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3 November 2024 | 6 replies
bump this up to 4 units no reason to only build 2. you could go vertical on top of this 2 more. switch to asphalt. save every penny you can where you can. we build triplexes in columbus ohio ground up and similar structure. mostly urban core where the numbers are the best
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5 November 2024 | 11 replies
Think practical and comfortable.Lease Structure: Mid-term rentals typically run anywhere from 1 to 6 months, so having flexible lease terms is key.
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3 November 2024 | 2 replies
Are there structural issues with the building?
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7 November 2024 | 22 replies
As I grew, my structure became more complicated.Anyone can create a cheap LLC.
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1 November 2024 | 6 replies
The rent declines in the market are temporary until the new supply gets absorbed and demand picks back up.
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2 November 2024 | 1 reply
Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.
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2 November 2024 | 3 replies
Say we buy a property for $1 million, but we structure it so it's 0% down but a bank/note buyer is in place at closing to buy the note from the seller at 80% value so they walk away with 800k in cash.
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2 November 2024 | 1 reply
How do you structure an equity payout and how much is enough to entice someone?
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1 November 2024 | 6 replies
For winterizing a property without heat, shutting off the water supply is a key step to prevent pipes from freezing and bursting.
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28 October 2024 | 2 replies
The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.