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7 March 2024 | 0 replies
Each one has exciting new projects on the horizon, like a minor-league baseball stadium in Spartanburg, South Carolina, entertainment districts in Huntsville, Alabama and Alpharetta, Georgia, and even economic development, like electric vehicle manufacturing in Bowling Green, Kentucky.FULL STORY
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7 March 2024 | 5 replies
I had a pretty in-depth project involving SROs in Brooklyn a short while ago.
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6 March 2024 | 7 replies
Usually it's because there is lake water or drinking water or groundwater degraded that can be contaminated by septic or your project.
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7 March 2024 | 0 replies
Projected equity How did you find this deal and how did you negotiate it?
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7 March 2024 | 9 replies
I would have thought if you can buy a co-op, and you can later sell it, that it would be basically the same type of investment as a condo.
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6 March 2024 | 5 replies
If they are providing value you can pay them as a project manager.
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7 March 2024 | 13 replies
We've done a few deals together in this way and currently hold 10 properties together - with an additional 3-unit closing next week.The basic structure made sense for me to get started - my partner provided the cash injection and I provided the time and effort to find the properties, fix the first couple and/or manage the contractors.
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7 March 2024 | 5 replies
Income would be roughly $12,706 ($16,800-$4,094) based on projected annual tax (Wake County 0.96% of AV (taxed at 0.5 market value)) and insurance (0.59%).
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7 March 2024 | 7 replies
Thomas Anderson has several books that are good intro's if you want to read and learn some basics.
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7 March 2024 | 3 replies
To assess the viability of this deal, I utilized comparable property sales (comps) and projected potential cash flow through a profit and loss analysis (P&L).