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2 December 2024 | 34 replies
I think you could make a case that they are at times but at the end of the day the distressed home sellers have not been good stewards of their properties and therefore sell at a discountI lived in Mexico doing missionary work for a while so I learned Spanish and the culture.They hate debt and so never develop credit scores.
21 November 2024 | 24 replies
CA OR WA have all passed new legilation to allow much smaller lots and developments .
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22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.
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19 November 2024 | 6 replies
But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?
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13 November 2024 | 5 replies
Hey guys my name is Tyler Burris. I've been in real estate for a year now. I'm interested in multifamily syndications and looking forward to connecting and learning from you guys. I have 24 years in commercial constru...
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17 November 2024 | 7 replies
While residential development is generally restricted in these areas, there are specific circumstances under which it may be permitted:Special Mixed-Use Districts (MX): In certain M1-2 zones, residential use is allowed when paired with a residential district under the MX designation.
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10 November 2024 | 2 replies
Whether you’re a developer, investor, or entrepreneur, if you have a vision for tapping into the growth and energy of this location, let’s talk.
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19 November 2024 | 15 replies
Well I moved to Oregon last year and just started networking with a few Realtors in the area learning which Counties are developing and looking for mixed use and small multifam opportunities.I'll be listing a ranchette in Santa Maria, CA in Jan 2025 before I make my final exit from CA!
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18 November 2024 | 24 replies
To find more deals: Develop a great business relationship with a stellar commercial agent and an mls agent that is a good negotiator.
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16 November 2024 | 7 replies
I want to be able to borrow against this somehow to give me capital to work on some other development plans that I have.Anyone have any advice on how best to pursue this?