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20 September 2024 | 114 replies
We develop a comfort zone, and if the risk is outside what we’re willing to consider we reject that investment without even needing to consider potential upside.8.
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10 September 2024 | 11 replies
When a current tenant gives notice they want to end the lease, I tell them that if I can get a new tenant to sign a lease that starts at the first of the month I will give them $100 as appreciation to allow me to get the unit ready and working with me to keep the place looking good when showing it to prospective tenants.
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10 September 2024 | 4 replies
Not unreasonable to ask them to cut it down IMO.I would sue private nuisance and injunction from maintaining a private nuisance, and for interfering with prospective economic advantage (scaring away potential tenants with prospect of dwelling and car damage).Start with a nasty-gram from lawyer since you already asked and was turned down.
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12 September 2024 | 2 replies
I have not seen any vacant land loans over like 60-65% LTV in a long time unless you are wrapping development into the loan.
11 September 2024 | 11 replies
Currently in the process of developing a 10 acres in the Roanoke, VA area.
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13 September 2024 | 9 replies
I learned a ton on my first few flipps (and had the advantages of already invested in rentals and land development first.Check with your bank and see what you qualify for and keep in mind you will need to fund the renovations so those funds will not be coming from the traditionally bank lender but rather from other sources.
15 September 2024 | 33 replies
U r forming your team and developing your process.
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18 September 2024 | 35 replies
None knew anything on development, redevelopment, let alone things on zoning, variances etc..
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12 September 2024 | 2 replies
As for the construction loan itself, I'm not concerned as many available options will cover 100% of the development, Thank you
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12 September 2024 | 4 replies
I went to a development walkthrough event with them in Dover, NH recently and some of the people involved are in Maine.