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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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10 February 2025 | 6 replies
Talk to your local building department for the codes they follow and requirement(s).
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22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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17 January 2025 | 5 replies
I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.
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27 January 2025 | 29 replies
Do you think the state bar would have a problem with me calling myself a certified lawyer?
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31 January 2025 | 121 replies
Because I'm not an accountant or versed in tax code and law wouldn't I want a CPA to ensure everything is legally tight and as advantageous as it can be?
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20 February 2025 | 33 replies
Excellent overview of the power of professional and creative photography... and how the bar will continue to be raised.
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23 January 2025 | 8 replies
•Are there any specific neighborhoods or zip codes to target or avoid?
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25 January 2025 | 18 replies
i have looked into the Landlord locks as mentioned but have not used them. i have one student rental where i use an electronic lock ( that i can control from anywhere, change codes etc.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.
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30 January 2025 | 3 replies
Renting a garden unit, for instance, could generate $1,200/month but must comply with city codes to avoid fines.4.