All Forum Posts by: Account Closed

Hi Daniel,

I am in a similar situation, I am also a civil engineer in the area doing land development and would love to get into some developments of my own eventually.

Hey @JT Green,@Edward Janowiak, & @Austin Allan sorry about the slow reply. I'll pm you guys about the group

Hey Frank,

I would be interested in joining a development focused group. I work at a land development engineer firm down in DTC and actually just finished preliminary design on a high end residential development in Douglas County a few weeks ago. I don't have any personal experience with my own development yet, but that is my ultimate goal in real estate investing is to get into doing some developments.

Hey Taylor, I would definitely be interested if you get one put together.  

@Robin Searle I'm guessing @Ken Latchers is talking about the short discussion you started on the topic in the "Best cities / states for Airb&b" thread a few days ago.

Hey Luke,

I work for a land development engineering firm here in Denver. We currently have a 14 acre 200 lot townhome development going in Wheatridge right now. Private message me a little more info on the property and I can try to take a quick look at it later for you and see if I can give you any insight on it.

The last property I purchased here in a very hot market. The sellers countered and wanted me to waive inspection in my offer or they would take the next offer down.

What I ended up doing on that contract was keeping the inspection clause but stating that it would only be a reason to back out of the deal if there were $10k+ of damages discovered in the inspection.

They accepted that counter as it still showed I was a very serious buyer and wasn’t going to nickel and dime them on small things or back out of the deal unless I really had to.

What’s the requirements in the specific residential zone they’re in? Is it a less dense zoning requiring 5 acre lots or could you put more than 3 houses on the 15 acres?

Are these lots predeveloped land in a subdivision with existing utilities and roads around the properties where it just needs a house and driveway or does it still need developed first to be buildable?

Has there been any city approved engineering/planning documents on these lots or the subdivision they might be in?

What is the zoning on the land?

Thanks for the clarification @Natalie Kolodij. I have one last question, as far the capital gains portion many posts I have seen said the capital gains worked as you described and then others refered to the following section on IRS Publication 523, page 11 where it talks about a bedroom rental and office space being ok and argued that capital gains wouldn't apply. I was wondering if you could clarify exactly what this piece is referring to and if it might apply. Thanks!