
18 June 2015 | 7 replies
I am thinking something along the same lines as a developer fee.

6 July 2015 | 2 replies
They usually make sens for VERY large developments (100+ units) because of all the CPAs and Lawyers you have to hire.This is just the case in my experience.

1 July 2015 | 8 replies
Do you have any, or all, of the following experience and skills:Blue collarbackhoelicensed home installertransport driverelectricianplumberconcrete workremodelerOfficeresident intake and screeningresident relations/community relations/governmental relationsbookkeepingcollectionsWhite CollarCompliance Management SystemDeveloping and Implementing a Marketing Plan that makes sense for the style and location of the community you buy.Selling homes at a profit and closing the sale.Establishing some legal and compliant manner by which your prospective residents can obtain financing to purchase the homes you are selling.For 4 and 5 star communities with prospective residents who average credit score is above 660 you will need to develop good relationships with outside lenders.For lesser communities or for communities where the marketing is geared to draw residents with credit scores below 660, you will need to develop some form of seller finance.Developing consulting or vendor resources for areas where help is needed.The more you already know, the less outside help you are going to need.

22 June 2015 | 10 replies
But by making calls to other people we knew in the industry, our contact knew someone that develops on that side of town and we were able to assign it for $710,000.

19 June 2015 | 2 replies
Golf participation is down quite a bit from the peak years and some of the courses around me (Illinois) are not doing as well as they were.I think there's a better and higher use for most golf courses by converting them to development to be honest.......But your example suggests thats not always true.

24 June 2015 | 11 replies
Now it has taken years to develope the list that I use and I am always updating it.

19 June 2015 | 11 replies
It depends on your area and the developers that built the structure, though.

1 July 2015 | 4 replies
*Once asset has been at stabilized occupancy for 6 months, we will either refinance or resale the development via online auction. - which earns our investors a 12%-20% return on their investment.Here is the question for the BP family, - Has anyone in the BP family successfully refinanced a multifamily land contract into a new commercial loan, if so- where did you get the best terms, time frame, out of pocket, requirements, etc..

29 September 2015 | 13 replies
I think our payment was right around $1,000/mo.We had our first child there and then moved to a single family when my wife was pregnant with our second - about four years in the duplex total.

24 June 2015 | 10 replies
My wife and I are in our early 30's, married for 13 years, and have an 8yo child.