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20 March 2012 | 104 replies
I am in the process of assembling a contact list so that we can coordinate who is going to be where and when.
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13 November 2013 | 82 replies
It will allow me to market more consistently and still be mailing something even if I didn't get a chance to assemble letters that week.
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3 March 2012 | 2 replies
Trent no offense but you are talking about a pipe dream.So you have zero experience yet want a huge payout.I have worked for developers assembling land.My biggest project was on about 25 acres with a 600,000 sq ft mixed-use retail project with an after build value of 150 million dollars.Money is tight right now and unless you have an awesome piece of land most developers are doing repositions where they can reface a shopping center and make new again.This cost much less money than building from scratch.New development has a bunch large down requirements as construction projects are required in phases for lending.What I have seen happen is they bought a piece of land as a group.Leveled it with the first phase of money and then starting putting in pipes and concrete and the second round of funding fell through.They could line up more funding but it is much more expensive then what they had before and the percentages would affect to much the partners that have already put in money.So in those types of situations the partners would much rather wait for the lending environment to get better to get reasonable terms for the next round of funding to finish the project plus rent rates will have most likely improved by the time it is built instead of right now and concessions will be down.Holding costs while waiting is a concern but is balanced against other factors.The anchor for a big project like that will wait a few years if the location is that good.If it is a sub par corner the anchor will cancel their commitment and move to a better location instead of waiting for that one to be built.If you like development go work for a firm with experience and put in your time learning the ropes.To think about this other stuff is a waste of time.
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30 March 2012 | 8 replies
We've got a good Colorado contingent here on the site, and I believe that Anson Young is trying to assemble a regular meeting of BP'ers.
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24 April 2012 | 13 replies
There was a great BP thread on this a long time ago. http://www.biggerpockets.com/forums/52/topics/68041A few things I've been doing lately: smoke detectors w/ 10 year batteries, glue drain assemblies under kitchen and bath sinks (high fail rate with junk screw pvc), removing storm doors, also going to ad a storm door addendum.
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9 April 2013 | 0 replies
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3 May 2013 | 10 replies
Hello all!
I am just coming into the market of buying and selling homes. Currently I have a good amount of knowledge in real estate. I am coming over from the retail side of business. I am looking to establish my...
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3 May 2013 | 11 replies
(Keep in mind that all three are good for various reasons; just stick to good neighborhoods and properties and you'll do well.)2) You have several options here:a) You can find a good wholesaler that you can trust to work with, although this option involves the most work.b) You can find a real estate agent that is an investor themselves, or at the very least specializes in working with investors full-time (this is a rare breed).c) Assemble a team within the market to do your legwork, such a a real estate partner (investor) or rehabbed that you pay to find, acquire, and rehab the properties that meet your requirements.d) Work with a local rehabber/contractor that focuses on rehabbing and flipping properties to investors.e) Or you can work with a full-service turnkey provider that handles virtually all of the above, handles a lot of the due-diligence, and walks you through the process step-by-step to help you choose the property(ies) that best fit your investment goals.3) Refer to #2. :-)I've been investing out-of-state since 2003 and it's not difficult.
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5 May 2013 | 1 reply
There is a grander scale development proposed which involves assembling large tracts of land in major markets to develop master planned communities.