21 01, 2019

How Can A Commercial Lessor In Florida Recover Funds When The Tenant Won’t Pay?

2024-06-17T12:41:52-04:00January 21st, 2019|Categories: Business, Commercial, Hard Money, Investment Properties, Leases, Tenants|Tags: , , |

Are you about to become a commercial lessor in Florida? Congratulations! You should know that a Florida statute (F.S. § 83.08) gives commercial lessors a statutory remedy for missed rent payments. The statute allows the lessor to put a lien against property on the leased premises.  Eventually, almost all lessors are forced to deal with tenants failing to pay rent. You don't just have to accept the missed rent as a loss though. The statute allows commercial lessors in Florida the automatic right to get a lien on all property within the premises owned by the tenant. Now, it doesn't mean

20 11, 2018

New Atlanta Investors: What Is The Midtown Alliance?

2024-06-17T12:42:14-04:00November 20th, 2018|Categories: Commercial, Developers, Hard Money, Investing, Investment, Investments, New Construction, New Home Development|Tags: , , |

If you're new to investing in Atlanta and are looking to invest in the Midtown area, you may wonder, "What's the Midtown Alliance?" Midtown Alliance Midtown Alliance's dedicated staff works to create the most desirable urban experience for Midtown. It's been around since 1978 and has been a driving force behind the revitalization of the area. Midtown is a migration destination for residents and it's a destination point for commerce, learning and cultural experience. Much of this is due to the hard work of teh staff at Midtown Alliance. Midtown has been redesigned to be a live-work-play community with a

12 11, 2018

Investing In The Nashville Real Estate Market

2024-06-17T12:42:17-04:00November 12th, 2018|Categories: Business, Commercial, Construction Loans, Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments, Leasing Your Property, New Construction, New Home Development, New Homes, Private Lending|Tags: , , |

There’s a lot of interest in investing in places like Nashville and other strong secondary markets right now. This is due to economic and cultural factors driving people out of more traditional markets. Plus, when you consider the quality of life in much larger downtowns, it's no wonder smaller, homier downtowns are the next big thing. These secondary markets prime for investing are great tourist destinations, just like Nashville. They are also key areas for music and the arts, just like Nashville. Here's what these secondary markets desperately need: Residential condo units. (Last year, Nashville gained a mere 71 units.)

25 10, 2018

What Is Cost Segregation

2024-06-17T12:42:24-04:00October 25th, 2018|Categories: Business, Commercial, Developers, Hard Money, Investing, Investment, Investment Properties|Tags: , |

Cost segregation is the process of identifying personal property assets and costs, and determining their classification for tax purposes. The purpose of cost segregation is reducing current tax liability. Often it's also used to defer taxes. This process identifies personal property assets that can be groups with real estate or real property assets. It then separated out the personal assets for tax reporting purposes. Unfortunately, it can be quite costly, so it's not always worth it. If you invested in a large real estate purchase though, it could easily have its financial benefits. The cost segregation study and report will

4 10, 2018

How To Find Apartment Buildings To Purchase

2024-06-17T12:42:31-04:00October 4th, 2018|Categories: Commercial, Investment, Investment Properties, Investments|Tags: , , |

Waiting for apartment buildings to go on sale is not always the best way to get a rental building. There are a number of ways to find apartment buildings before they go on sale. Here are a few ideas: Keep an eye on probate real estate - Fantastic deals are to be had in probate real estate. Contact apartment owners via a direct mailing - You never know who may be considering selling. Acquaint  yourself with attorneys - Divorces, lawsuits, and financial changes can create a potential apartment building seller. Network with commercial real estate brokers - They generally have

27 08, 2018

How Do You Get A Hard Money Loan?

2024-06-17T12:42:42-04:00August 27th, 2018|Categories: Bridge Loans, Commercial, Construction Loans, Hard Money Loans, Home Upgrades, Investing, Investment, Investment Properties, Investments, New Construction|Tags: , |

Are you considering investing in homes to flip them? Considering a hard money loan, but feel unsure about the process? Here's where you will need to start. Check out our hard money lending criteria. If your situation fits our criteria, just fill out the  online loan application or download and fax it to us. When we get your application, we will check it out. We can get purchasers money much more quickly than traditional lenders. Keep in mind that we lend up to 65 percent of the ARV value of the collateral. Luckily, if the loan will be used in part for the renovation or

15 08, 2018

Quick Tips For Getting Your Offer Accepted

2024-06-17T12:42:44-04:00August 15th, 2018|Categories: Commercial, Flipping, Foreclosures, Hard Money, Investing, Investment, Investment Properties, Short Sales|

There really are tricks to getting your offer accepted over someone else's offer. You just need to know how to structure the deal. Obviously, proof of funds and pre-approvals for any loans you will get are critically important to a seller choosing your offer. Many won't even entertain an offer without them. Also, remember that to some people, the terms are even more important than the actual money. Your offer might be higher in actual dollars, but if your offer has more complicated terms, they might just pass on you. Don't create extra issues. Try to meet the sellers on

13 04, 2018

Tax Cuts and Jobs Act Allows Business Owners A Tax Break On Roofing Projects

2024-06-17T12:47:41-04:00April 13th, 2018|Categories: Business, Commercial, Construction Loans, Income, Investing, Investment Properties, Taxes|Tags: |

Consider this: The Tax Cuts and Jobs Act offers business owners a new way to recover costs on projects including roofing projects as long as it's on a qualifying project. What is a Qualifying Project? A depreciable tangible personal property purchased to use to conduct business counts as a qualifying project. The new Tax Cuts and Jobs Act lets businesses avoid devaluation on capital investments with expected lifespans of 20 years or less. So, while some roofs may last longer that 20 years, Everyone knows the lifespan of an asphalt shingle roof is considered 20 years. Plus, the maximum investment

23 03, 2018

How And When To Obtain A Business License In Nashville

2024-06-17T12:48:06-04:00March 23rd, 2018|Categories: Commercial, Investing, Investment, Investment Properties, Leases, Leasing Your Property, New Construction|Tags: |

If you're considering purchasing a property in Nashville to use for business, you'll need a business license. If a business is located within the Nashville city limits, the owner must pay for a business license or a minimal activity license. The fee for that is $30. Now, if the business is outside the city limits, but still in the county, the owner still has to pay for a business license or a minimal activity license. Outside the city limits, the fee is just $15 though. If your gross receipts fall between $3,000 and $9,999 during a fiscal year, you only need

31 03, 2017

Commercial vs. Residential Loans

2017-03-31T17:24:19-04:00March 31st, 2017|Categories: Business, Commercial, Hard Money Loans|Tags: , |

  The differences between commercial hard money loans and residential hard money loans may seem cut-and-dry, but there are some big differences you need to understand because they'll impact which type of loan is right for you. Differences Between Residential and Commercial Hard Money Loans Residential mortgage loans are intended for properties that have one to four family units. Anything above that, or a property intended solely for business (not a dwelling), falls under a commercial loan. When you require a residential loan, your personal income, debt and ability to repay a loan are reviewed before you’re approved for a mortgage.

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