Rental Property Investor · Baltimore, MD · Member since 2017 · 15 posts · 9 votes
Company is considering bidding on an RFP for a government-owned, vacant city block. Our first time putting together a bid like this - Is it a worthwhile venture? Are there any pitfalls? Who has succeeded in a similar venture and what steps did you take?...
Developer · Charlottesville, VA · Member since 2018 · 4k+ posts · 4k+ votes
7y
@Andrew Hinton you will likely be facing a lot of competition if this is a good property. There is lots of paperwork and red tape. It does help if you are SWAM certified and a disadvantage or minority owned business. You will get preferred status if all other conditions are equal.