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12 January 2025 | 1 reply
from my advice rural properties and developments aren't successful and you are climbing an uphill battle. sounds a little niche. we focus on developing and not reinventing the wheel. if this is truly what you want to focus all your time and energy on then visit the closest 5-10 of these that look like the ones you are interested and ask if they'd expand or build a secondary one. do a lot of research before you just take action
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8 February 2025 | 12 replies
First is the macroeconomics here are absolutely blowing up here - population growth, job growth, and SO MANY companies moving/developing here.
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15 February 2025 | 14 replies
After analyzing hundreds or even thousands of deals, you develop an intuitive understanding of not just the numbers but their sensitivity.
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19 February 2025 | 57 replies
Of course, this is all done before we spend money on inspections, etc.It's all about the relationship you develop with the team on the ground.
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26 January 2025 | 8 replies
Not to mention the economic development steps the town is taking in ensuring the growth of town (roads, schools, zoning) stays on par with the future expected population growth and new jobs that are going to be a result of the new factories opening.
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29 January 2025 | 1 reply
They prioritize personal development.
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21 February 2025 | 29 replies
The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.
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31 January 2025 | 7 replies
I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.
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29 January 2025 | 31 replies
We are not currently under any sort of contract and we just found this thread through a google search on Lendbase.We are currently working on a construction loan to develop some residential lots, assumed the Mortgage Broker would be on the up and up... had some sales-ey call with a guy out of Utah.
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27 January 2025 | 5 replies
If you want to develop it, I can refer you a lender that will lend on a completed subject to appraisal but you'll be limited if you just want it for the lot.If you simply want the land as part of your property, you have more options including a HELOC which you can still use for development down the road.