All Forum Posts by: Hank Thomas

Thanks David! Appreciate your insight.

Thanks Rick!  Just so I'm on the same page.  Will the bank set up an appraisal or is this something I should take care before applying?

When starting the application process for taking out a HELOC on a primary residence is it necessary to have a current appraisal?

Thanks Mason and Hayden for your well informed insights.  You have given me very useful information to ponder during the decision making process.  The good thing is that I have some time before pulling the trigger on something.  Best wishes and even better Investing!  Hank

Hello BP community!  Question regarding how to best utilize a piece of property.  30 acre tract which is situated along a state highway in TN and is currently being farmed.  The land is under a three year lease and I'm wondering how to best utilize this property after the lease expires.  Ford Motor Co. has just announced they will be building a new manufacturing plant approximately 12 miles from this property which is scheduled to come on line in 2025.  My question is if, how, should, or would it make sense to develop this land and if so what type of properties?  This area is rural with a combination of farm land and housing alone this highway.  Thanks so much for taking the time to make this far in my second post.  Best wishes!

While driving for dollars I'm able to find properties which are off market but the issue is finding owner information.  What is the most efficient avenue for finding details on off market properties? Thanks in advance!