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10 January 2020 | 87 replies
If you are getting the GIS county parcel file, PostgreSQL has the PostGIS extension, that will allow you to run queries 'spatially' using the lat/long for comps right off the county data (hence, keep getting the monthly updates, so that you can run comps back 6-12 months or more).
26 December 2010 | 20 replies
Things take much longer to develop than people think.Typically when you see big apartment buildings go up it is a 3 to 5 year process.It might only be a few years from the time the public hears about it but before that years of legwork went into getting to that point.I couldn't say if right now was the right time to build.Everything is project specific.If the city will let you use a class C finish rather than a class A the numbers will save you money.Just to give a for instance some cities will demand a traffic light be put in for some projects.The traffic light parts itself are not that expensive but with the fiber optic hookup and underground cabling you are talking hundreds of thousands just for that one item.Typically on larger projects it's a fight for the developer to make profit.They propose a certain density and drawing.The county or city then wants to reduce the density and add in all these road improvements and lights at the cost of the developer.All the costs have to work for both parties to get a deal done.I have seen some projects take 2 years to get approved from submitting after going back and forth with revisions and tabling until the next meeting.So half the battle is the cost and financing available when you break ground and the other is the political junk.How much total land would you be getting??
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19 January 2011 | 13 replies
I've studied wholesaling as extensively as possible as well as all of the contracts I will need.
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29 January 2007 | 17 replies
they're there to protect the buyer AND THE SELLER - for instance, those 30 days, protect the wholesaler AND the seller.
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24 March 2007 | 2 replies
For instance, I have found a few units selling for under or around 25k.
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18 December 2022 | 3 replies
For instance, nearly all my properties have traits that were critical to their financial viability as rentals, but which would have never been conveyed in numbers or via software...because of that, I prefer to collect my own data, do my own analyses, see the properties with my own eyes, and do my own due diligence--and I don't need any fancy software to do that (at least, nothing fancier than Excel).Just my two cents.Good luck out there!
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12 January 2020 | 5 replies
Not sure if best forum to post in, but looking for input/advice/direction from experienced wholesalers and/or real estate flippers/investors who have extensive experience in mass marketing.
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31 January 2020 | 14 replies
If you are headstrong on partnering, you can make it work as long as you brainstorm all the things that can go wrong and decide while you are getting along what should happen in each instance if you need to break up.I suggest joining whatever non-profit REIAs are in your area and attending meetings to see who is doing what finding out what is working in your market.What market are you in?
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23 July 2020 | 21 replies
For instance, in the few conversations I have had with others locally, there is one name that keeps coming up for lending in this space.
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23 September 2020 | 10 replies
I feel as though these forums bring very like minded people together, there's an extensive amount of resources and information at your disposal here.