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Good morning BP! I've been in the environmental field in Florida for the past decade, helping land development clients through the myriad of wetland and listed wildlife species regulations and permitting. My experie...
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Just spoke to a developer in Northern Nevada, and he made a comment that was pretty shocking to hear first hand. Apparently, local jurisdictions here are saying they want more affordable housing, but in the same sente...
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Greetings all. Ive been lurking around for quite sometime and finally joined.
I myself am a young investor who recently got into residential and commercial real estate on the side a year ago. Not only am I an investo...
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Before closing on an investment property, I undertake several crucial due diligence steps to ensure I make an informed decision. These steps include:
-Property Inspection: Engaging a qualified inspector to thoroughly...
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Has anyone purchased or sold a property with DPS (Downgradient Property Status) filed on it, because of environmental contamination from an upstream property? I'm in Massachusetts, if that makes a difference, but I'm ...
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Hello,I have 3.7 acres of land under contract that I need to do my due diligence on. Part of the land from a 2018 survey shows wetlands on the front of the property. Visually it looks dry though and not wet at all. On...
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I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:
" EDR collateral screen out...
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I would love to talk to someone who has been doing development of raw land in South America towards creating vacation rentals. I am a mom to two kids, a performing and teaching artist connected to native culture of Br...
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Hello BP Family,Does anyone here at BP ever own a single tenant building with a tenant being a Dry Cleaner?The deal I am looking to buy at is a 6300 sqrt building and the long term tenant is Pilgrim Dry Clean. The num...
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Just curious what people are seeing out in the market; In a commercial property context (industrial, retail, office, even multi-family), is an environmental (at least a phase I) always requested by lenders (convention...