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25 July 2024 | 1 reply
We are seeking to establish an estate plan to transfer these mortgages to Trusts without forfeiting tax benefits or triggering due on sale clauses.
25 July 2024 | 5 replies
Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?
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25 July 2024 | 2 replies
Good contractors are tough to find, so this is the perfect platform to establish credibility among the investor community.
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25 July 2024 | 14 replies
Otherwise, you are just gambling that the bank will not call the loan if/when they discover you have left the property (which probably states it will be owner occupied in your loan, if it's a primary) and are no longer making payments.
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24 July 2024 | 5 replies
You will get the deposit when the transaction settles and you don't want the tenant coming back later saying it was more.Try to get pictures of the property before the tenant moved in to establish move-in condition.
26 July 2024 | 49 replies
They purchased a few homes, renovated, and jumped on Bigger Pockets when it was young to establish themselves as authorities.
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24 July 2024 | 8 replies
Established brands will generally have the nod over mom/pop as noted.
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27 July 2024 | 16 replies
I wish to establish my business there and operate in Georgia.
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24 July 2024 | 11 replies
@Akku Kumar, I recommend establishing your budget first.
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24 July 2024 | 14 replies
Everything could be managed remotely but you still need a person to inspect the property every month or more frequently during stabilization and less frequently afterwards.Being a small-sized but with well established and automized STRs gives a better service comparing to middle size where you are just another client.