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6 February 2025 | 1 reply
.- To utilize the Mills Act requires a few things: An application (not free), inspections, and most importantly a contract with the city in which you promise to rehab and maintain the historic nature of the property.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.
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9 February 2025 | 2 replies
This is the structure we were looking at which is more of a subsidiary structure and this applies to raw land development: 📌 Structuring Plan1️⃣ Set up a QOF to raise capital from investors.2️⃣ Create a QOZB to handle hotel & parking development (each separate land parcels).3️⃣ QOF owns the land & funds QOZB for development.4️⃣ Raise capital through QOF equity, bank loans, or JV partners.5️⃣ Develop the projects & operate for 10+ years for tax-free gains.
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12 February 2025 | 2 replies
It's a free market. - You will finally get a tenant.
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22 February 2025 | 22 replies
They often pay out replacement cost value (RCV) for damages.DP-3 (Special Form): The most comprehensive DP policy, DP-3 offers "all-risk" coverage for the dwelling, protecting against all perils except those specifically excluded in the policy.
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6 February 2025 | 9 replies
You want a design that stays relevant, withstands high turnover, and doesn’t require constant costly updates.7.
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19 February 2025 | 1 reply
Mod Building if done right cuts your carrying cost and your installation time making it more affordable.
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12 February 2025 | 12 replies
Go ahead and file.In real life it costs you time to figure it out and money.
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17 February 2025 | 5 replies
But the cost of maintaining and filing an entity correctly is much higher and also needs to be considered.
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5 February 2025 | 4 replies
Feel free to connect with me on here or through my LinkedIn.
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11 February 2025 | 5 replies
We have been doing this constantly in Boise as we are such a high appreication market, but still more cost effective than CA.