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All Forum Posts by: Suganth Kannan

Suganth Kannan has started 4 posts and replied 4 times.

Post: Utility Work markup Limit?

Suganth KannanPosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 1

Are there any limitations on the markup that a utility can charge on material for doing work like meter relocation?

Doing some RE consulting for a client involved in a value-added industrial investment in Miss.
Utility company quoting 65% markup on materials (25% for E&S, 20% for Minor Mat, 20% for Material Handling).

Have never seen such a high markup even in unregulated private industry and generally utilities are highly regulated.
I am thinking even IRS may have some regulation on how much maximum mark up on materical can be.
Please help with your knowledge. Appreciate your time.

Regards
Suganth Kannan

Post: How to Start a Public Non-Traded REIT

Suganth KannanPosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 1

A real estate operator with almost 10 years of experience and a ~$9 million portfolio of residential real estate has tasked me with raising capital to replicate the strategy which has demonstrated good returns.

I think that a public non-traded REIT with a focus on residential real estate is a good strategy.

How would I start a public non-traded REIT?

Post: Capital Raising Strategy

Suganth KannanPosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 1

A real estate operator with almost 10 years of experience and a ~$9 million portfolio of residential real estate has tasked me with raising capital to replicate the strategy which has demonstrated good returns.

I would love to hear from the experts on BiggerPockets as to the best course of action.

Post: Capital Raising Strategy

Suganth KannanPosted
  • Fort Lauderdale, FL
  • Posts 4
  • Votes 1

A real estate operator with almost 10 years of experience and a ~$9 million portfolio of residential real estate has tasked me with raising capital to replicate the strategy which has demonstrated good returns.

I would love to hear from the experts on BiggerPockets as to the best course of action.