Pedro González
Fix & Flip project
26 December 2024 | 2 replies
Purchase price: $170,000 Cash invested: $60,000 Sale price: $280,000 It was my first project.
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?
Rachel Hadass
Looking to connect with other mamas balancing jobs, kids and real estate!
5 January 2025 | 31 replies
Analysis paralysis can definitely be tough to get past but you got this!
Joshua Nichols
Funding Flipping for the First Time
30 January 2025 | 5 replies
Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).
Paul Whitney
1031 Cash Flow investor
30 January 2025 | 7 replies
With California’s tough landlord laws, I can see why you’re looking for more landlord-friendly areas.
Monty Alston
Looking to unlock the equity in my house...
25 January 2025 | 2 replies
I’m looking to invest in nearby areas, focusing on fix-and-flip projects and new ground-up construction.
Jaxin Pierce
Start Rent or Flip
2 January 2025 | 1 reply
starting with a flip" is really tough because flipping takes capital.
Daniel Dubeck
Gap funding
28 January 2025 | 14 replies
With the hotel we're currently doing or on any other projects he can create an IUL.
Devin James
Unnecessary Limits on Housing Development
31 January 2025 | 7 replies
Quote from @Devin James: In one of our development projects, the City staff asked us to remove 40 units from our concept plan.This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.Our original concept already proposed fewer units than the current zoning would have allowed.Here’s what erasing 40 units means:- 40 fewer homes for buyers- Over $1M in lost profit for our team- Fewer tax dollars and impact fees that could’ve benefited the City’s infrastructure & servicesWe gotta get betterEveryone wants more affordable housing, but not everyone wants to do what it takes to achieve it we never listen to the recommending bodies. we move for city approvals and work closely. the other thing we do is keep going back to the same groups over and over and over and over every month on the same agenda and make very small reductions like 2% or 4% and that reduces and beats them down eventually they accept what you want. it's just before beating a dead horse. we keep tabling until they give us something we all agree on then we go to vote. in our city in columbus we have to get recommendations but that's our strategy. we used to come out as aggressive as possible. we typically study developments in the area and keep it very similar in terms of density. we have a track record of very controversial projects and litigation and not taking no as an answer. after a year of that haha I can tell you it's not worth it. now we are more relationship based and buying the right kinds of plots of land. if the numbers don't work on the front end don't do the development.