., PLUS all the other building and development costs) Some foreign investors made an offer for $585,000 for both lots, telling the seller they can close in 10 days and construct the house in 90 (right.... but I digress).

We are a B Corporation registered in Mass. operating in Georgia.We are a real estate development firm committed to social and environmental impact utilizing smart growth, sustainable and new urbanism principles.By becoming a B Corp, it allow us to make corporate decisions with investors dollars based on environmental and social impact.

They will need to know about zoning, air rights and recent comps for land that sold, development and price per square foot for development and so on.

It's changing a lot, but in a great way, and I'm very interested to see how it develops over the next couple years.My goals are to understand how to spot and forecast trends early, and also network with developers.

I just watched a webinar about a Nicaraguan development I work with where they had a segment with an IRA/401K expert on it talking about the options for investing with those funds.

., declaration of condominium property, bylaws, restrictive covenants, etc...) state all of the rules that apply to owning a lot in the development, the creation of the association, how the association is to be managed, and how the property is to be managed.All of these vague references actually create legal obligations on your part as the owner of the unit (even if it is a vacant lot).

., in a real property trade or business) if:1) more than one-half of the personal services you provided during the year were performed in a real property trade or business in which you materially participated; AND2) the number of hours in which you materially participated in this real property trade or business was more than 750 hours; AND3) you must materially participate in each rental real estate activity unless you filed an election to group all rental real estate activities as one (and materially participate in that activity).A "real property trade or business" means any real property development, redevelopment, construction, reconstruction, acquisition, conversion, or rental operation, management, leasing, or brokerage trade or business.Personal services performed as an employee are not treated as being performed in a real property trade or business unless you are a more than 5% owner of the trade or business.For joint return purposes, the eligibility requirements are considered met if either you or your spouse separately satisfy the requirements.

They established both relationships and a reputation for that area.I have the same plan as you for acquiring properties in about 6 years once I'm in a stable situation - finding a couple off-MLS buy and holds per year.

I just joined BP and looked up where Whole Foods is developing new stores and New Orleans piqued my interest.

I worked in real estate from 2004-2009 as a project manager for a medium sized real estate developer, and had a few rentals.