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17 February 2025 | 6 replies
With a large portion of the incoming migration coming from international residents moving to the District, emphasizing improving and bringing back Washington D.C. sports teams to the city should create a strong desire for domestic residents to want to live near a fun, community engaging activity that is very relevant to those that live in and around the city.The District also has other programs it is running to make the District more attractive to live in outside of just working in the area, such as the Office to Anything program (Source) and the Housing in Downtown program (Source) which will incentivize developer through tax credits to convert office buildings into new construction housing and new construction retail properties, which should continue to attract more residents back to the area.D.C. also understands that with all of these big changes we have seen, the strategy and allocation of resources from the government moving forward should be reassessed to create a city that is adapting to the future trends to remain a safe and desirable place for residents to live.
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22 January 2025 | 25 replies
According to what I have read straight from the IRS website and other places, we need to either meet 500 hours, or at least 100 hours and also work more than anyone else on the property.
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23 January 2025 | 15 replies
The management companies & local investors usually lease places up within 1-2 weeks max (depending on if you want to hold out of higher rents) How would you think about leasing these out?
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22 January 2025 | 7 replies
A lot of the top places have seasonality issues so don't let it scare you.
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21 January 2025 | 16 replies
It's an amazing place to learn and grow in real estate.
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12 January 2025 | 185 replies
Racketeering Influenced and Corrupt Organizations Act.
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24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
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24 January 2025 | 8 replies
Congrats - have you completed the deal yet (4 leases in place, STRS up and running)?
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21 January 2025 | 35 replies
I see a lot of replace blinds which already should have brackets in place make job even easier.
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29 January 2025 | 18 replies
Start with great theming, keeping in mind the current trends taking place at the parks.