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16 October 2024 | 0 replies
Are buyers leaning toward creative financing, or are there other trends you’ve noticed shaping the market?
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19 October 2024 | 4 replies
This is very market dependent also dependent on jobs and avaliable land to build etc.
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13 October 2024 | 9 replies
My contracts for land are contingent on the land entitlement being successful that way I am only on the hook for my pursuit and rezone cost if not successful.
17 October 2024 | 2 replies
Hello BP community:I am under contract on some land that I am considering building multifamily on.It appears I can build approximately 80 units on the land (based on permitted density), which could be more or less units depending on the exact style of units we would construct (one or two story, etc).
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21 October 2024 | 21 replies
I'd go to a market where the economics are the most favorable and focus on a strategy that is easy for you. we focus on new construction and land development in columbus ohio
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17 October 2024 | 1 reply
Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.
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20 October 2024 | 147 replies
The world will go round and shape one's that push back.
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17 October 2024 | 14 replies
Credit - Ofc, the better shape your credit is in the better the terms.Overall, max is usually 25% and min is usually 10% being most aggressive.Talk with a few different lenders and brokers to see different people's requirements.
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17 October 2024 | 12 replies
Of course, if your landlord wants to go through with a court appearance, it sounds like you'll be in good shape to win.
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17 October 2024 | 23 replies
From purchasing land to breaking ground in Columbus is typically 60 days.