Between a $7.6B Hyundai EV plant near Savannah, an $11B investment from Amazon in AI infrastructure, and a new Duracell R&D HQ in Atlanta, we’re looking at thousands of new jobs and long-term growth.   

@Remisola Omodara per Texas law, you are only allowed one Homestead exemption at a time, so not sure how you had multiple ones filed.

I informed my tenant their lease ends at the end of the month and am serving a 10-day pay or quit notice tomorrow.

As a contractor and you tell me you have a bunch of materials you bought at auction , I would pass personally .

Quote from @Lee Johnson: I’m in the early planning phase of a real estate development project and would love your insight and guidance.I’m looking to purchase land and build a small apartment complex consisting of 1 to 10 units, with a mix of layouts: 1-bedroom, 1-bath lofts with in-unit washer/dryer2-bedroom, 1-bath apartments with in-unit washer/dryer3-bedroom, 2-bath units with washer/dryer hookupsThe vision is a modern, efficient design targeting working professionals and small families, ideally in a growing urban/suburban area with strong rental demand.As a first-time developer, I’m trying to figure out the best path to secure funding for:Land acquisitionConstruction costsSoft costs and contingenciesI’m open to various financing options, including hard money, private lenders, construction loans, JV partnerships, or even syndication if that makes sense at this scale.So my main questions are:How would you recommend structuring financing for a project like this?

There's no mortgage on it at all.

Quote from @Nick Perret Efferson: Quote from @Drew Sygit: Go look at what the FIRE Team with KW Paint Creek in Rochester, MI is doing!

But real estate bought at a less than optimum time and under less than optimum terms can slow down your growth way more than being patient and waiting.

If it won't be habitable during renovations, you can finance 6 months of payments (principal, interest, tax, and insurance payments) to cover these costs while the home is uninhabitable.Of course the numbers still have to work, so you have to buy it at a price that makes sense relative to the market and the cost of the renovations.

At this point, I would be most concerned with maximizing the unit's exposure.