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16 April 2024 | 0 replies
Hi anyone with a recommendation for a tax expert experienced with handling proceeds from a lawsuit involving defective building material.
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16 April 2024 | 8 replies
.—(1) A materialman or laborer, either of whom is not in privity with the owner, or a subcontractor or sub-subcontractor who complies with the provisions of this part and is subject to the limitations thereof, has a lien on the real property improved for any money that is owed to him or her for labor, services, or materials furnished in accordance with his or her contract and with the direct contract and for any unpaid finance charges due under the lienor’s contract.
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20 April 2024 | 100 replies
I personally find that many investment brokers marketing materials do not show complete, nor correct financial information, correct expenses or assumptions.
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16 April 2024 | 2 replies
However after all the work thats required which includes landscape, parking lot, fencing lighting and interior/exterior work, it looks like the presumed cost of remodeling it will be double that, although Im not positive (still taking bids).Ive priced a comparable property in our area which has similar square footage and lot size and they seem to be going between $700-800k, and so my question is: based on a higher than expected construction cost which is necessary to finish our project, one which will exceed the amount of money of what a similar property goes for in our neighbrhood, should I continue with this project, or an alternative plan would be to simply beautify it for approximately 100-150k and ditch the plans, and flip it instead for approximately 700-800k now that its zoned commercial.My fear is that if I do invest the moneys to finish the project over the budget I initially priced it for, and the business doesnt take off, I would initially lose money on this investment.Thank you for taking the time reading this.
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18 April 2024 | 33 replies
Also, here's an update:Spoke to a Property Management Co. based in Northeast Philadelphia:They said that you will have to wait the 4-6 weeks to get the license and then the Certificate, apparently it does take them that long.I also spoke to a Philadelphia 3-1-1 line Government representative:He said alternatively you can walk down to the Philadelphia Municipals building and directly request for Rental License, however, he warned that you need to bring a MONEY ORDER for the dues as well as it taking 4+ hours on a business day.
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17 April 2024 | 14 replies
You can plead in the alternative.
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15 April 2024 | 6 replies
Alternatively, if you and everyone else has a limited use clause, while that protects you while you are operating your business, it could very well limit your ability to sell you unit.
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16 April 2024 | 6 replies
It is a natural cycle in which these communities are developed as cities grow.The problem is that Manufactured Home Communities are being closed without alternatives.
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16 April 2024 | 8 replies
Networking with other professionals, conducting comprehensive property analyses, and exploring alternative investment options such as syndications or crowdfunding platforms can also be beneficial.
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16 April 2024 | 4 replies
Alternatively, you could potentially try posting about their swap opportunity on facebook groups or a simple google search of Home Swap websites could also yield results.