7 July 2024 | 10 replies
I definitely feel your pain.
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5 July 2024 | 2 replies
For example one big row of 15 units isn't optimal but if I want to break them up I would have to have 20' between blocks, which would kill yield.Instead of waiting for them to modernize their multi-family regs (at least a year out, maybe two) or sucking it up and living with the costs as things stand, I could instead do 5 "triplexes" of single-family + 2 ADUs and bypass some restrictions (only 5' setbacks between blocks, 1 parking space per ADU unit instead of 1.75, etc.).But I'm concerned that Seattle builders may quickly move away from this strategy as HB1110 will (in Seattle and many other larger cities/counties, but not mine) soon enable sixplex townhouses in pretty much all the areas where the condo-ized ADU strategy has been mushrooming.
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5 July 2024 | 4 replies
Akron, like most cities, can change from block to block so parts of some zip codes are no goes for me.
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8 July 2024 | 21 replies
Pay no attention to the keyboard warriors that took a course from a guru that's really not been around the block.
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7 July 2024 | 36 replies
The process is a pain in the ***.
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5 July 2024 | 8 replies
Also, in some markets, market demand changes from block to block.
5 July 2024 | 10 replies
I associate it with 1,000 sf houses on blocks with no garages and an illegal trailer dropped in the backyard.
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6 July 2024 | 29 replies
LOL So now each of my LLC's that has a different project has to have the developers license. its a pain there is no test but its a bond and insurance and not every one can get bonded these days.I know having done a lot of work in Chicago how tough that city can be as well.. no one is going to teach you this you just kind of learn it.so bottom line unless this person has some very narrow niche // or its just a raw raw thing to motivate you chances are there is nothing unique and I am not talking about getting rich with tax overages or some of the other things that get recirculated constantly.
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5 July 2024 | 5 replies
Good luck getting that garage sorted – it's a pain now, but you'll laugh about it later!"
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5 July 2024 | 73 replies
Like Detroit, Saint Louis is incredibly "block by block" where one area is experiencing gentrification or at least just a stable middle class feel and that might only be 100 yards away from a street that will be un rentable, un managemeable, and honestly a bad place to get out of your car.