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23 November 2024 | 7 replies
Franklinton is undergoing rapid transformation, with developments like The Gravity Projects, new breweries, and an expanding arts district driving change.Safety and Future Outlook:Increased Investments: New developments bring better lighting, public spaces, and infrastructure, naturally improving safety.Community Growth: More residents and businesses create activity, discouraging crime and boosting the neighborhood's vibrancy.Police and Outreach: Enhanced patrols and local organizations address crime and substance issues.While challenges remain, ongoing investments and gentrification make Franklinton safer and more attractive.
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24 November 2024 | 5 replies
To reinforce what I said about making sure the credit tenant is proven and sustainable all you have to do is look back on the past 15 years or so:2009-2012: frozen yogurt 2012-2014: “new and improved burger” spots2014-2015: spin class2015-2016: megaformer and Pilates2016-2017: poke bowl2021-2022: "new and improved cookie" spots2021-2023: indoor golf2024: pickleball(5) If you are in a situation where seeking an F&B operator, be aware at this time these operators are seeking very high T&I allowances which may not be a worthwhile investment for you to make.
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27 November 2024 | 13 replies
It is improving, meaning sellers and builders are facing a little more competition, but there is still a shortage of housing units in the region. 3) Rental prices are strong and single family homes and townhouses rent very quickly.
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26 November 2024 | 11 replies
Ideally doing some value-add improvements during that 1yr.
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25 November 2024 | 7 replies
For tax purposes, remodeling costs like the kitchen and flooring are considered capital improvements and depreciated over 27.5 years.
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5 December 2024 | 554 replies
Everything else, I'd invest in assets that have the potential to appreciate in value (can be improved, are inherently scarce, etc) or generate strong future cash flows.
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25 November 2024 | 16 replies
I got a lien on the house they were flipping, all looked good on paper, then I found out they were using my $60K to improve their personal house!
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23 November 2024 | 2 replies
However, profits would be bigger if there were no HOA fee and there would be more opportunity to make improvements on the property.
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26 November 2024 | 22 replies
.: Quote from @Chris Seveney: @Dana YobstBlows my mind how he is out there still teaching classes and going on as nothing happened but it sounds like these debts are not getting substantially paid down.As many of us know, one of the main reasons he's able to continue on is with the help of this other self proclaimed criminal https://weclosenotes.com/ep-nc-03-protecting-yourself-using-a-corporate-veil-with-aaron-young-from-laughlin-associates/ Using a remote entity to limit liability is a life blood of insuring investment into all types of job creating, life saving and life improving business development.
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22 November 2024 | 1 reply
We wanted to improve this building and make for a long-term hold that improves the community.