Brokerage firms have developed structured processes to encourage this mentality and force agents to compete with each other.

So, if the attic space was converted to a bedroom without the proper permits (to make it a "legal" bedroom and put the finished sq footage on the tax records) then they won't be able to factor that into their values. 

I would stay close to the development and near the light rail. 

I'm developing someone else's dream and NOT minding my own business. 

Our next topic on July 17 in Worcester is specifically 101 Mistakes in Commercial Development. 

Hey guys ! So a potential deal came across my desk yesterday that I have made an offer for . It is for a vacant lot in an area of NJ where the fourplexes are selling for between 1.1 -1.2 million . I have a quote from ...

Have the seller obtain the proper certificate of occupancy, or else be prepared to walk from the deal.If you close on it, you will have a single family with an illegal extra apartment. 

I could say some things, but I've never done development or learned a lot about it, so I'm not comfortable offering advice there. 

What are the most important accounting reports to properly manage property and report?

If you do it without proper approval, and the lease requires it, you'd be violating the lease.