19 June 2024 | 0 replies
Hi all,I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?

19 June 2024 | 9 replies
I guess the play in this scenario would be the cash from the cash-out refi and the equity growth on the rental property, but nothing in terms of a monthly income stream.

20 June 2024 | 9 replies
Anyways, I am a single mom of a 2.5 year old little girl, and at the age of 32 have finally gotten to a place where my financials are in order (I graduated from college a bit later in life after teaching acting and producing plays throughout my 20s!).

21 June 2024 | 31 replies
There are deals out there but they usually require a value add play.

20 June 2024 | 4 replies
BUT I think you are playing with fire.My primary job function is outside sales building relationships with realtors.

20 June 2024 | 33 replies
If really interested to vet the reality of the Proforma I would be happy to give many names that can speak to the integrity of our numbers and how they have played out in reality.

18 June 2024 | 9 replies
So let's say out of state landlord fail to make a payment , bankrupt pass away etc the agent is responsible. that is the problem and that is why I mentioned most property managers would not do it.Ok, I see what you are saying and perhaps this is a language issue since you seem to be in Canada and the author of this article is writing in proper American English!

18 June 2024 | 10 replies
Most of the fast ACH services will charge a transaction fee.Zelle uses ACH but operates faster because member banks pre-authorize that funds are there.

18 June 2024 | 4 replies
Price has been reduced twice significantly so something else is likely at play.

20 June 2024 | 10 replies
Next, if you are comfortable with the numbers a long term rental would provide, keep that as a back up strategy and play with the numbers a mid-term rental in this area would bring.