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1 February 2025 | 13 replies
I do ground-up urban infill multifamily development and we are effectively at standstill as far as new projects go.
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3 February 2025 | 1 reply
We purchased it with the intention of living in the Ground floor + BSMT apartment and renting the 2nd floor apartment.
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2 February 2025 | 9 replies
hi @Jaycee, the top floor(the one you see on the listing 8915 E Wes Pl Tucson), is essentially a ground floor as far as entering and exiting the home as the bottom floor(finished basement etc) is underneath it built into the other side of the foothill the house is sitting on.
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18 February 2025 | 15 replies
I’d recommend starting by connecting with local investor groups and networking with other professionals in the area.Also, seek out teams that are actively investing and managing properties on the ground.
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14 February 2025 | 9 replies
Since you’re building from the ground up, a hard money loan can be a great option because traditional banks tend to be slow and have stricter requirements for new construction.
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5 February 2025 | 9 replies
Sounds like you’ve covered a lot of ground in just four years—BRRRRs, wholesaling, land flipping, and now lending.
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6 February 2025 | 5 replies
Wholesalers (no offense to those in the comments) who are doing this without being a foreign entity are probably co-wholesaling which is on the borderline and practically acting as an agent without a license or getting referral fees by having actual wholesalers on the ground doing deals and they just provide the leads which is different than wholesaling.
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29 January 2025 | 10 replies
Regarding next steps, I agree that the best way to approach this would be to have one person act as boots on the ground and the other person handle the back office related items.
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3 February 2025 | 0 replies
The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.
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25 February 2025 | 11 replies
Let your tenants know that repeated violations may be grounds for termination of the lease.2.