It takes a lot of time, just like any other business, a lot of marketing, developing systems, processes, a lot of money into marketing on the front end, and sales on the acquisition and disposition side.

It's also an old city with some geographic constraints to new development...if you're close to public transit in a good location, there's always going to be upward pressure on price (and rents) and limited supply. 

Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex.Property is primed for short term rentals with conservative estimates of ($40,000-$50,000) per month.

 Kellers Chapel Rd, Jonesboro, AR 724042 Acres of residential land surrounded by new build developments.

Is it fair to assume that hypothetical three neighboring vacant lots (1st totally flat = fully usable, 2nd - 50%-50%, 3rd = only 10% can be developed), with a similar acreage, should fall under different tax rates?

I'm just thinking it's better for the bank because I might have to move out due to financial reasons, and then the property will be sitting here vacant, leaking and with a developing mold problem that will go from just one wall to the entire house if not taken care of.

I have over 40 years of land development experience as an engineer so I can assess property pretty quickly.Anyway, someone came to me with a couple of off-market properties.

Cultivating relationships with architects, builders, and luxury real estate agents can unlock unparalleled opportunities in infill development, land subdivision, and tear-down projects.However, navigating this market requires a keen understanding of land valuation.

Likely will require permits and/or consultants $125-$150 per sq ftNew Construction/Development: This includes all hard and soft costs.

@Lucas HannonTo prepare for a multifamily property investment, read books on real estate investing, network with investors, analyze deals using tools like BiggerPockets, stay updated on real estate news, improve credit, collaborate with professionals, understand Texas landlord-tenant laws, develop a strong investor mindset, and set clear goals.Good luck!