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22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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23 January 2025 | 26 replies
Making money in real estate requires experience and starting with no or little money makes you study harder.As much as most of us probably wished for it, getting started with a lot of money in your pocket is a recipe for disaster: the temptation is to make the deal work by throwing money at it.If you want to go into real estate go with a syndicator with a good track record.
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22 January 2025 | 0 replies
By identifying the right buyer within our network and streamlining the transaction process, we added value without requiring extensive renovations.
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19 January 2025 | 5 replies
All but one of the family members are on board, and we collectively own the majority, but it's 55% and the bank requires 60%.
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28 January 2025 | 8 replies
. --- From the zoning code it says, an RM-2 zoned lot can have "1 unit per 2,500 sf. of lot area"If you don't meet that lot size requirement you'll need to make a request for a variance, then post notice about the desired change in front of the building.
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15 January 2025 | 12 replies
To vet guests, you can use a pre-booking form, ask about their plans, and require an ID and signed agreement.
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27 January 2025 | 18 replies
You are required to disclose knob and tube wiring to insurance companies.
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22 January 2025 | 2 replies
I highly recommend finding a broker and have them find a policy that meets your specific requirements.
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28 January 2025 | 7 replies
Despite the guru fed “misinformation” about all these under market price deals, they are actually very rare and require (1) the investor recognizing value that the seller and the rest of the market misses or (2) a seller with a need for an immediate sale and a buyer with the CASH immediately available to conclude a very quick closing usually forgoing inspections, financing, and other contingencies.
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20 January 2025 | 3 replies
The seller requires a cash purchase & I’m exploring creative ways to structure the deal.