Author: propertee1

AtlantaCapital Markets Roughly six months after finishing construction on 305K SF of office space at its Echo Street West mixed-use project in Atlanta, Lincoln Property Co. is looking for a quick exit. Read More…

Flaunting access to natural amenities, a variety of multi-use trials, and a growing number of restaurant and retail options, an infill project in Atlanta’s so-called “Upper Westside” is taking shape on formerly vacant land. Read more…

home.howstuffworks In the 1986 comedy “The Money Pit,” a young Tom Hanks finds himself struggling to repair a decrepit mansion that’s falling apart around him. The gigantic house seems like a good deal at first — until the staircase starts collapsing and chimneys begin caving in. Important lesson: Never buy a house without doing your homework. And … Continued

nationalreview Time and again [the president] preached cooperation and partnership. . . . And time and again he was the first to ignore his own call,” says the governor of Colorado. Wyoming’s governor complains: “The federal system is badly out of kilter. Federal encroachments on state and local governments are at an all-time high.” The … Continued

ATLANTA, Ga. (Atlanta News First) – On Monday, the Atlanta City Council approved a tax increase for property owners of neglected or blighted buildings. “It’s very important. It gives us a tool we can actually use to get rid of some of these properties that have been sitting in our communities for decades,” said Byron … Continued

baltimoresun Gov. Martin O’Malley’s broad strategy to revamp land development rules across Maryland met harsh criticism Friday, as local officials worried that the governor’s proposal would interfere with their ability to plan and pay for schools, roads and housing. In a discussion with local leaders at a Maryland Association of Counties conference, the Democratic governor sought to … Continued

inman Unimproved property can be cheap, but financing poses challenges As 2009 limped to a close, down in suburban Miami beleaguered homebuilder Lennar Corp. sold a 9-acre parcel of raw land for $2.3 million. The property, located in the city of Kendall, was, according to press reports, originally acquired in 2003 for $15 million, but … Continued

ehow Perhaps you’ve inherited some land, decided to sell some investment property or are just in need of some extra cash. Either way, selling land by owner can require some extra work but in the long run will ultimately be more profitable than selling with a real estate agent. There are a few things you … Continued

Cities don’t like vacant lots. While some are turned into parking lots, others, trash-strewn and surrounded by chain-link fences, look like scars on the landscape. At their worst, they accentuate the perception of urban blight. In boom times, vacant lots are mostly a short-term issue that disappears when developers arrive. But with the sagging economy, … Continued

Zacks The Internal Revenue Service lets you subtract all your expenses from the gross income you earn on your investment property to find your taxable profit or your loss. With investment land, it’s very common to experience a loss, since you have incur expenses in carrying it but you may not be earning any income. … Continued