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7 February 2025 | 0 replies
Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.
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30 January 2025 | 2 replies
A few years ago, I hired Dalinghaus Construction to lift the foundation on a two story building that was built in 1925.
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25 January 2025 | 4 replies
Unfortunately, banks don't generally like to finance the rehab/construction of investment properties.
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24 January 2025 | 5 replies
I've learned that it's extremely important to find balance in this industry as your passion for your business can impact your personal life greatly!
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21 January 2025 | 0 replies
Hey all, I currently have a new home being built that I would like to keep in my personal portfolio. A partner and I created a new LLC (51/49) in which two other LLC's have interest in. We did this because initially w...
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31 January 2025 | 1 reply
Next, run the potential income against construction costs for adding up to four more stories to the building.
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7 February 2025 | 6 replies
Focusing on markets with strong job and population growth and open to new construction if the incentives make seenseWould love to hear more about the incentives you've seen.
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22 January 2025 | 7 replies
I don't know everything ( I'm better on the construction/building/renovation side of things) but DM me if this is something you are interested in doing and I will help anyway that I can!
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29 January 2025 | 25 replies
They seem to be trying to use a PMC model designed for Class A properties/tenants for Class B, C and sometimes D.Can't use the same business model for all classes of properties/tenants.
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4 February 2025 | 4 replies
Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.