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All Forum Posts by: Terry Burger

Terry Burger has started 15 posts and replied 148 times.

Post: Diary of a POP TOP Second Story Addition Project

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

Todd, 

First of all I want to thank you for documenting the details of this project. I'm an investor in Cobb and North Atlanta and have learned a ton from this post. Keep it up, it's a wealth of information and education. Thanks for being a teacher.

Post: Accountant with Real Estate Expertise? NYC, Memphis, Atlanta

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

I live in North Atlanta. My CPA is fantastic and brilliant. Rob Skinner.

skinnercpa.com

Post: What interest rates should I offer private lenders for rehab work?

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

I pay a friend who I've owned property with before 2% points and 12%. The hard money lenders here want 5%/15%. I've seen 3/13 in my market as well. 

Post: On a piece of raw land, what would be the cost of a sewer line?

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

It's even messier than that Todd. I have to get an easement to tap sewer from a neighboring commercial property that has six or seven owners. Could be tough, but I've got a 30 day due diligence and if I play my cards right and can get the easement plus rezoning, it might be a good land flip or perhaps a townhouse development with some financing help. Thanks for the help. I've been around builders for 10 years, but development, that's a new animal for me. Thankfully I have a friend that owns a construction management company that can price it out from start to finish. 

Post: On a piece of raw land, what would be the cost of a sewer line?

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

Is there a ballpark number on the price per lineal foot of installing sewer pipe? I know there are variables, but assuming a normal, wooded parcel of land that has enough pipe to handle 8 to 12 dwellings, how much per foot? Or is it even calculated this way. Any help would be much appreciated. 

Post: How can I search for popular posts?

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

I'm a member of several car forum sites and I have the ability to sort by the number of posts to see the number of replies. This usually gives the ability to see the hot posts vs most that are not so hot. Is there a way to search for the most popular posts on the forums? 

Post: Ability to kill the stupid noisy ads please

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

Hey Brandon, I still see the ads. I wonder why, I'm a pro member. 

Post: Looking for Atlanta & Georgia numbers?

Terry Burger
Pro Member
Posted
  • Investor
  • Atlanta GA | Marietta GA | Greenville SC | Spartanburg SC
  • Posts 202
  • Votes 60

You can get micro-market style data through a good realtor who likes numbers. That said, if you don't plan on using them to buy or sell, you might be able to pay some of them $50/hour. That's not enough for me to sit and do it, but I can get you a referral if you're interested. What kind of data are you wanting? Also, not sure the commercial data is going to be easy to get.