Quote from @Treza Edwards: I would be looking at this as a market-dependent change.

Quote from @Elijah Edwards: I am hitting a roadblock in finding deals...

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. 

The concept is that property is passed to heirs at a stepped up tax basis, that, if sold, will not result in depreciation recapture, or capital gains taxes for your heirs. 

I made a great connection with that property owner and proved the concept since he was unfamiliar and hadn't even heard of rental arbitrage.

@Treza Edwards  your original question may answer itself when you say there is not much new construction going on. 

@Treza Edwards We do not use lexis nexus.

Quote from @Edward P.: Don't forget to check the license number with the DBPR of anyone who says they are a Contractor.

Quote from @Edward Wylie: Quote from @Robert Smith: I am interested in possibly doing so.

Hello everyone, I have no knowledge of real estate but I'm eager to learn this concept from beginner to advanced levels.