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18 December 2024 | 3 replies
This is part of a larger trend of waterfront developments happening such as the Potomac River Generating Station turning into a 2.5 million square foot mixed-use community, the Montgomery Center turning into 327 new apartments, 25,000 square feet of retail, and 13,000 square feet of arts and cultural center starting July of 2024,This puts Robinson Terminal North as the next big project developers are eyeing, with Rooney Property groups announcing their plans to redevelop the decade-long abandoned warehouse space into a 600,000 square feet multifamily, retail, and thriving park area by 2025 following the completion of Hazel Waterfront Tunnel at the site.This new development, which received approval just a little over a month ago, has had many delayed development plans due to concerns about environmental hazards, which have now all been cleared upSources:Robinson North plan advances amid environmental concernsAlexandria Waterfront Small Area Plan March 2024Potomac River Generating StationSwimmable Potomac River CampaignMontgomery Center Redevelopment ApprovedAlexRenew completes two-mile long, 100-foot deep tunnelAlexandria City West, Landmark Mall Redevelopment (2028)Alexandria's Landmark Mall, which at a time was a thriving 52-acre strip mall that was a major attraction in West Alexandria, has long been an eye soar and swath of unused space.
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16 December 2024 | 21 replies
He's going to screw up like this again and again, and the way these things go, most of the burden of dealing with it is usually going to be on you.As far as him ever taking you to court over this and winning -- this is not the sort of dispute between adults any sort of magistrate feels should ever end up in court.
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13 December 2024 | 5 replies
With larger projects come bigger budgets, and tracking your cash flow becomes essential for profitability.
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12 December 2024 | 6 replies
I know it may sound as a BIAS from my side but I think this should NOT be legal to put covenant, see my logic here a builder build a whole community and one part of it is rentals the rest is single family, they put covenants and restrict the market to rent by room just to ensure they can rent their rentals that is a sort of monopolistic behavior and should not be legal.
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14 December 2024 | 6 replies
Here are the common exceptions:Relocation for Work: If your job requires you to move a significant distance from your current property (usually over 50 miles), you may qualify for a second FHA loan near your new workplace.Increase in Family Size: If your household has grown, and your current property no longer meets your family’s needs, you may qualify for a second FHA loan to purchase a larger home.Co-Borrower Separation: If you co-signed on an FHA loan and are no longer living in the property (e.g., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.
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17 December 2024 | 42 replies
Same sort of concept with making an offer on real property, do you have your attorney make the offer?
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12 December 2024 | 3 replies
There are a lot of different ways to deploy that $300K (or keep a larger chunk in cash for safety).
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11 December 2024 | 0 replies
Purchase price: $65,335 Cash invested: $32,301 Sale price: $197,500 Was my second BRRR investment but ended up selling the property to move into a larger one.
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12 December 2024 | 17 replies
Not just a larger group of attendees, but a group that is beneficial for all who do attend as a result of the strength which each person brings and shares.
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11 December 2024 | 8 replies
It's the sort of market that passes every metric or test when you start doing research, though.