All Forum Posts by: Tylor B.

Tylor B. has started 4 posts and replied 10 times.

Any idea on market value on home if neighboring Section 8 housing?

0 Votes

All,

I am pending closure on a triplex but just learned my neighbors are remodeling to rent out to Section 8. I think I could probably rent at slightly higher than Section 8 market pricing, but do you think my property value / appreciation in the future? Anyone experience this?

0 Votes

Brandon and Steve,

These are exactly the types of technologies I'm interested in. Do current building codes and regulations allow for these technologies? What are everyones thoughts on them?

0 Votes

Originally posted by @Douglas Dowell:

Hello Tyler,

I am very interested in 3D printing in the construction space. I think from my perspective the dangers are sloooooow integration and acceptance. I though the ICF would be the end all be all and it never really was widely adopted. Is this time different? And why? What time horizon will this innovation take to become accepted?

It seems to me that forward looking entrepreneurs are going to adopt this first. I am not so sure the consumer in a spec home context will be ready to jump all in. Maybe in the right geography? California? I doubt the flyover states will take the lead on this one.

Finally, I would probably focus most on the management team. (See Zero to One by Peter Thiel). Their ability to execute and work cohesively are paramount maybe even over the technology itself? Is this the right team to take it across the goal line?

This type on investment? great from a ideological and social standpoint but can we afford this risk? My value investment prejudices would say no way. My futuristic prejudices say go for it.

Douglas,

Thanks for your reply. Has your entrepreneurial edge led you to do any research with certifications, permits, codes, etc revolving around constructing buildings with new materials and methods?

Thanks

0 Votes

Originally posted by @Karen Margrave:

@Tylor B. Welcome to BP! Though I have no experience in the process, I will tell you from a builders standpoint, it would take a long time for acceptance. There's been so many products come on the market that were supposed to be superior and environmentally friendlier, yet in practice, didn't hold up. One of the more notable was Brad Pitts generous gesture in New Orleans after Katrina. New Technology failed . There was also the sheetrock from China, etc.

Builders have huge amounts of money invested in projects, as well as their reputations, we are very leary when it comes to new, unproven technology.

@Karen Margave Thank you for your comment. I may have been underestimating builders' potential bearishness toward a new technology such as this - principally since this is not only environmentally friendly but also cost saving.

In your opinion, at what point do you start to feel safe? After you've seen the success of one home, a handful, hundreds, more?

I'm also still confused about some of my original questions, which revolve around permits/codes with new construction materials and methods. I understand that I will need to have some prototype homes to test - but I don't yet understand how I might build some - legally. Or, for that matter, certifications that may need obtained.

Thanks!

0 Votes

All,

I'm interested in investing in a technology within the real estate space. It is very early stage. It utilizes new materials and new methods for constructing the envelope of a house in a very environmentally friendly way.

My technical background helps me understand why it could build a great house. However, I have no construction experience. I am mostly concerned about the various permits and codes that go along with constructing a building/home. How strict are the regulations on new materials? What about regulations on new construction methods?

Is there anything I may be missing? Is there anyone here who has experience in investing in technologies in this space?

Thanks!

0 Votes

BP,

Can anyone help me with a source for researching data on commercial real estate? I would like to see average rent $/sq-ft by zip code.

Thank you in advance for any help.

-Tylor

0 Votes

@Darren Sager I love the map!!!

0 Votes

@Dawn Anastasi Thanks for the encouragement!

@Brandon Turner Turner Thanks! I didn't know about the keyword feature. I'll look into that and set it up.

@Mehran K. Indeed I am looking into buy & hold. I believe I will try to take advantage of a first time home buyer's loan (still researching it). So, at this time, it seems like a buy & hold on a duplex property might be right for me. Thanks for the video!

1 Vote

Hi BiggerPockets,

I'd like to introduce myself to the BiggerPocket's community as I plan to stick around and learn for quite some time. I've started reading blog posts and threads geared toward beginners and I'm very excited!

I hope some of you will be kind enough to introduce yourselves as well so I can begin to expand my network within the real estate industry.

I'm hoping to make my first investment in 6-12 months.

Thank you!

-Tylor

0 Votes

All Forum Posts by: Tylor B.

Tylor B. has started 4 posts and replied 10 times.

Post: Section 8 Neighbor Discount?

Post: Section 8 Neighbor Discount?

Post: Developing new building materials and construction methods

Post: Developing new building materials and construction methods

Post: Developing new building materials and construction methods

Post: Developing new building materials and construction methods

Post: Average $/Sq-ft in Rent for Commercial Property by Zip Code

Post: New member - targeting Pittsburgh, Central/Northern NJ or Detroit!

Post: New user introduction from Pittsburgh, PA

Post: New user introduction from Pittsburgh, PA