Always good to exchange insights with someone deep in the development space!

Quote from @William Hochstedler: Utah has been booming for the past decade by every metric. my kids did deposits on ski condos at Park City  NEW development and one at Brianhead and those things shot up like crazy.. they need to keep it up so they can take good care of me in my waining years.

I think the right investor would do 2 units long term one unit short term. this strategy allows you the greatest flexibility. we are also developing an extended stay hotel that's 58 rooms. the size of the average room in that is 216 square feet and rents for a target $80 per night. our development cost per room is 100k per room with hard construction. the smaller you go the more money you make. if I was to suggest anything it would be to focus on the smaller part of the market and on multiple unit dwellings and finding and identifying markets that meet similar numbers. that will probably be midwest markets.

Blaming immigrants for the housing crisis ignores the actual causes—zoning laws, slow development approvals, and underinvestment in housing supply.

I enjoyed meeting you and was truly impressed by your dedication to learning about real estate investment and development in depth.Congratulations to the four students who have already completed the course and received their certificates at the event! 

Also, while it won't cashflow right away, rental rates will continue to rise and in 3-4 years it will very likely be a cash-flowing property (it's in a prime location with tons of upside and development going on around it). 

So path of progress.. took till 2020 until development happened around me and that unbuidable property I paid 28k for I sold for 2.2 million to a developer..

ZCG leverages both my decades of real estate experience and innovative tools we've developed to streamline the investment process.At ZCG, we’ve developed a real estate investment deal funnel that automates lead intake, analysis, and tracking, which has been a game-changer for our deal flow.

.🔹 Co-Living is Gaining Legal Ground:Colorado eliminated all restrictions on the number of unrelated adults living together statewide as of July 1, 2024, marking a major victory for co-living advocates.This week, Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for “illegal boarding houses” on constitutional and fair housing grounds.Cities like all over like Washington D.C. are considering zoning reforms to allow more co-living developments as an answer to the housing crisis.As Airbnb restrictions tighten, co-living is emerging as a scalable and legally sound alternative that balances affordability, tenant stability, and community needs.

As the CFO of a developing firm, I’m loving the play-by-play—shows how patience and off-market grit still win in a slow market.You’re spot-on about transactions dragging—non-turnkey, overpriced stuff is just collecting dust right now.