnto ensure our best interests are taken care of. It is also an out of state investment for us.

2. From communication perspective - Am I not allowed to talk to Seller broker directly if I am planning to bring in buyer broker? Perhaps clarifying on my 1st communication may have made things clearer. 

Thanks @Vincent Garman. Will reach out.
Thanks @Eric Armstrong
Any references for Investor friendly real estate commercial multifamilies brokers/agents in Delaware - Wilmington or Newark

Post: Investing in Carbondale illinois

Charanjit SinghPosted
  • Edison, NJ
  • Posts 55
  • Votes 4

I am exploring Carbondale IL for multi family Investment and lookin for some feedback.

I know area around SIU may be something to look into. Are there any other specific areas/pockets I should focus on for strong rental demand or avoid for that matter ?

I am also looking for Brokers and property managers who are actively working in Carbondale. Any references will be helpful.

Thanks @Michael Cohen

Post: Investing in Carbondale Illinois

Charanjit SinghPosted
  • Edison, NJ
  • Posts 55
  • Votes 4
I am exploring Carbondale IL for multi family Investment and lookin for some feedback.  I know area around SIU may be something to look into. Are there any other specific areas/pockets I should focus on for strong rental demand or avoid for that matter ?  I am also looking for Brokers and property managers who are actively working in Carbondale. Any references will be helpful.
Thanks @Dmitriy Fomichenko and @John Akolt Can I invest with other shareholders using my self directed ira under same llc?