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27 January 2025 | 12 replies
Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.
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9 January 2025 | 9 replies
This is rarely an issue provided you still perform.The raising money part is more complex.
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19 January 2025 | 2 replies
If you don’t owe then, everything is profit without paying overhead depending on the structure of your lease.
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24 January 2025 | 6 replies
Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.
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10 January 2025 | 1 reply
I want to go the buy-and-hold route, and I am interested in finding a duplex that will provide a steady cash flow, a high appreciation value and does not need renovations.
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23 January 2025 | 3 replies
Depending on where the property is and the lender involved, and what he has told the lender, and so on and so on, you handle things accordingly.
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14 January 2025 | 10 replies
I know conventional lending could become an issue depending on the condition of the property.
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21 January 2025 | 40 replies
There have been a few things that I feel like they could clean up, but it seems like they work hard at updating it to provide a lot of value.
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9 February 2025 | 33 replies
I’d be happy to walk you through the process, from pre-approval to closing, and provide guidance on the best mortgage products for your goals.
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16 January 2025 | 6 replies
Would recommend.I will be using the firm for my 2022 tax return (1040 and 3 LLC's), expensive (about $5k-6k) but given they've assisted with the tax planning I'm hopeful the synergy will provide the best outcome.Happy to answer any add'l questions.Pat Hi Pat,Just want to confirm, that is HallCPA fee for filling 2022 tax for one 1040 and 3 LLCs?