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19 November 2024 | 6 replies
But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?
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19 November 2024 | 3 replies
Going to be interesting to see what sort of impact the new Government's mass deportation policy has on rents and construction costs.
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22 November 2024 | 7 replies
By-right uses are much simpler since they don’t require additional government approval beyond standard permits.Development Standards: Once zoning is clear, factor in the regulations such as setbacks, parking requirements, density, and other local standards.
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20 November 2024 | 8 replies
If the lease is ending be sure you have given the proper notice of non-renewal of the lease.
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28 November 2024 | 5 replies
Fannie Mae and Freddie mac won’t allow you to close in the LLC or non-reporting loans.
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1 December 2024 | 377 replies
I would recommend to all that they build a STRONG relationship with a Realtor/Broker or several Realtors, because 2.Downloaded a list of multi family owners from Listsource.com - You can get this from a Broker who can run a list of non-owner occupied properties, this features the number of beds and baths and from which you can build a mailer and network. 3.
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21 November 2024 | 19 replies
I ask because a lot of new investors are getting lured into the thought of them because you get paid by the government this alleged "guaranteed rent", but that's not really how it all works.The Section 8 website for your area or the larger one should have metrics per square foot for the area.
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23 November 2024 | 15 replies
In many states, an LLC can keep your name off public records, which is great if you prefer to keep your ownership private or avoid being directly associated with the property.Having an LLC also makes you look more professional.
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27 November 2024 | 13 replies
Study up on warrantable vs non-warrantable condos.One idea I think for a fresh grad, is to find a great RV park operator.
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23 November 2024 | 7 replies
Franklinton is undergoing rapid transformation, with developments like The Gravity Projects, new breweries, and an expanding arts district driving change.Safety and Future Outlook:Increased Investments: New developments bring better lighting, public spaces, and infrastructure, naturally improving safety.Community Growth: More residents and businesses create activity, discouraging crime and boosting the neighborhood's vibrancy.Police and Outreach: Enhanced patrols and local organizations address crime and substance issues.While challenges remain, ongoing investments and gentrification make Franklinton safer and more attractive.