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26 July 2024 | 2 replies
Established developers with a history of successful projects are generally safer bets.
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29 July 2024 | 5 replies
Egg on my face, and I am now happy to admit that I am a (long ago) law school drop-out.I still have not found a more up to date (free) source of the statute than my original source, and can’t tell whether this version of the Bill I just found is the final version signed into law: https://gov.georgia.gov/document/2024-signed-legislation/hb-404/downloadIf it is, then it appears that a 3 business day notice “… shall be posted in sealed envelope conspicuously on the door of the property and delivered via any additional method or methods agreed upon in the rental agreement.”
29 July 2024 | 5 replies
This may be a bit long but I do appreciate any and all replies, TIA.
29 July 2024 | 10 replies
After you've reno'd and trended rents, either (i) sell / cash out or (ii) cash out refinance with a long term 10+ year fixed perm loan, and proceed to own/operate.
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25 July 2024 | 1 reply
We are seeking to establish an estate plan to transfer these mortgages to Trusts without forfeiting tax benefits or triggering due on sale clauses.
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24 July 2024 | 5 replies
Check for how long the current tenants have been in the property and assess the property condition.
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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31 July 2024 | 40 replies
Lastly, don't forget to look into STR legislation and what might be coming down the line for that area.
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23 July 2024 | 11 replies
A year of rent sounds great on the surface but I'm wondering why they wouldn't just pursue a normal year long (long term) rental...maybe they've been bad renters or have bad credit or low income.
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24 July 2024 | 8 replies
The longer lease, assuming strong credit tenant, means you will have a secured income for a long time.