25 July 2024 | 5 replies
Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?
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25 July 2024 | 5 replies
You can't seem to justify the current asking price, so how are you going to convince another buyer that it's worth more based on zoning?
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25 July 2024 | 14 replies
Interestingly my current CPA mentioned that i don't get much benefit of depreciation is that in San Diego based on my previous filing based on Turbotax the land value is lesser then the total cost of the building so not getting much depreciation benefit.
22 July 2024 | 10 replies
I currently do not have enough down payment.
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22 July 2024 | 9 replies
I currently have a long term rental in the Cincinnati area.
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25 July 2024 | 2 replies
Currently, the data suggests that the next few months, with winter approaching, could indeed be challenging due to the high inventory levels.
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25 July 2024 | 2 replies
In all likelihood we'll have to quote and insure your current portfolio as well - let me know if you're open this, thanks.
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25 July 2024 | 21 replies
I currently live approximately 60 miles east.
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25 July 2024 | 2 replies
Our current president is supposedly floating a policy idea of rent control to no more than 5% annually.
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25 July 2024 | 0 replies
Purchase price: $175,000 Cash invested: $750,000 Sale price: $1,450,000 This is a current transaction that I'm working on.