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12 September 2018 | 0 replies
They call the unspoken obstacle “renting while black.”It doesn’t help that developers are largely focused on the upper end of the housing market.One developer, Pardee Homes, is building $400,000-plus homes on the edge of the desert.
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12 September 2018 | 6 replies
I am a developer in Northern Jersey and I can tell you that the benefit of the license is the ability to access the MLS.
15 September 2018 | 5 replies
@Andy MirzaThe ERISA plan asset rules may come into play if pension funds are used unless the funds main line of business is the development of real estate (REOC), or the fund is a publicly traded company registered under the Investment Company Act of 1940.To qualify as a REOC the fund must invest at minimum 50% of its assets in qualifying real estate considered managed or being developed.
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13 September 2018 | 6 replies
Great post, @Steve MaginnisI'm working on a sale now - the owner is self managing landlord, he's proud how much money he saved for 25 years of owning few condos.He was renting his condo for $650/mo - no lease, tenant pay cash, he pays HOA, taxes and happy to have $400/mo cash flow.I rent exactly same condo for my tenant in this development for $890, same expenses =$250/mo and my PM=$100.
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21 June 2019 | 1 reply
I have an opportunity to develop a 20 acre parcel in Shelby County Ky.
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26 October 2018 | 18 replies
Basically conduct an IPB of your market, schools, median incomes, appreciation, future business developments, etc. etc.
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19 September 2018 | 6 replies
My name is James, i'm 33 years old living in Cleveland and I have developed a real fire inside myself!
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20 September 2018 | 13 replies
You should identify what your goals are and what you plan to do and then ask for the “best” approach.
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14 September 2018 | 4 replies
My background is in predevelopment, I have over 8+ years experience in permitting (residential), surveying (platting), some commercial real estate, marketing and I'm also a real estate photographer, so I'm very knowledgable in those areas and wear many hats, but I'm clueless when it comes to the areas that follow after development.
9 October 2018 | 8 replies
I consider NYC itself to be an insane investment to begin with (though my dream is one day to develop property in Manhattan) but I'm willing to look at anywhere else in NY.